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
Recent updates
Financial 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).