Xining Special Steel.Co.Ltd Balance Sheet Health
Financial Health criteria checks 2/6
Xining Special Steel.Co.Ltd has a total shareholder equity of CN¥7.4B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are CN¥13.4B and CN¥5.9B respectively.
Key information
42.1%
Debt to equity ratio
CN¥3.13b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥160.35m |
| Equity | CN¥7.44b |
| Total liabilities | CN¥5.93b |
| Total assets | CN¥13.37b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600117's short term assets (CN¥2.7B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 600117's short term assets (CN¥2.7B) do not cover its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 600117's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: 600117's debt to equity ratio has reduced from 867.1% to 42.1% over the past 5 years.
Debt Coverage: 600117's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600117's interest payments on its debt are well covered by EBIT.