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$77.1M.
Key information
28.9%
Debt to equity ratio
HK$487.54m
Debt
| Interest coverage ratio | 4.2x |
| Cash | HK$77.14m |
| Equity | HK$1.69b |
| Total liabilities | HK$1.62b |
| Total assets | HK$3.31b |
Recent financial health updates
Shougang Century Holdings (HKG:103) Has A Pretty Healthy Balance Sheet
Nov 28
Does Shougang Century Holdings (HKG:103) Have A Healthy Balance Sheet?
May 11Is Shougang Century Holdings (HKG:103) A Risky Investment?
Apr 28Is Shougang Century Holdings (HKG:103) A Risky Investment?
Dec 13These 4 Measures Indicate That Shougang Concord Century Holdings (HKG:103) Is Using Debt Reasonably Well
Sep 08Is Shougang Concord Century Holdings (HKG:103) Using Too Much Debt?
Apr 25Recent updates
Shougang Century Holdings (HKG:103) Has A Pretty Healthy Balance Sheet
Nov 28Shougang Century Holdings (HKG:103) Is Doing The Right Things To Multiply Its Share Price
Sep 12Does Shougang Century Holdings (HKG:103) Have A Healthy Balance Sheet?
May 11Returns On Capital At Shougang Century Holdings (HKG:103) Paint A Concerning Picture
Mar 08Estimating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)
Dec 20Shougang Century Holdings' (HKG:103) Returns On Capital Not Reflecting Well On The Business
Nov 16Is Shougang Century Holdings (HKG:103) A Risky Investment?
Apr 28Shougang Century Holdings (HKG:103) Is Experiencing Growth In Returns On Capital
Feb 08Is Shougang Century Holdings (HKG:103) A Risky Investment?
Dec 13Shougang Concord Century Holdings (HKG:103) Shareholders Will Want The ROCE Trajectory To Continue
Oct 13These 4 Measures Indicate That Shougang Concord Century Holdings (HKG:103) Is Using Debt Reasonably Well
Sep 08We Think Some Shareholders May Hesitate To Increase Shougang Concord Century Holdings Limited's (HKG:103) CEO Compensation
May 31Is Shougang Concord Century Holdings (HKG:103) Using Too Much Debt?
Apr 25How Does Shougang Concord Century Holdings Limited (HKG:103) Stand Up To These Simple Dividend Safety Checks?
Apr 07If You Like EPS Growth Then Check Out Shougang Concord Century Holdings (HKG:103) Before It's Too Late
Mar 20Is There More Growth In Store For Shougang Concord Century Holdings' (HKG:103) Returns On Capital?
Feb 22Have Insiders Been Buying Shougang Concord Century Holdings Limited (HKG:103) Shares?
Feb 04
Should You Use Shougang Concord Century Holdings's (HKG:103) Statutory Earnings To Analyse It?
Jan 17We Think Shougang Concord Century Holdings (HKG:103) Can Stay On Top Of Its Debt
Dec 28How Should Investors React To Shougang Concord Century Holdings' (HKG:103) CEO Pay?
Dec 10What Type Of Returns Would Shougang Concord Century Holdings'(HKG:103) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Nov 25Financial Position Analysis
Short Term Liabilities: 103's short term assets (HK$1.9B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: 103's short term assets (HK$1.9B) exceed its long term liabilities (HK$27.9M).
Debt to Equity History and Analysis
Debt Level: 103's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: 103's debt to equity ratio has reduced from 82.2% to 28.9% over the past 5 years.
Debt Coverage: 103's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 103's interest payments on its debt are well covered by EBIT (4.2x coverage).