Bengang Steel Plates Balance Sheet Health
Financial Health criteria checks 3/6
Bengang Steel Plates has a total shareholder equity of CN¥16.7B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 53.1%. Its total assets and total liabilities are CN¥46.1B and CN¥29.4B respectively.
Key information
53.1%
Debt to equity ratio
CN¥8.87b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.88b |
Equity | CN¥16.72b |
Total liabilities | CN¥29.35b |
Total assets | CN¥46.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000761's short term assets (CN¥13.7B) do not cover its short term liabilities (CN¥19.8B).
Long Term Liabilities: 000761's short term assets (CN¥13.7B) exceed its long term liabilities (CN¥9.6B).
Debt to Equity History and Analysis
Debt Level: 000761's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: 000761's debt to equity ratio has reduced from 96.7% to 53.1% over the past 5 years.
Debt Coverage: 000761's debt is well covered by operating cash flow (22.7%).
Interest Coverage: Insufficient data to determine if 000761's interest payments on its debt are well covered by EBIT.