Anyang Iron and Steel Balance Sheet Health
Financial Health criteria checks 4/6
Anyang Iron and Steel has a total shareholder equity of CN¥6.9B and total debt of CN¥9.7B, which brings its debt-to-equity ratio to 141.7%. Its total assets and total liabilities are CN¥42.9B and CN¥36.0B respectively.
Key information
141.7%
Debt to equity ratio
CN¥9.74b
Debt
Interest coverage ratio | n/a |
Cash | CN¥7.54b |
Equity | CN¥6.87b |
Total liabilities | CN¥35.98b |
Total assets | CN¥42.86b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600569's short term assets (CN¥18.7B) do not cover its short term liabilities (CN¥31.7B).
Long Term Liabilities: 600569's short term assets (CN¥18.7B) exceed its long term liabilities (CN¥4.2B).
Debt to Equity History and Analysis
Debt Level: 600569's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: 600569's debt to equity ratio has increased from 68.3% to 141.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 600569 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600569 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 38.9% each year