China Telecom Balance Sheet Health
Financial Health criteria checks 5/6
China Telecom has a total shareholder equity of CN¥460.7B and total debt of CN¥9.5B, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥871.0B and CN¥410.3B respectively. China Telecom's EBIT is CN¥36.0B making its interest coverage ratio -14.8. It has cash and short-term investments of CN¥100.8B.
Key information
2.1%
Debt to equity ratio
CN¥9.52b
Debt
| Interest coverage ratio | -14.8x |
| Cash | CN¥100.75b |
| Equity | CN¥460.67b |
| Total liabilities | CN¥410.32b |
| Total assets | CN¥870.99b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601728's short term assets (CN¥199.9B) do not cover its short term liabilities (CN¥327.2B).
Long Term Liabilities: 601728's short term assets (CN¥199.9B) exceed its long term liabilities (CN¥83.1B).
Debt to Equity History and Analysis
Debt Level: 601728 has more cash than its total debt.
Reducing Debt: 601728's debt to equity ratio has reduced from 22% to 2.1% over the past 5 years.
Debt Coverage: 601728's debt is well covered by operating cash flow (1379.3%).
Interest Coverage: 601728 earns more interest than it pays, so coverage of interest payments is not a concern.