Liuzhou Iron&Steel Balance Sheet Health
Financial Health criteria checks 0/6
Liuzhou Iron&Steel has a total shareholder equity of CN¥21.3B and total debt of CN¥31.7B, which brings its debt-to-equity ratio to 148.9%. Its total assets and total liabilities are CN¥67.2B and CN¥45.9B respectively.
Key information
148.9%
Debt to equity ratio
CN¥31.73b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.08b |
| Equity | CN¥21.31b |
| Total liabilities | CN¥45.92b |
| Total assets | CN¥67.23b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 601003's short term assets (CN¥18.5B) do not cover its short term liabilities (CN¥24.9B).
Long Term Liabilities: 601003's short term assets (CN¥18.5B) do not cover its long term liabilities (CN¥21.0B).
Debt to Equity History and Analysis
Debt Level: 601003's net debt to equity ratio (134.5%) is considered high.
Reducing Debt: 601003's debt to equity ratio has increased from 53.9% to 148.9% over the past 5 years.
Debt Coverage: 601003's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601003's interest payments on its debt are well covered by EBIT.