China Tobacco International (HK) Balance Sheet Health
Financial Health criteria checks 4/6
China Tobacco International (HK) has a total shareholder equity of HK$2.7B and total debt of HK$2.5B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are HK$6.7B and HK$4.0B respectively. China Tobacco International (HK)'s EBIT is HK$935.3M making its interest coverage ratio 16.8. It has cash and short-term investments of HK$570.8M.
Key information
92.0%
Debt to equity ratio
HK$2.48b
Debt
| Interest coverage ratio | 16.8x |
| Cash | HK$570.81m |
| Equity | HK$2.70b |
| Total liabilities | HK$4.05b |
| Total assets | HK$6.74b |
Recent financial health updates
Does China Tobacco International (HK) (HKG:6055) Have A Healthy Balance Sheet?
Oct 19
These 4 Measures Indicate That China Tobacco International (HK) (HKG:6055) Is Using Debt Reasonably Well
Sep 28Recent updates
Capital Investments At China Tobacco International (HK) (HKG:6055) Point To A Promising Future
Jan 29Does China Tobacco International (HK) (HKG:6055) Have A Healthy Balance Sheet?
Oct 19Investors Shouldn't Overlook China Tobacco International (HK)'s (HKG:6055) Impressive Returns On Capital
Jun 08Investors Shouldn't Overlook China Tobacco International (HK)'s (HKG:6055) Impressive Returns On Capital
Mar 07China Tobacco International (HK) (HKG:6055) Could Become A Multi-Bagger
Nov 17These 4 Measures Indicate That China Tobacco International (HK) (HKG:6055) Is Using Debt Reasonably Well
Sep 28Statutory Earnings May Not Be The Best Way To Understand China Tobacco International (HK)'s (HKG:6055) True Position
May 04Capital Allocation Trends At China Tobacco International (HK) (HKG:6055) Aren't Ideal
Apr 12China Tobacco International (HK) (HKG:6055) Will Be Hoping To Turn Its Returns On Capital Around
Nov 18Returns On Capital At China Tobacco International (HK) (HKG:6055) Paint A Concerning Picture
Jul 27Here's What To Make Of China Tobacco International (HK)'s (HKG:6055) Returns On Capital
Mar 17Reflecting on China Tobacco International (HK)'s (HKG:6055) Share Price Returns Over The Last Year
Feb 10Here's How We Evaluate China Tobacco International (HK) Company Limited's (HKG:6055) Dividend
Jan 11
Are China Tobacco International (HK) Company Limited's (HKG:6055) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Dec 16Financial Position Analysis
Short Term Liabilities: 6055's short term assets (HK$6.2B) exceed its short term liabilities (HK$4.0B).
Long Term Liabilities: 6055's short term assets (HK$6.2B) exceed its long term liabilities (HK$47.5M).
Debt to Equity History and Analysis
Debt Level: 6055's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: 6055's debt to equity ratio has increased from 0% to 92% over the past 5 years.
Debt Coverage: 6055's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 6055's interest payments on its debt are well covered by EBIT (16.8x coverage).