Xinyu Iron & Steel Balance Sheet Health
Financial Health criteria checks 3/6
Xinyu Iron & Steel has a total shareholder equity of CN¥26.8B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are CN¥52.4B and CN¥25.6B respectively.
Key information
21.0%
Debt to equity ratio
CN¥5.62b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥7.68b |
| Equity | CN¥26.76b |
| Total liabilities | CN¥25.61b |
| Total assets | CN¥52.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600782's short term assets (CN¥21.1B) do not cover its short term liabilities (CN¥22.5B).
Long Term Liabilities: 600782's short term assets (CN¥21.1B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 600782 has more cash than its total debt.
Reducing Debt: 600782's debt to equity ratio has reduced from 24.5% to 21% over the past 5 years.
Debt Coverage: 600782's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: Insufficient data to determine if 600782's interest payments on its debt are well covered by EBIT.