Fushun Special SteelLTD Balance Sheet Health
Financial Health criteria checks 5/6
Fushun Special SteelLTD has a total shareholder equity of CN¥6.6B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are CN¥13.3B and CN¥6.7B respectively. Fushun Special SteelLTD's EBIT is CN¥429.4M making its interest coverage ratio 13.8. It has cash and short-term investments of CN¥1.6B.
Key information
50.0%
Debt to equity ratio
CN¥3.31b
Debt
| Interest coverage ratio | 13.8x |
| Cash | CN¥1.65b |
| Equity | CN¥6.62b |
| Total liabilities | CN¥6.70b |
| Total assets | CN¥13.32b |
Recent financial health updates
Is Fushun Special SteelLTD (SHSE:600399) A Risky Investment?
Oct 14
Does Fushun Special SteelLTD (SHSE:600399) Have A Healthy Balance Sheet?
Jun 13These 4 Measures Indicate That Fushun Special SteelLTD (SHSE:600399) Is Using Debt Extensively
Feb 26Recent updates
Is Fushun Special SteelLTD (SHSE:600399) A Risky Investment?
Oct 14Investors Continue Waiting On Sidelines For Fushun Special Steel Co.,LTD. (SHSE:600399)
Sep 26The Return Trends At Fushun Special SteelLTD (SHSE:600399) Look Promising
Aug 08Does Fushun Special SteelLTD (SHSE:600399) Have A Healthy Balance Sheet?
Jun 13Investors Aren't Entirely Convinced By Fushun Special Steel Co.,LTD.'s (SHSE:600399) Earnings
May 23Fushun Special SteelLTD's (SHSE:600399) Solid Earnings Are Supported By Other Strong Factors
Apr 05We Like These Underlying Return On Capital Trends At Fushun Special SteelLTD (SHSE:600399)
Mar 15These 4 Measures Indicate That Fushun Special SteelLTD (SHSE:600399) Is Using Debt Extensively
Feb 26Financial Position Analysis
Short Term Liabilities: 600399's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 600399's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 600399's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 600399's debt to equity ratio has reduced from 55.4% to 50% over the past 5 years.
Debt Coverage: 600399's debt is not well covered by operating cash flow (1%).
Interest Coverage: 600399's interest payments on its debt are well covered by EBIT (13.8x coverage).