China Tobacco International (HK) Balance Sheet Health
Financial Health criteria checks 3/6
China Tobacco International (HK) has a total shareholder equity of HK$3.1B and total debt of HK$2.9B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are HK$9.7B and HK$6.5B respectively. China Tobacco International (HK)'s EBIT is HK$1.2B making its interest coverage ratio 12.1. It has cash and short-term investments of HK$711.6M.
Key information
91.1%
Debt to equity ratio
HK$2.86b
Debt
| Interest coverage ratio | 12.1x |
| Cash | HK$711.57m |
| Equity | HK$3.14b |
| Total liabilities | HK$6.52b |
| Total assets | HK$9.67b |
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
Is Now The Time To Put China Tobacco International (HK) (HKG:6055) On Your Watchlist?
Jul 03China Tobacco International (HK) (HKG:6055) Might Be Having Difficulty Using Its Capital Effectively
Jun 12China Tobacco International (HK) Company Limited (HKG:6055) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
May 21Capital 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$9.2B) exceed its short term liabilities (HK$6.5B).
Long Term Liabilities: 6055's short term assets (HK$9.2B) exceed its long term liabilities (HK$49.7M).
Debt to Equity History and Analysis
Debt Level: 6055's net debt to equity ratio (68.4%) is considered high.
Reducing Debt: 6055's debt to equity ratio has increased from 0% to 91.1% over the past 5 years.
Debt Coverage: 6055's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 6055's interest payments on its debt are well covered by EBIT (12.1x coverage).