Anyang Iron and SteelLtd Balance Sheet Health
Financial Health criteria checks 4/6
Anyang Iron and SteelLtd has a total shareholder equity of CN¥6.9B and total debt of CN¥8.2B, which brings its debt-to-equity ratio to 119.6%. Its total assets and total liabilities are CN¥42.9B and CN¥36.0B respectively.
Key information
119.6%
Debt to equity ratio
CN¥8.22b
Debt
Interest coverage ratio | n/a |
Cash | CN¥7.54b |
Equity | CN¥6.87b |
Total liabilities | CN¥35.98b |
Total assets | CN¥42.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600569's short term assets (CN¥18.7B) do not cover its short term liabilities (CN¥31.7B).
Long Term Liabilities: 600569's short term assets (CN¥18.7B) exceed its long term liabilities (CN¥4.2B).
Debt to Equity History and Analysis
Debt Level: 600569's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 600569's debt to equity ratio has increased from 68.3% to 119.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 600569 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600569 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 41.1% each year