HKT Trust and HKT Balance Sheet Health
Financial Health criteria checks 2/6
HKT Trust and HKT has a total shareholder equity of HK$33.9B and total debt of HK$46.9B, which brings its debt-to-equity ratio to 138.1%. Its total assets and total liabilities are HK$113.7B and HK$79.8B respectively. HKT Trust and HKT's EBIT is HK$7.9B making its interest coverage ratio 3.8. It has cash and short-term investments of HK$1.7B.
Key information
138.1%
Debt to equity ratio
HK$46.86b
Debt
| Interest coverage ratio | 3.8x |
| Cash | HK$1.67b |
| Equity | HK$33.94b |
| Total liabilities | HK$79.78b |
| Total assets | HK$113.72b |
Recent financial health updates
Does HKT Trust and HKT (HKG:6823) Have A Healthy Balance Sheet?
Dec 10
Here's Why HKT Trust and HKT (HKG:6823) Has A Meaningful Debt Burden
Sep 04Is HKT Trust and HKT (HKG:6823) Using Too Much Debt?
Apr 22Recent updates
Does HKT Trust and HKT (HKG:6823) Have A Healthy Balance Sheet?
Dec 10There's Reason For Concern Over HKT Trust and HKT Limited's (HKG:6823) Price
Nov 19Investors Met With Slowing Returns on Capital At HKT Trust and HKT (HKG:6823)
Sep 25Here's Why HKT Trust and HKT (HKG:6823) Has A Meaningful Debt Burden
Sep 04Unpleasant Surprises Could Be In Store For HKT Trust and HKT Limited's (HKG:6823) Shares
Aug 16The Returns At HKT Trust and HKT (HKG:6823) Aren't Growing
Jun 10HKT Trust and HKT Limited's (HKG:6823) CEO Compensation Is Looking A Bit Stretched At The Moment
May 23Is HKT Trust and HKT (HKG:6823) Using Too Much Debt?
Apr 22Return Trends At HKT Trust and HKT (HKG:6823) Aren't Appealing
Feb 05Financial Position Analysis
Short Term Liabilities: 6823's short term assets (HK$9.8B) do not cover its short term liabilities (HK$24.1B).
Long Term Liabilities: 6823's short term assets (HK$9.8B) do not cover its long term liabilities (HK$55.7B).
Debt to Equity History and Analysis
Debt Level: 6823's net debt to equity ratio (133.1%) is considered high.
Reducing Debt: 6823's debt to equity ratio has increased from 108.6% to 138.1% over the past 5 years.
Debt Coverage: 6823's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 6823's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 18:26 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
Analyst Sources
HKT Trust and HKT Limited is covered by 23 analysts. 3 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 |
| Lijun Zhao | BNP Paribas Securities (Asia) |
| Alen Lin | BNP Paribas Securities (Asia) |