Tianjin Development Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tianjin Development Holdings has a total shareholder equity of HK$17.3B and total debt of HK$2.0B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are HK$22.1B and HK$4.9B respectively. Tianjin Development Holdings's EBIT is HK$96.1M making its interest coverage ratio -0.6. It has cash and short-term investments of HK$6.5B.
Key information
11.4%
Debt to equity ratio
HK$1.97b
Debt
| Interest coverage ratio | -0.6x |
| Cash | HK$6.53b |
| Equity | HK$17.27b |
| Total liabilities | HK$4.86b |
| Total assets | HK$22.13b |
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) Strong Profits May Be Masking Some Underlying Issues
Sep 25Tianjin 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$10.5B) exceed its short term liabilities (HK$3.0B).
Long Term Liabilities: 882's short term assets (HK$10.5B) exceed its long term liabilities (HK$1.9B).
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 12.9% to 11.4% over the past 5 years.
Debt Coverage: 882's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 882 earns more interest than it pays, so coverage of interest payments is not a concern.