MTR Balance Sheet Health
Financial Health criteria checks 3/6
MTR has a total shareholder equity of HK$178.9B and total debt of HK$59.2B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are HK$346.4B and HK$167.6B respectively. MTR's EBIT is HK$9.2B making its interest coverage ratio 8.6. It has cash and short-term investments of HK$15.8B.
Key information
33.1%
Debt to equity ratio
HK$59.22b
Debt
Interest coverage ratio | 8.6x |
Cash | HK$15.77b |
Equity | HK$178.86b |
Total liabilities | HK$167.57b |
Total assets | HK$346.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTRJ.F's short term assets (HK$44.4B) exceed its short term liabilities (HK$24.6B).
Long Term Liabilities: MTRJ.F's short term assets (HK$44.4B) do not cover its long term liabilities (HK$143.0B).
Debt to Equity History and Analysis
Debt Level: MTRJ.F's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: MTRJ.F's debt to equity ratio has increased from 22.1% to 33.1% over the past 5 years.
Debt Coverage: MTRJ.F's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: MTRJ.F's interest payments on its debt are well covered by EBIT (8.6x coverage).