Tencent Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tencent Holdings has a total shareholder equity of CN¥980.5B and total debt of CN¥330.1B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are CN¥1,723.4B and CN¥742.9B respectively. Tencent Holdings's EBIT is CN¥200.9B making its interest coverage ratio -49.8. It has cash and short-term investments of CN¥360.3B.
Key information
33.7%
Debt to equity ratio
CN¥330.06b
Debt
| Interest coverage ratio | -49.8x |
| Cash | CN¥360.32b |
| Equity | CN¥980.51b |
| Total liabilities | CN¥742.85b |
| Total assets | CN¥1.72t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 80700's short term assets (CN¥524.2B) exceed its short term liabilities (CN¥407.8B).
Long Term Liabilities: 80700's short term assets (CN¥524.2B) exceed its long term liabilities (CN¥335.1B).
Debt to Equity History and Analysis
Debt Level: 80700 has more cash than its total debt.
Reducing Debt: 80700's debt to equity ratio has reduced from 46.9% to 33.7% over the past 5 years.
Debt Coverage: 80700's debt is well covered by operating cash flow (78.3%).
Interest Coverage: 80700 earns more interest than it pays, so coverage of interest payments is not a concern.