CITIC Telecom International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CITIC Telecom International Holdings has a total shareholder equity of HK$10.6B and total debt of HK$3.9B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are HK$17.1B and HK$6.5B respectively. CITIC Telecom International Holdings's EBIT is HK$1.3B making its interest coverage ratio 7.4. It has cash and short-term investments of HK$1.6B.
Key information
37.0%
Debt to equity ratio
HK$3.92b
Debt
| Interest coverage ratio | 7.4x |
| Cash | HK$1.56b |
| Equity | HK$10.60b |
| Total liabilities | HK$6.47b |
| Total assets | HK$17.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1883's short term assets (HK$3.3B) do not cover its short term liabilities (HK$6.1B).
Long Term Liabilities: 1883's short term assets (HK$3.3B) exceed its long term liabilities (HK$386.0M).
Debt to Equity History and Analysis
Debt Level: 1883's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 1883's debt to equity ratio has reduced from 72.6% to 37% over the past 5 years.
Debt Coverage: 1883's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 1883's interest payments on its debt are well covered by EBIT (7.4x coverage).