SmarTone Telecommunications Holdings Balance Sheet Health
Financial Health criteria checks 5/6
SmarTone Telecommunications Holdings has a total shareholder equity of HK$5.1B and total debt of HK$63.8M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are HK$10.7B and HK$5.6B respectively. SmarTone Telecommunications Holdings's EBIT is HK$672.7M making its interest coverage ratio -17. It has cash and short-term investments of HK$1.4B.
Key information
1.2%
Debt to equity ratio
HK$63.80m
Debt
Interest coverage ratio | -17x |
Cash | HK$1.41b |
Equity | HK$5.13b |
Total liabilities | HK$5.59b |
Total assets | HK$10.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMA's short term assets (HK$2.6B) exceed its short term liabilities (HK$2.6B).
Long Term Liabilities: SMA's short term assets (HK$2.6B) do not cover its long term liabilities (HK$3.0B).
Debt to Equity History and Analysis
Debt Level: SMA has more cash than its total debt.
Reducing Debt: SMA's debt to equity ratio has reduced from 47.9% to 1.2% over the past 5 years.
Debt Coverage: SMA's debt is well covered by operating cash flow (2910.6%).
Interest Coverage: SMA earns more interest than it pays, so coverage of interest payments is not a concern.