PetroChina Balance Sheet Health
Financial Health criteria checks 5/6
PetroChina has a total shareholder equity of CN¥1,678.8B and total debt of CN¥216.4B, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are CN¥2,776.7B and CN¥1,097.9B respectively. PetroChina's EBIT is CN¥250.6B making its interest coverage ratio 20.6. It has cash and short-term investments of CN¥276.0B.
Key information
12.9%
Debt to equity ratio
CN¥216.43b
Debt
| Interest coverage ratio | 20.6x |
| Cash | CN¥276.04b |
| Equity | CN¥1.68t |
| Total liabilities | CN¥1.10t |
| Total assets | CN¥2.78t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 857's short term assets (CN¥680.0B) do not cover its short term liabilities (CN¥715.3B).
Long Term Liabilities: 857's short term assets (CN¥680.0B) exceed its long term liabilities (CN¥382.6B).
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 32.3% to 12.9% over the past 5 years.
Debt Coverage: 857's debt is well covered by operating cash flow (210%).
Interest Coverage: 857's interest payments on its debt are well covered by EBIT (20.6x coverage).