Sansteel MinGuangLtd.Fujian Balance Sheet Health
Financial Health criteria checks 1/6
Sansteel MinGuangLtd.Fujian has a total shareholder equity of CN¥20.5B and total debt of CN¥16.5B, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are CN¥52.9B and CN¥32.4B respectively.
Key information
80.7%
Debt to equity ratio
CN¥16.55b
Debt
Interest coverage ratio | n/a |
Cash | CN¥7.97b |
Equity | CN¥20.51b |
Total liabilities | CN¥32.36b |
Total assets | CN¥52.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002110's short term assets (CN¥20.6B) do not cover its short term liabilities (CN¥28.4B).
Long Term Liabilities: 002110's short term assets (CN¥20.6B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 002110's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: 002110's debt to equity ratio has increased from 7.3% to 80.7% over the past 5 years.
Debt Coverage: 002110's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: Insufficient data to determine if 002110's interest payments on its debt are well covered by EBIT.