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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:22 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HKT Trust and HKT Limited is covered by 23 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anand Ramachandran | Barclays |
| Lijun Zhao | BNP Paribas Securities (Asia) |
| Alen Lin | BNP Paribas Securities (Asia) |