Tianjin Development Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tianjin Development Holdings has a total shareholder equity of HK$17.5B and total debt of HK$1.8B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are HK$22.3B and HK$4.8B respectively. Tianjin Development Holdings's EBIT is HK$76.5M making its interest coverage ratio -0.5. It has cash and short-term investments of HK$6.9B.
Key information
10.3%
Debt to equity ratio
HK$1.81b
Debt
| Interest coverage ratio | -0.5x |
| Cash | HK$6.91b |
| Equity | HK$17.51b |
| Total liabilities | HK$4.78b |
| Total assets | HK$22.29b |
Recent financial health updates
Tianjin Development Holdings (HKG:882) Has A Rock Solid Balance Sheet
May 03
Is Tianjin Development Holdings (HKG:882) Using Debt Sensibly?
May 04Recent updates
Tianjin Development Holdings (HKG:882) Has A Rock Solid Balance Sheet
May 03Tianjin Development Holdings (HKG:882) Has Announced A Dividend Of HK$0.0345
Sep 18Tianjin Development Holdings (HKG:882) Will Pay A Dividend Of HK$0.0345
Sep 01Tianjin Development Holdings (HKG:882) Will Pay A Dividend Of HK$0.055
Apr 02Tianjin Development Holdings (HKG:882) Will Pay A Dividend Of HK$0.0345
Sep 01Tianjin Development Holdings' (HKG:882) Upcoming Dividend Will Be Larger Than Last Year's
May 20Tianjin Development Holdings (HKG:882) Is Paying Out A Larger Dividend Than Last Year
Apr 28Tianjin Development Holdings (HKG:882) Will Pay A Larger Dividend Than Last Year At HK$0.035
Sep 15Tianjin Development Holdings' (HKG:882) Upcoming Dividend Will Be Larger Than Last Year's
Sep 01Is Tianjin Development Holdings (HKG:882) Using Debt Sensibly?
May 04Should You Buy Tianjin Development Holdings Limited (HKG:882) For Its Dividend?
Apr 02What Type Of Returns Would Tianjin Development Holdings'(HKG:882) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Feb 23Estimating The Fair Value Of Tianjin Development Holdings Limited (HKG:882)
Jan 27Does Tianjin Development Holdings's (HKG:882) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 06
Investors In Tianjin Development Holdings Limited (HKG:882) Should Consider This, First
Dec 16Tianjin Development Holdings' (HKG:882) Stock Price Has Reduced 69% In The Past Five Years
Nov 24Financial Position Analysis
Short Term Liabilities: 882's short term assets (HK$10.7B) exceed its short term liabilities (HK$2.8B).
Long Term Liabilities: 882's short term assets (HK$10.7B) exceed its long term liabilities (HK$2.0B).
Debt to Equity History and Analysis
Debt Level: 882 has more cash than its total debt.
Reducing Debt: 882's debt to equity ratio has reduced from 13.5% to 10.3% over the past 5 years.
Debt Coverage: 882's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 882 earns more interest than it pays, so coverage of interest payments is not a concern.