Tencent Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tencent Holdings has a total shareholder equity of CN¥873.7B and total debt of CN¥348.6B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are CN¥1,577.2B and CN¥703.6B respectively. Tencent Holdings's EBIT is CN¥162.9B making its interest coverage ratio -84.7. It has cash and short-term investments of CN¥379.2B.
Key information
39.9%
Debt to equity ratio
CN¥348.62b
Debt
Interest coverage ratio | -84.7x |
Cash | CN¥379.16b |
Equity | CN¥873.68b |
Total liabilities | CN¥703.57b |
Total assets | CN¥1.58t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 700's short term assets (CN¥518.4B) exceed its short term liabilities (CN¥352.2B).
Long Term Liabilities: 700's short term assets (CN¥518.4B) exceed its long term liabilities (CN¥351.4B).
Debt to Equity History and Analysis
Debt Level: 700 has more cash than its total debt.
Reducing Debt: 700's debt to equity ratio has reduced from 50.3% to 39.9% over the past 5 years.
Debt Coverage: 700's debt is well covered by operating cash flow (63.7%).
Interest Coverage: 700 earns more interest than it pays, so coverage of interest payments is not a concern.