Xinyu Iron & Steel Balance Sheet Health
Financial Health criteria checks 2/6
Xinyu Iron & Steel has a total shareholder equity of CN¥26.3B and total debt of CN¥5.2B, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are CN¥51.6B and CN¥25.3B respectively.
Key information
19.7%
Debt to equity ratio
CN¥5.17b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.74b |
| Equity | CN¥26.26b |
| Total liabilities | CN¥25.32b |
| Total assets | CN¥51.57b |
Recent financial health updates
Xinyu Iron & Steel (SHSE:600782) Has Debt But No Earnings; Should You Worry?
Nov 28
Is Xinyu Iron & Steel (SHSE:600782) Using Debt Sensibly?
Jun 03Is Xinyu Iron & Steel (SHSE:600782) Using Too Much Debt?
Feb 29Recent updates
Xinyu Iron & Steel (SHSE:600782) Has Debt But No Earnings; Should You Worry?
Nov 28The Market Lifts Xinyu Iron & Steel Co., Ltd (SHSE:600782) Shares 32% But It Can Do More
Oct 13Market Participants Recognise Xinyu Iron & Steel Co., Ltd's (SHSE:600782) Earnings
Aug 20Xinyu Iron & Steel (SHSE:600782) Has Announced That It Will Be Increasing Its Dividend To CN¥0.15
Jun 30Is Xinyu Iron & Steel (SHSE:600782) Using Debt Sensibly?
Jun 03Earnings Troubles May Signal Larger Issues for Xinyu Iron & Steel (SHSE:600782) Shareholders
Apr 29Is Xinyu Iron & Steel (SHSE:600782) Using Too Much Debt?
Feb 29Financial Position Analysis
Short Term Liabilities: 600782's short term assets (CN¥21.4B) do not cover its short term liabilities (CN¥22.3B).
Long Term Liabilities: 600782's short term assets (CN¥21.4B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 600782's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: 600782's debt to equity ratio has increased from 15.7% to 19.7% over the past 5 years.
Debt Coverage: 600782's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: Insufficient data to determine if 600782's interest payments on its debt are well covered by EBIT.