Shougang Century Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Shougang Century Holdings has a total shareholder equity of HK$1.7B and total debt of HK$487.5M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are HK$3.3B and HK$1.6B respectively. Shougang Century Holdings's EBIT is HK$84.9M making its interest coverage ratio 4.2. It has cash and short-term investments of HK$77.6M.
Key information
28.9%
Debt to equity ratio
HK$487.54m
Debt
Interest coverage ratio | 4.2x |
Cash | HK$77.64m |
Equity | HK$1.69b |
Total liabilities | HK$1.62b |
Total assets | HK$3.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CW7's short term assets (HK$1.9B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: CW7's short term assets (HK$1.9B) exceed its long term liabilities (HK$27.9M).
Debt to Equity History and Analysis
Debt Level: CW7's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: CW7's debt to equity ratio has reduced from 82.2% to 28.9% over the past 5 years.
Debt Coverage: CW7's debt is well covered by operating cash flow (30.3%).
Interest Coverage: CW7's interest payments on its debt are well covered by EBIT (4.2x coverage).