Hunan Valin Steel Balance Sheet Health
Financial Health criteria checks 6/6
Hunan Valin Steel has a total shareholder equity of CN¥65.0B and total debt of CN¥23.7B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are CN¥139.2B and CN¥74.2B respectively. Hunan Valin Steel's EBIT is CN¥6.0B making its interest coverage ratio -94.2. It has cash and short-term investments of CN¥7.6B.
Key information
36.5%
Debt to equity ratio
CN¥23.73b
Debt
| Interest coverage ratio | -94.2x |
| Cash | CN¥7.64b |
| Equity | CN¥65.03b |
| Total liabilities | CN¥74.20b |
| Total assets | CN¥139.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000932's short term assets (CN¥72.4B) exceed its short term liabilities (CN¥55.3B).
Long Term Liabilities: 000932's short term assets (CN¥72.4B) exceed its long term liabilities (CN¥18.9B).
Debt to Equity History and Analysis
Debt Level: 000932's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 000932's debt to equity ratio has reduced from 90.5% to 36.5% over the past 5 years.
Debt Coverage: 000932's debt is well covered by operating cash flow (37.4%).
Interest Coverage: 000932 earns more interest than it pays, so coverage of interest payments is not a concern.