Anhui Honglu Steel Construction(Group) Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Honglu Steel Construction(Group) has a total shareholder equity of CN¥9.3B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 93.2%. Its total assets and total liabilities are CN¥24.5B and CN¥15.3B respectively. Anhui Honglu Steel Construction(Group)'s EBIT is CN¥961.8M making its interest coverage ratio 3.3. It has cash and short-term investments of CN¥1.7B.
Key information
93.2%
Debt to equity ratio
CN¥8.64b
Debt
| Interest coverage ratio | 3.3x |
| Cash | CN¥1.69b |
| Equity | CN¥9.27b |
| Total liabilities | CN¥15.27b |
| Total assets | CN¥24.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002541's short term assets (CN¥14.9B) exceed its short term liabilities (CN¥8.7B).
Long Term Liabilities: 002541's short term assets (CN¥14.9B) exceed its long term liabilities (CN¥6.6B).
Debt to Equity History and Analysis
Debt Level: 002541's net debt to equity ratio (75%) is considered high.
Reducing Debt: 002541's debt to equity ratio has increased from 47.3% to 93.2% over the past 5 years.
Debt Coverage: 002541's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: 002541's interest payments on its debt are well covered by EBIT (3.3x coverage).