PetroChina Balance Sheet Health
Financial Health criteria checks 6/6
PetroChina has a total shareholder equity of CN¥1,680.6B and total debt of CN¥233.6B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are CN¥2,753.9B and CN¥1,073.3B respectively. PetroChina's EBIT is CN¥251.2B making its interest coverage ratio 16.8. It has cash and short-term investments of CN¥278.6B.
Key information
13.9%
Debt to equity ratio
CN¥233.56b
Debt
Interest coverage ratio | 16.8x |
Cash | CN¥278.60b |
Equity | CN¥1.68t |
Total liabilities | CN¥1.07t |
Total assets | CN¥2.75t |
Recent financial health updates
These 4 Measures Indicate That PetroChina (HKG:857) Is Using Debt Reasonably Well
Aug 13Here'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 20Recent updates
These 4 Measures Indicate That PetroChina (HKG:857) Is Using Debt Reasonably Well
Aug 13PetroChina'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¥671.0B) exceed its short term liabilities (CN¥627.8B).
Long Term Liabilities: 857's short term assets (CN¥671.0B) exceed its long term liabilities (CN¥445.5B).
Debt to Equity History and Analysis
Debt Level: 857 has more cash than its total debt.
Reducing Debt: 857's debt to equity ratio has reduced from 31.3% to 13.9% over the past 5 years.
Debt Coverage: 857's debt is well covered by operating cash flow (188.9%).
Interest Coverage: 857's interest payments on its debt are well covered by EBIT (16.8x coverage).