Inner Mongolia Baotou Steel Union Balance Sheet Health
Financial Health criteria checks 1/6
Inner Mongolia Baotou Steel Union has a total shareholder equity of CN¥61.5B and total debt of CN¥41.0B, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are CN¥151.8B and CN¥90.3B respectively. Inner Mongolia Baotou Steel Union's EBIT is CN¥2.3B making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥9.3B.
Key information
66.6%
Debt to equity ratio
CN¥40.96b
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥9.29b |
| Equity | CN¥61.46b |
| Total liabilities | CN¥90.31b |
| Total assets | CN¥151.78b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600010's short term assets (CN¥39.0B) do not cover its short term liabilities (CN¥70.2B).
Long Term Liabilities: 600010's short term assets (CN¥39.0B) exceed its long term liabilities (CN¥20.1B).
Debt to Equity History and Analysis
Debt Level: 600010's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: 600010's debt to equity ratio has increased from 58.8% to 66.6% over the past 5 years.
Debt Coverage: 600010's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600010's interest payments on its debt are not well covered by EBIT (1.3x coverage).