Sinosteel Luonai Materials Technology Balance Sheet Health
Financial Health criteria checks 3/6
Sinosteel Luonai Materials Technology has a total shareholder equity of CN¥3.1B and total debt of CN¥500.0M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥5.3B and CN¥2.2B respectively.
Key information
16.1%
Debt to equity ratio
CN¥500.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.53b |
| Equity | CN¥3.10b |
| Total liabilities | CN¥2.15b |
| Total assets | CN¥5.25b |
Recent financial health updates
No updates
Recent updates
Sinosteel Luonai Materials Technology Co., Ltd.'s (SHSE:688119) Share Price Could Signal Some Risk
Sep 30
Sinosteel Luonai Materials Technology's (SHSE:688119) Returns On Capital Not Reflecting Well On The Business
Jun 07We Think You Can Look Beyond Sinosteel Luonai Materials Technology's (SHSE:688119) Lackluster Earnings
May 02Financial Position Analysis
Short Term Liabilities: 688119's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688119's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥713.2M).
Debt to Equity History and Analysis
Debt Level: 688119 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688119's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688119's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688119's interest payments on its debt are well covered by EBIT.