China Tower Balance Sheet Health
Financial Health criteria checks 6/6
China Tower has a total shareholder equity of CN¥197.7B and total debt of CN¥73.1B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are CN¥326.0B and CN¥128.3B respectively. China Tower's EBIT is CN¥14.9B making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥5.2B.
Key information
37.0%
Debt to equity ratio
CN¥73.12b
Debt
Interest coverage ratio | 5.4x |
Cash | CN¥5.18b |
Equity | CN¥197.69b |
Total liabilities | CN¥128.31b |
Total assets | CN¥326.01b |
Recent financial health updates
China Tower (HKG:788) Seems To Use Debt Quite Sensibly
Nov 06These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well
Aug 04China Tower (HKG:788) Seems To Use Debt Quite Sensibly
Mar 19China Tower (HKG:788) Has A Pretty Healthy Balance Sheet
Dec 14We Think China Tower (HKG:788) Can Stay On Top Of Its Debt
Sep 03Is China Tower (HKG:788) Using Too Much Debt?
Jun 05Recent updates
Capital Allocation Trends At China Tower (HKG:788) Aren't Ideal
Mar 11China Tower Corporation Limited (HKG:788) Not Flying Under The Radar
Dec 21Investors Could Be Concerned With China Tower's (HKG:788) Returns On Capital
Nov 29China Tower (HKG:788) Seems To Use Debt Quite Sensibly
Nov 06Returns On Capital At China Tower (HKG:788) Have Hit The Brakes
Aug 25These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well
Aug 04Here's What To Make Of China Tower's (HKG:788) Decelerating Rates Of Return
May 15China Tower (HKG:788) Seems To Use Debt Quite Sensibly
Mar 19Returns On Capital Are Showing Encouraging Signs At China Tower (HKG:788)
Jan 24China Tower (HKG:788) Has A Pretty Healthy Balance Sheet
Dec 14China Tower (HKG:788) Is Doing The Right Things To Multiply Its Share Price
Oct 09We Think China Tower (HKG:788) Can Stay On Top Of Its Debt
Sep 03The Return Trends At China Tower (HKG:788) Look Promising
Jun 27Is China Tower (HKG:788) Using Too Much Debt?
Jun 05China Tower's (HKG:788) Returns On Capital Are Heading Higher
Mar 28These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well
Mar 07China Tower's (HKG:788) Returns On Capital Are Heading Higher
Dec 18Is China Tower (HKG:788) Using Too Much Debt?
Nov 22There's Been No Shortage Of Growth Recently For China Tower's (HKG:788) Returns On Capital
Sep 08Is China Tower (HKG:788) A Risky Investment?
Aug 17China Tower (HKG:788) Might Have The Makings Of A Multi-Bagger
Jun 07Is China Tower (HKG:788) Using Too Much Debt?
Apr 05China Tower Corporation Limited's (HKG:788) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 16Does China Tower (HKG:788) Have The Makings Of A Multi-Bagger?
Feb 26What Type Of Shareholders Make Up China Tower Corporation Limited's (HKG:788) Share Registry?
Feb 08China Tower's (HKG:788) Shareholders Are Down 30% On Their Shares
Jan 21China Tower (HKG:788) Has A Pretty Healthy Balance Sheet
Jan 04Are China Tower Corporation Limited's (HKG:788) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Dec 15Will China Tower's (HKG:788) Growth In ROCE Persist?
Nov 24Financial Position Analysis
Short Term Liabilities: 788's short term assets (CN¥78.1B) exceed its short term liabilities (CN¥63.9B).
Long Term Liabilities: 788's short term assets (CN¥78.1B) exceed its long term liabilities (CN¥64.4B).
Debt to Equity History and Analysis
Debt Level: 788's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: 788's debt to equity ratio has reduced from 54.9% to 37% over the past 5 years.
Debt Coverage: 788's debt is well covered by operating cash flow (62.1%).
Interest Coverage: 788's interest payments on its debt are well covered by EBIT (5.4x coverage).