SmarTone Telecommunications Holdings Balance Sheet Health
Financial Health criteria checks 5/6
SmarTone Telecommunications Holdings has a total shareholder equity of HK$5.1B and total debt of HK$63.8M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are HK$10.7B and HK$5.6B respectively. SmarTone Telecommunications Holdings's EBIT is HK$672.7M making its interest coverage ratio -17. It has cash and short-term investments of HK$1.4B.
Key information
1.2%
Debt to equity ratio
HK$63.80m
Debt
| Interest coverage ratio | -17x |
| Cash | HK$1.41b |
| Equity | HK$5.13b |
| Total liabilities | HK$5.59b |
| Total assets | HK$10.72b |
Recent financial health updates
No updates
Recent updates
SmarTone Telecommunications Holdings' (HKG:315) Conservative Accounting Might Explain Soft Earnings
Apr 03
SmarTone Telecommunications Holdings (HKG:315) Is Increasing Its Dividend To HK$0.175
Oct 04SmarTone Telecommunications Holdings (HKG:315) Is Increasing Its Dividend To HK$0.175
Sep 20SmarTone Telecommunications Holdings (HKG:315) Is Increasing Its Dividend To HK$0.175
Sep 04SmarTone Telecommunications Holdings (HKG:315) Will Pay A Dividend Of HK$0.145
Feb 24SmarTone Telecommunications Holdings (HKG:315) Is Paying Out A Dividend Of HK$0.155
Sep 19SmarTone Telecommunications Holdings (HKG:315) Has Announced A Dividend Of HK$0.155
Sep 05SmarTone Telecommunications Holdings (HKG:315) Has Re-Affirmed Its Dividend Of HK$0.14
Feb 25SmarTone Telecommunications Holdings' (HKG:315) Dividend Will Be Increased To HK$0.15
Oct 16SmarTone Telecommunications Holdings (HKG:315) Will Pay A Larger Dividend Than Last Year At HK$0.15
Oct 02SmarTone Telecommunications Holdings (HKG:315) Has Announced That It Will Be Increasing Its Dividend To HK$0.15
Sep 18SmarTone Telecommunications Holdings' (HKG:315) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 04Some Investors May Be Worried About SmarTone Telecommunications Holdings' (HKG:315) Returns On Capital
May 03What Kind Of Shareholders Own SmarTone Telecommunications Holdings Limited (HKG:315)?
Mar 16SmarTone Telecommunications Holdings Limited (HKG:315) Stock Goes Ex-Dividend In Just Three Days
Feb 28Here's Why SmarTone Telecommunications Holdings' (HKG:315) Statutory Earnings Are Arguably Too Conservative
Feb 15
SmarTone Telecommunications Holdings' (HKG:315) Shareholders Are Down 65% On Their Shares
Jan 26Is SmarTone Telecommunications Holdings (HKG:315) Headed For Trouble?
Jan 11Is SmarTone Telecommunications Holdings Limited's (HKG:315) Recent Performancer Underpinned By Weak Financials?
Dec 27How Many SmarTone Telecommunications Holdings Limited (HKG:315) Shares Do Institutions Own?
Dec 13Should You Buy SmarTone Telecommunications Holdings Limited (HKG:315) For Its Dividend?
Nov 29Financial Position Analysis
Short Term Liabilities: 315's short term assets (HK$2.6B) exceed its short term liabilities (HK$2.6B).
Long Term Liabilities: 315's short term assets (HK$2.6B) do not cover its long term liabilities (HK$3.0B).
Debt to Equity History and Analysis
Debt Level: 315 has more cash than its total debt.
Reducing Debt: 315's debt to equity ratio has reduced from 47.9% to 1.2% over the past 5 years.
Debt Coverage: 315's debt is well covered by operating cash flow (2910.6%).
Interest Coverage: 315 earns more interest than it pays, so coverage of interest payments is not a concern.