Hang Zhou Iron & SteelLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hang Zhou Iron & SteelLtd has a total shareholder equity of CN¥20.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥32.1B and CN¥11.9B respectively.
Key information
5.8%
Debt to equity ratio
CN¥1.17b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.32b |
| Equity | CN¥20.17b |
| Total liabilities | CN¥11.89b |
| Total assets | CN¥32.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600126's short term assets (CN¥16.9B) exceed its short term liabilities (CN¥11.6B).
Long Term Liabilities: 600126's short term assets (CN¥16.9B) exceed its long term liabilities (CN¥295.0M).
Debt to Equity History and Analysis
Debt Level: 600126 has more cash than its total debt.
Reducing Debt: 600126's debt to equity ratio has increased from 3.5% to 5.8% over the past 5 years.
Debt Coverage: 600126's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600126's interest payments on its debt are well covered by EBIT.