Inner Mongolia Baotou Steel Union Balance Sheet Health
Financial Health criteria checks 1/6
Inner Mongolia Baotou Steel Union has a total shareholder equity of CN¥61.5B and total debt of CN¥50.4B, which brings its debt-to-equity ratio to 82%. Its total assets and total liabilities are CN¥152.7B and CN¥91.2B respectively. Inner Mongolia Baotou Steel Union's EBIT is CN¥2.1B making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥8.2B.
Key information
82.0%
Debt to equity ratio
CN¥50.45b
Debt
Interest coverage ratio | 1.2x |
Cash | CN¥8.16b |
Equity | CN¥61.52b |
Total liabilities | CN¥91.22b |
Total assets | CN¥152.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600010's short term assets (CN¥39.6B) do not cover its short term liabilities (CN¥66.4B).
Long Term Liabilities: 600010's short term assets (CN¥39.6B) exceed its long term liabilities (CN¥24.9B).
Debt to Equity History and Analysis
Debt Level: 600010's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: 600010's debt to equity ratio has increased from 59.3% to 82% over the past 5 years.
Debt Coverage: 600010's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600010's interest payments on its debt are not well covered by EBIT (1.2x coverage).