PetroChina Balance Sheet Health
Financial Health criteria checks 5/6
PetroChina has a total shareholder equity of CN¥1,597.5B and total debt of CN¥297.9B, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are CN¥2,781.8B and CN¥1,184.3B respectively. PetroChina's EBIT is CN¥251.6B making its interest coverage ratio 14.8. It has cash and short-term investments of CN¥289.2B.
Key information
18.6%
Debt to equity ratio
CN¥297.86b
Debt
Interest coverage ratio | 14.8x |
Cash | CN¥289.19b |
Equity | CN¥1.60t |
Total liabilities | CN¥1.18t |
Total assets | CN¥2.78t |
Recent financial health updates
Here's Why PetroChina (HKG:857) Can Manage Its Debt Responsibly
Jun 11These 4 Measures Indicate That PetroChina (HKG:857) Is Using Debt Extensively
Nov 29Does PetroChina (HKG:857) Have A Healthy Balance Sheet?
Aug 25These 4 Measures Indicate That PetroChina (HKG:857) Is Using Debt Extensively
Apr 20PetroChina (HKG:857) Has A Somewhat Strained Balance Sheet
Dec 23Recent updates
PetroChina's (HKG:857) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28With EPS Growth And More, PetroChina (HKG:857) Makes An Interesting Case
Jul 30We Like These Underlying Return On Capital Trends At PetroChina (HKG:857)
Jul 09PetroChina (HKG:857) Has Announced That It Will Be Increasing Its Dividend To HK$0.11
Jun 13Here's Why PetroChina (HKG:857) Can Manage Its Debt Responsibly
Jun 11If You Like EPS Growth Then Check Out PetroChina (HKG:857) Before It's Too Late
Apr 29Returns At PetroChina (HKG:857) Are On The Way Up
Apr 03There's Been No Shortage Of Growth Recently For PetroChina's (HKG:857) Returns On Capital
Dec 25These 4 Measures Indicate That PetroChina (HKG:857) Is Using Debt Extensively
Nov 29Estimating The Intrinsic Value Of PetroChina Company Limited (HKG:857)
Oct 16Investors Will Want PetroChina's (HKG:857) Growth In ROCE To Persist
Sep 20Does PetroChina (HKG:857) Have A Healthy Balance Sheet?
Aug 25PetroChina Company Limited's (HKG:857) Intrinsic Value Is Potentially 88% Above Its Share Price
Jul 03PetroChina (HKG:857) Is Increasing Its Dividend To HK$0.11
Jun 12Return Trends At PetroChina (HKG:857) Aren't Appealing
Jun 07Three Things You Should Check Before Buying PetroChina Company Limited (HKG:857) For Its Dividend
May 11These 4 Measures Indicate That PetroChina (HKG:857) Is Using Debt Extensively
Apr 20Is PetroChina Company Limited (HKG:857) Trading At A 47% Discount?
Apr 01PetroChina's (HKG:857) Stock Price Has Reduced 45% In The Past Three Years
Mar 09The Returns On Capital At PetroChina (HKG:857) Don't Inspire Confidence
Feb 16Are Dividend Investors Making A Mistake With PetroChina Company Limited (HKG:857)?
Jan 29Does PetroChina's (HKG:857) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 12PetroChina (HKG:857) Has A Somewhat Strained Balance Sheet
Dec 23PetroChina (HKG:857) Share Prices Have Dropped 54% In The Last Three Years
Dec 01Financial Position Analysis
Short Term Liabilities: 857's short term assets (CN¥724.8B) do not cover its short term liabilities (CN¥753.9B).
Long Term Liabilities: 857's short term assets (CN¥724.8B) exceed its long term liabilities (CN¥430.4B).
Debt to Equity History and Analysis
Debt Level: 857's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 857's debt to equity ratio has reduced from 30.6% to 18.6% over the past 5 years.
Debt Coverage: 857's debt is well covered by operating cash flow (141.4%).
Interest Coverage: 857's interest payments on its debt are well covered by EBIT (14.8x coverage).