HKT Trust and HKT Balance Sheet Health
Financial Health criteria checks 2/6
HKT Trust and HKT has a total shareholder equity of HK$33.9B and total debt of HK$46.9B, which brings its debt-to-equity ratio to 138.1%. Its total assets and total liabilities are HK$113.7B and HK$79.8B respectively. HKT Trust and HKT's EBIT is HK$7.9B making its interest coverage ratio 3.8. It has cash and short-term investments of HK$1.7B.
Key information
138.1%
Debt to equity ratio
HK$46.86b
Debt
| Interest coverage ratio | 3.8x |
| Cash | HK$1.67b |
| Equity | HK$33.94b |
| Total liabilities | HK$79.78b |
| Total assets | HK$113.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4HK's short term assets (HK$9.8B) do not cover its short term liabilities (HK$24.1B).
Long Term Liabilities: 4HK's short term assets (HK$9.8B) do not cover its long term liabilities (HK$55.7B).
Debt to Equity History and Analysis
Debt Level: 4HK's net debt to equity ratio (133.1%) is considered high.
Reducing Debt: 4HK's debt to equity ratio has increased from 108.6% to 138.1% over the past 5 years.
Debt Coverage: 4HK's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 4HK's interest payments on its debt are well covered by EBIT (3.8x coverage).