Sansteel MinGuangLtd.Fujian Balance Sheet Health
Financial Health criteria checks 1/6
Sansteel MinGuangLtd.Fujian has a total shareholder equity of CN¥19.3B and total debt of CN¥17.9B, which brings its debt-to-equity ratio to 92.7%. Its total assets and total liabilities are CN¥52.8B and CN¥33.5B respectively.
Key information
92.7%
Debt to equity ratio
CN¥17.85b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.64b |
| Equity | CN¥19.26b |
| Total liabilities | CN¥33.49b |
| Total assets | CN¥52.75b |
Recent financial health updates
Is Sansteel MinGuangLtd.Fujian (SZSE:002110) Weighed On By Its Debt Load?
Oct 28
Is Sansteel MinGuangLtd.Fujian (SZSE:002110) Using Debt Sensibly?
May 23Recent updates
Is Sansteel MinGuangLtd.Fujian (SZSE:002110) Weighed On By Its Debt Load?
Oct 28Sansteel MinGuang Co.,Ltd.,Fujian's (SZSE:002110) Prospects Need A Boost To Lift Shares
Jul 25Is Sansteel MinGuangLtd.Fujian (SZSE:002110) Using Debt Sensibly?
May 23The Returns On Capital At Sansteel MinGuangLtd.Fujian (SZSE:002110) Don't Inspire Confidence
Mar 04Financial Position Analysis
Short Term Liabilities: 002110's short term assets (CN¥18.8B) do not cover its short term liabilities (CN¥29.5B).
Long Term Liabilities: 002110's short term assets (CN¥18.8B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 002110's net debt to equity ratio (47.8%) is considered high.
Reducing Debt: 002110's debt to equity ratio has increased from 7.5% to 92.7% over the past 5 years.
Debt Coverage: 002110's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002110's interest payments on its debt are well covered by EBIT.