Metallurgical Corporation of China Balance Sheet Health
Financial Health criteria checks 5/6
Metallurgical of China has a total shareholder equity of CN¥175.0B and total debt of CN¥108.0B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are CN¥703.1B and CN¥528.0B respectively. Metallurgical of China's EBIT is CN¥16.4B making its interest coverage ratio 19.3. It has cash and short-term investments of CN¥50.3B.
Key information
61.7%
Debt to equity ratio
CN¥107.96b
Debt
| Interest coverage ratio | 19.3x |
| Cash | CN¥50.32b |
| Equity | CN¥175.05b |
| Total liabilities | CN¥528.05b |
| Total assets | CN¥703.10b |
Recent financial health updates
Does Metallurgical Corporation of China (HKG:1618) Have A Healthy Balance Sheet?
Feb 26
Metallurgical Corporation of China (HKG:1618) Has A Somewhat Strained Balance Sheet
Nov 03We Think Metallurgical Corporation of China (HKG:1618) Can Stay On Top Of Its Debt
May 02Here's Why Metallurgical Corporation of China (HKG:1618) Can Manage Its Debt Responsibly
Jan 30Metallurgical Corporation of China (HKG:1618) Takes On Some Risk With Its Use Of Debt
Oct 12Metallurgical Corporation of China (HKG:1618) Has A Pretty Healthy Balance Sheet
Jun 30Recent updates
Metallurgical Corporation of China Ltd. (HKG:1618) Analysts Are Reducing Their Forecasts For This Year
Apr 03Analysts Have Lowered Expectations For Metallurgical Corporation of China Ltd. (HKG:1618) After Its Latest Results
Mar 31Why Metallurgical Corporation of China Ltd. (HKG:1618) Could Be Worth Watching
Mar 27The Return Trends At Metallurgical Corporation of China (HKG:1618) Look Promising
Mar 12Does Metallurgical Corporation of China (HKG:1618) Have A Healthy Balance Sheet?
Feb 26Investors Holding Back On Metallurgical Corporation of China Ltd. (HKG:1618)
Feb 11Calculating The Fair Value Of Metallurgical Corporation of China Ltd. (HKG:1618)
Jan 26Metallurgical Corporation of China's (HKG:1618) Returns On Capital Are Heading Higher
Dec 08Why Metallurgical Corporation of China Ltd. (HKG:1618) Could Be Worth Watching
Nov 23Metallurgical Corporation of China (HKG:1618) Has A Somewhat Strained Balance Sheet
Nov 03Estimating The Intrinsic Value Of Metallurgical Corporation of China Ltd. (HKG:1618)
Oct 20Here's Why Metallurgical Corporation of China (HKG:1618) Has Caught The Eye Of Investors
Oct 05Is It Time To Consider Buying Metallurgical Corporation of China Ltd. (HKG:1618)?
Jun 13Here's Why We Think Metallurgical Corporation of China (HKG:1618) Might Deserve Your Attention Today
May 29Is Metallurgical Corporation of China Ltd. (HKG:1618) Worth HK$2.2 Based On Its Intrinsic Value?
May 16We Think Metallurgical Corporation of China (HKG:1618) Can Stay On Top Of Its Debt
May 02Metallurgical Corporation of China (HKG:1618) Is Experiencing Growth In Returns On Capital
Mar 30Should You Investigate Metallurgical Corporation of China Ltd. (HKG:1618) At HK$1.90?
Mar 13Here's Why Metallurgical Corporation of China (HKG:1618) Can Manage Its Debt Responsibly
Jan 30There's Been No Shortage Of Growth Recently For Metallurgical Corporation of China's (HKG:1618) Returns On Capital
Dec 25Is Now The Time To Look At Buying Metallurgical Corporation of China Ltd. (HKG:1618)?
Dec 06Metallurgical Corporation of China (HKG:1618) Takes On Some Risk With Its Use Of Debt
Oct 12Metallurgical Corporation of China (HKG:1618) Is Looking To Continue Growing Its Returns On Capital
Sep 23Should You Investigate Metallurgical Corporation of China Ltd. (HKG:1618) At HK$1.74?
Jul 18Metallurgical Corporation of China (HKG:1618) Has A Pretty Healthy Balance Sheet
Jun 30Investors Will Want Metallurgical Corporation of China's (HKG:1618) Growth In ROCE To Persist
Jun 15If You Like EPS Growth Then Check Out Metallurgical Corporation of China (HKG:1618) Before It's Too Late
Apr 28Why Metallurgical Corporation of China Ltd. (HKG:1618) Could Be Worth Watching
Apr 10Is Metallurgical Corporation of China (HKG:1618) A Risky Investment?
Mar 26Returns On Capital At Metallurgical Corporation of China (HKG:1618) Have Hit The Brakes
Mar 06Do Metallurgical Corporation of China's (HKG:1618) Earnings Warrant Your Attention?
Jan 18At HK$2.05, Is Metallurgical Corporation of China Ltd. (HKG:1618) Worth Looking At Closely?
Jan 03We Think Metallurgical Corporation of China (HKG:1618) Can Stay On Top Of Its Debt
Dec 19Here's What To Make Of Metallurgical Corporation of China's (HKG:1618) Decelerating Rates Of Return
Dec 04If You Like EPS Growth Then Check Out Metallurgical Corporation of China (HKG:1618) Before It's Too Late
Oct 19What Is Metallurgical Corporation of China Ltd.'s (HKG:1618) Share Price Doing?
Oct 04Here's Why Metallurgical Corporation of China (HKG:1618) Can Manage Its Debt Responsibly
Sep 20Metallurgical Corporation of China (HKG:1618) Shareholders Will Want The ROCE Trajectory To Continue
Sep 02Metallurgical Corporation of China's (HKG:1618) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11I Ran A Stock Scan For Earnings Growth And Metallurgical Corporation of China (HKG:1618) Passed With Ease
Jul 07Does Metallurgical Corporation of China (HKG:1618) Have A Healthy Balance Sheet?
Jun 13Returns At Metallurgical Corporation of China (HKG:1618) Are On The Way Up
May 26Financial Position Analysis
Short Term Liabilities: 1618's short term assets (CN¥525.1B) exceed its short term liabilities (CN¥478.4B).
Long Term Liabilities: 1618's short term assets (CN¥525.1B) exceed its long term liabilities (CN¥49.6B).
Debt to Equity History and Analysis
Debt Level: 1618's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: 1618's debt to equity ratio has reduced from 98.2% to 61.7% over the past 5 years.
Debt Coverage: 1618's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1618's interest payments on its debt are well covered by EBIT (19.3x coverage).