CITIC Telecom International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CITIC Telecom International Holdings has a total shareholder equity of HK$10.9B and total debt of HK$3.9B, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are HK$17.4B and HK$6.5B respectively. CITIC Telecom International Holdings's EBIT is HK$1.7B making its interest coverage ratio 8.8. It has cash and short-term investments of HK$1.7B.
Key information
36.2%
Debt to equity ratio
HK$3.93b
Debt
| Interest coverage ratio | 8.8x |
| Cash | HK$1.72b |
| Equity | HK$10.86b |
| Total liabilities | HK$6.50b |
| Total assets | HK$17.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCTT.F's short term assets (HK$3.4B) exceed its short term liabilities (HK$2.5B).
Long Term Liabilities: CCTT.F's short term assets (HK$3.4B) do not cover its long term liabilities (HK$4.0B).
Debt to Equity History and Analysis
Debt Level: CCTT.F's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: CCTT.F's debt to equity ratio has reduced from 77.1% to 36.2% over the past 5 years.
Debt Coverage: CCTT.F's debt is well covered by operating cash flow (47.8%).
Interest Coverage: CCTT.F's interest payments on its debt are well covered by EBIT (8.8x coverage).