Anyang Iron and SteelLtd Balance Sheet Health
Financial Health criteria checks 3/6
Anyang Iron and SteelLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥10.9B, which brings its debt-to-equity ratio to 199.3%. Its total assets and total liabilities are CN¥43.0B and CN¥37.6B respectively.
Key information
199.3%
Debt to equity ratio
CN¥10.86b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.76b |
| Equity | CN¥5.45b |
| Total liabilities | CN¥37.56b |
| Total assets | CN¥43.01b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600569's short term assets (CN¥16.7B) do not cover its short term liabilities (CN¥32.1B).
Long Term Liabilities: 600569's short term assets (CN¥16.7B) exceed its long term liabilities (CN¥5.5B).
Debt to Equity History and Analysis
Debt Level: 600569's net debt to equity ratio (93.6%) is considered high.
Reducing Debt: 600569's debt to equity ratio has increased from 45.8% to 199.3% 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 2.2 years if free cash flow continues to reduce at historical rates of 46% each year.