China Unicom (Hong Kong) Balance Sheet Health
Financial Health criteria checks 5/6
China Unicom (Hong Kong) has a total shareholder equity of CN¥364.1B and total debt of CN¥44.1B, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥667.7B and CN¥303.7B respectively. China Unicom (Hong Kong)'s EBIT is CN¥18.0B making its interest coverage ratio -27.4. It has cash and short-term investments of CN¥82.6B.
Key information
12.1%
Debt to equity ratio
CN¥44.08b
Debt
| Interest coverage ratio | -27.4x |
| Cash | CN¥82.63b |
| Equity | CN¥364.07b |
| Total liabilities | CN¥303.67b |
| Total assets | CN¥667.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XCI's short term assets (CN¥173.8B) do not cover its short term liabilities (CN¥263.9B).
Long Term Liabilities: XCI's short term assets (CN¥173.8B) exceed its long term liabilities (CN¥39.8B).
Debt to Equity History and Analysis
Debt Level: XCI has more cash than its total debt.
Reducing Debt: XCI's debt to equity ratio has reduced from 20.3% to 12.1% over the past 5 years.
Debt Coverage: XCI's debt is well covered by operating cash flow (211.9%).
Interest Coverage: XCI earns more interest than it pays, so coverage of interest payments is not a concern.