China Telecom Balance Sheet Health
Financial Health criteria checks 5/6
China Telecom has a total shareholder equity of CN¥455.6B and total debt of CN¥22.5B, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥848.8B and CN¥393.2B respectively. China Telecom's EBIT is CN¥37.9B making its interest coverage ratio -16.5. It has cash and short-term investments of CN¥87.9B.
Key information
4.9%
Debt to equity ratio
CN¥22.46b
Debt
Interest coverage ratio | -16.5x |
Cash | CN¥87.93b |
Equity | CN¥455.65b |
Total liabilities | CN¥393.16b |
Total assets | CN¥848.81b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 728's short term assets (CN¥184.9B) do not cover its short term liabilities (CN¥308.2B).
Long Term Liabilities: 728's short term assets (CN¥184.9B) exceed its long term liabilities (CN¥84.9B).
Debt to Equity History and Analysis
Debt Level: 728 has more cash than its total debt.
Reducing Debt: 728's debt to equity ratio has reduced from 27.8% to 4.9% over the past 5 years.
Debt Coverage: 728's debt is well covered by operating cash flow (581.3%).
Interest Coverage: 728 earns more interest than it pays, so coverage of interest payments is not a concern.