MTR Balance Sheet Health
Financial Health criteria checks 4/6
MTR has a total shareholder equity of HK$179.0B and total debt of HK$70.7B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are HK$361.0B and HK$182.1B respectively. MTR's EBIT is HK$12.0B making its interest coverage ratio 12.4. It has cash and short-term investments of HK$24.8B.
Key information
39.5%
Debt to equity ratio
HK$70.72b
Debt
| Interest coverage ratio | 12.4x |
| Cash | HK$24.84b |
| Equity | HK$178.95b |
| Total liabilities | HK$182.06b |
| Total assets | HK$361.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 66's short term assets (HK$57.5B) exceed its short term liabilities (HK$28.7B).
Long Term Liabilities: 66's short term assets (HK$57.5B) do not cover its long term liabilities (HK$153.3B).
Debt to Equity History and Analysis
Debt Level: 66's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: 66's debt to equity ratio has increased from 20.7% to 39.5% over the past 5 years.
Debt Coverage: 66's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 66's interest payments on its debt are well covered by EBIT (12.4x coverage).