HKT Trust and HKT Balance Sheet Health
Financial Health criteria checks 2/6
HKT Trust and HKT has a total shareholder equity of HK$37.9B and total debt of HK$43.5B, which brings its debt-to-equity ratio to 114.9%. Its total assets and total liabilities are HK$118.5B and HK$80.6B respectively. HKT Trust and HKT's EBIT is HK$8.4B making its interest coverage ratio 4.5. It has cash and short-term investments of HK$1.9B.
Key information
114.89%
Debt to equity ratio
HK$43.52b
Debt
| Interest coverage ratio | 4.5x |
| Cash | HK$1.94b |
| Equity | HK$37.88b |
| Total liabilities | HK$80.62b |
| Total assets | HK$118.50b |
Recent financial health updates
HKT Trust and HKT (HKG:6823) Takes On Some Risk With Its Use Of Debt
Oct 22
Does HKT Trust and HKT (HKG:6823) Have A Healthy Balance Sheet?
Jun 25We Think HKT Trust and HKT (HKG:6823) Is Taking Some Risk With Its Debt
Mar 12Does HKT Trust and HKT (HKG:6823) Have A Healthy Balance Sheet?
Dec 10Recent updates
HKT Trust and HKT (HKG:6823) Takes On Some Risk With Its Use Of Debt
Oct 22Some Confidence Is Lacking In HKT Trust and HKT Limited's (HKG:6823) P/E
Oct 07Return Trends At HKT Trust and HKT (HKG:6823) Aren't Appealing
Sep 24HKT Trust and HKT Limited (HKG:6823) Shares Could Be 49% Below Their Intrinsic Value Estimate
Aug 28Does HKT Trust and HKT (HKG:6823) Have A Healthy Balance Sheet?
Jun 25Investors Met With Slowing Returns on Capital At HKT Trust and HKT (HKG:6823)
May 23We Think Some Shareholders May Hesitate To Increase HKT Trust and HKT Limited's (HKG:6823) CEO Compensation
May 08HKT Trust and HKT Limited's (HKG:6823) Business Is Yet to Catch Up With Its Share Price
May 06We Think HKT Trust and HKT (HKG:6823) Is Taking Some Risk With Its Debt
Mar 12
AI And 5G Investments Will Improve Productivity And Expand Market Reach
Strategic investments in AI and digital solutions boost productivity, reduce costs, and enhance revenue by expanding services and market reach.HKT Trust and HKT's (HKG:6823) Returns Have Hit A Wall
Dec 29Does HKT Trust and HKT (HKG:6823) Have A Healthy Balance Sheet?
Dec 10Financial Position Analysis
Short Term Liabilities: 6823's short term assets (HK$10.7B) do not cover its short term liabilities (HK$22.3B).
Long Term Liabilities: 6823's short term assets (HK$10.7B) do not cover its long term liabilities (HK$58.4B).
Debt to Equity History and Analysis
Debt Level: 6823's net debt to equity ratio (109.8%) is considered high.
Reducing Debt: 6823's debt to equity ratio has increased from 111.9% to 114.9% over the past 5 years.
Debt Coverage: 6823's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 6823's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/03 16:21 |
| End of Day Share Price | 2025/12/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
HKT Trust and HKT Limited is covered by 20 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anand Ramachandran | Barclays |
| Wai Kit Chu | BofA Global Research |
| Kai Qian | China International Capital Corporation Limited |