Tencent Holdings Financial Health
How is Tencent Holdings's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 700's short term assets (CN¥414.4B) exceed its short term liabilities (CN¥285.3B).
Long Term Liabilities: 700's short term assets (CN¥414.4B) exceed its long term liabilities (CN¥374.4B).
Debt to Equity History and Analysis
Debt Level: 700's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 700's debt to equity ratio has reduced from 53.8% to 41.9% over the past 5 years.
Debt Coverage: 700's debt is well covered by operating cash flow (47.2%).
Interest Coverage: 700's interest payments on its debt are well covered by EBIT (125x coverage).