Shougang Fushan Resources Group Balance Sheet Health
Financial Health criteria checks 6/6
Shougang Fushan Resources Group has a total shareholder equity of HK$18.5B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$22.5B and HK$4.0B respectively. Shougang Fushan Resources Group's EBIT is HK$3.0B making its interest coverage ratio -15.8. It has cash and short-term investments of HK$8.0B.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | -15.8x |
Cash | HK$7.99b |
Equity | HK$18.47b |
Total liabilities | HK$4.02b |
Total assets | HK$22.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FU7's short term assets (HK$10.0B) exceed its short term liabilities (HK$2.5B).
Long Term Liabilities: FU7's short term assets (HK$10.0B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: FU7 is debt free.
Reducing Debt: FU7 had no debt 5 years ago.
Debt Coverage: FU7 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FU7 has no debt, therefore coverage of interest payments is not a concern.