Maanshan Iron & Steel Balance Sheet Health
Financial Health criteria checks 1/6
Maanshan Iron & Steel has a total shareholder equity of CN¥32.3B and total debt of CN¥20.4B, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are CN¥84.6B and CN¥52.3B respectively.
Key information
63.3%
Debt to equity ratio
CN¥20.44b
Debt
Interest coverage ratio | n/a |
Cash | CN¥5.57b |
Equity | CN¥32.28b |
Total liabilities | CN¥52.27b |
Total assets | CN¥84.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600808's short term assets (CN¥22.0B) do not cover its short term liabilities (CN¥44.1B).
Long Term Liabilities: 600808's short term assets (CN¥22.0B) exceed its long term liabilities (CN¥8.2B).
Debt to Equity History and Analysis
Debt Level: 600808's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: 600808's debt to equity ratio has increased from 59.5% to 63.3% over the past 5 years.
Debt Coverage: 600808's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: Insufficient data to determine if 600808's interest payments on its debt are well covered by EBIT.