Shandong Nanshan AluminiumLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Nanshan AluminiumLtd has a total shareholder equity of CN¥53.3B and total debt of CN¥6.8B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are CN¥68.4B and CN¥15.2B respectively. Shandong Nanshan AluminiumLtd's EBIT is CN¥3.6B making its interest coverage ratio -31.6. It has cash and short-term investments of CN¥26.4B.
Key information
12.7%
Debt to equity ratio
CN¥6.75b
Debt
| Interest coverage ratio | -31.6x |
| Cash | CN¥26.41b |
| Equity | CN¥53.27b |
| Total liabilities | CN¥15.17b |
| Total assets | CN¥68.43b |
Recent financial health updates
Recent updates
The Return Trends At Shandong Nanshan AluminiumLtd (SHSE:600219) Look Promising
May 21
We Think You Should Be Aware Of Some Concerning Factors In Shandong Nanshan AluminiumLtd's (SHSE:600219) Earnings
May 06Is Shandong Nanshan AluminiumLtd (SHSE:600219) Using Too Much Debt?
Apr 05A Look At The Intrinsic Value Of Shandong Nanshan Aluminium Co.,Ltd. (SHSE:600219)
Mar 21Financial Position Analysis
Short Term Liabilities: 600219's short term assets (CN¥39.9B) exceed its short term liabilities (CN¥14.6B).
Long Term Liabilities: 600219's short term assets (CN¥39.9B) exceed its long term liabilities (CN¥581.6M).
Debt to Equity History and Analysis
Debt Level: 600219 has more cash than its total debt.
Reducing Debt: 600219's debt to equity ratio has reduced from 20.5% to 12.7% over the past 5 years.
Debt Coverage: 600219's debt is well covered by operating cash flow (75.2%).
Interest Coverage: 600219 earns more interest than it pays, so coverage of interest payments is not a concern.