China Steel Balance Sheet Health
Financial Health criteria checks 3/6
China Steel has a total shareholder equity of NT$343.0B and total debt of NT$262.7B, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are NT$697.8B and NT$354.9B respectively. China Steel's EBIT is NT$3.4B making its interest coverage ratio -20.6. It has cash and short-term investments of NT$40.7B.
Key information
76.6%
Debt to equity ratio
NT$262.71b
Debt
| Interest coverage ratio | -20.6x |
| Cash | NT$40.65b |
| Equity | NT$342.96b |
| Total liabilities | NT$354.88b |
| Total assets | NT$697.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNS's short term assets (NT$193.0B) exceed its short term liabilities (NT$164.7B).
Long Term Liabilities: CNS's short term assets (NT$193.0B) exceed its long term liabilities (NT$190.2B).
Debt to Equity History and Analysis
Debt Level: CNS's net debt to equity ratio (64.7%) is considered high.
Reducing Debt: CNS's debt to equity ratio has increased from 73.9% to 76.6% over the past 5 years.
Debt Coverage: CNS's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: CNS earns more interest than it pays, so coverage of interest payments is not a concern.