Maanshan Iron & Steel Balance Sheet Health
Financial Health criteria checks 1/6
Maanshan Iron & Steel has a total shareholder equity of CN¥29.5B and total debt of CN¥21.5B, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are CN¥81.4B and CN¥51.9B respectively.
Key information
72.8%
Debt to equity ratio
CN¥21.48b
Debt
Interest coverage ratio | n/a |
Cash | CN¥6.91b |
Equity | CN¥29.51b |
Total liabilities | CN¥51.88b |
Total assets | CN¥81.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600808's short term assets (CN¥20.7B) do not cover its short term liabilities (CN¥43.1B).
Long Term Liabilities: 600808's short term assets (CN¥20.7B) exceed its long term liabilities (CN¥8.8B).
Debt to Equity History and Analysis
Debt Level: 600808's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: 600808's debt to equity ratio has increased from 57.3% to 72.8% over the past 5 years.
Debt Coverage: 600808's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: Insufficient data to determine if 600808's interest payments on its debt are well covered by EBIT.