China Tower Balance Sheet Health
Financial Health criteria checks 5/6
China Tower has a total shareholder equity of CN¥193.6B and total debt of CN¥79.1B, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are CN¥305.6B and CN¥112.0B respectively. China Tower's EBIT is CN¥15.1B making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥6.3B.
Key information
40.9%
Debt to equity ratio
CN¥79.12b
Debt
Interest coverage ratio | 5.2x |
Cash | CN¥6.32b |
Equity | CN¥193.59b |
Total liabilities | CN¥111.97b |
Total assets | CN¥305.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 788 N's short term assets (CN¥49.7B) do not cover its short term liabilities (CN¥65.2B).
Long Term Liabilities: 788 N's short term assets (CN¥49.7B) exceed its long term liabilities (CN¥46.8B).
Debt to Equity History and Analysis
Debt Level: 788 N's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: 788 N's debt to equity ratio has reduced from 113.1% to 40.9% over the past 5 years.
Debt Coverage: 788 N's debt is well covered by operating cash flow (82.3%).
Interest Coverage: 788 N's interest payments on its debt are well covered by EBIT (5.2x coverage).