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$522.5M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are HK$3.4B and HK$1.7B respectively. Shougang Century Holdings's EBIT is HK$99.1M making its interest coverage ratio 4.9. It has cash and short-term investments of HK$159.8M.
Key information
30.4%
Debt to equity ratio
HK$522.49m
Debt
| Interest coverage ratio | 4.9x |
| Cash | HK$159.76m |
| Equity | HK$1.72b |
| Total liabilities | HK$1.72b |
| Total assets | HK$3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CW7's short term assets (HK$2.0B) exceed its short term liabilities (HK$1.7B).
Long Term Liabilities: CW7's short term assets (HK$2.0B) exceed its long term liabilities (HK$31.5M).
Debt to Equity History and Analysis
Debt Level: CW7's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: CW7's debt to equity ratio has reduced from 75% to 30.4% over the past 5 years.
Debt Coverage: CW7's debt is well covered by operating cash flow (35.4%).
Interest Coverage: CW7's interest payments on its debt are well covered by EBIT (4.9x coverage).