China Tower Balance Sheet Health
Financial Health criteria checks 5/6
China Tower has a total shareholder equity of CN¥196.5B and total debt of CN¥86.0B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are CN¥316.7B and CN¥120.3B respectively. China Tower's EBIT is CN¥16.0B making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥5.4B.
Key information
43.8%
Debt to equity ratio
CN¥85.99b
Debt
| Interest coverage ratio | 5.7x |
| Cash | CN¥5.42b |
| Equity | CN¥196.49b |
| Total liabilities | CN¥120.26b |
| Total assets | CN¥316.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2Y1's short term assets (CN¥76.2B) exceed its short term liabilities (CN¥65.2B).
Long Term Liabilities: 2Y1's short term assets (CN¥76.2B) exceed its long term liabilities (CN¥55.0B).
Debt to Equity History and Analysis
Debt Level: 2Y1's net debt to equity ratio (41%) is considered high.
Reducing Debt: 2Y1's debt to equity ratio has reduced from 49.5% to 43.8% over the past 5 years.
Debt Coverage: 2Y1's debt is well covered by operating cash flow (62.9%).
Interest Coverage: 2Y1's interest payments on its debt are well covered by EBIT (5.7x coverage).