HKT Trust and HKT Balance Sheet Health
Financial Health criteria checks 2/6
HKT Trust and HKT has a total shareholder equity of HK$35.4B and total debt of HK$45.4B, which brings its debt-to-equity ratio to 128.3%. Its total assets and total liabilities are HK$112.1B and HK$76.7B respectively. HKT Trust and HKT's EBIT is HK$7.7B making its interest coverage ratio 4. It has cash and short-term investments of HK$2.1B.
Key information
128.3%
Debt to equity ratio
HK$45.40b
Debt
Interest coverage ratio | 4x |
Cash | HK$2.07b |
Equity | HK$35.38b |
Total liabilities | HK$76.74b |
Total assets | HK$112.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4HK's short term assets (HK$9.4B) do not cover its short term liabilities (HK$20.1B).
Long Term Liabilities: 4HK's short term assets (HK$9.4B) do not cover its long term liabilities (HK$56.6B).
Debt to Equity History and Analysis
Debt Level: 4HK's net debt to equity ratio (122.5%) is considered high.
Reducing Debt: 4HK's debt to equity ratio has increased from 107.3% to 128.3% over the past 5 years.
Debt Coverage: 4HK's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 4HK's interest payments on its debt are well covered by EBIT (4x coverage).