China Telecom Balance Sheet Health
Financial Health criteria checks 5/6
China Telecom has a total shareholder equity of CN¥452.8B and total debt of CN¥25.8B, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CN¥865.5B and CN¥412.7B respectively. China Telecom's EBIT is CN¥42.5B making its interest coverage ratio -16. It has cash and short-term investments of CN¥93.9B.
Key information
5.7%
Debt to equity ratio
CN¥25.76b
Debt
| Interest coverage ratio | -16x |
| Cash | CN¥93.86b |
| Equity | CN¥452.75b |
| Total liabilities | CN¥412.71b |
| Total assets | CN¥865.47b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601728's short term assets (CN¥196.0B) do not cover its short term liabilities (CN¥330.4B).
Long Term Liabilities: 601728's short term assets (CN¥196.0B) exceed its long term liabilities (CN¥82.3B).
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 34.3% to 5.7% over the past 5 years.
Debt Coverage: 601728's debt is well covered by operating cash flow (477.6%).
Interest Coverage: 601728 earns more interest than it pays, so coverage of interest payments is not a concern.