Chongqing Iron & Steel Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Iron & Steel has a total shareholder equity of CN¥19.9B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CN¥37.4B and CN¥17.5B respectively.
Key information
27.1%
Debt to equity ratio
CN¥5.37b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.94b |
| Equity | CN¥19.85b |
| Total liabilities | CN¥17.50b |
| Total assets | CN¥37.36b |
Recent financial health updates
Is Chongqing Iron & Steel (HKG:1053) Using Debt Sensibly?
Aug 23
Is Chongqing Iron & Steel (HKG:1053) Using Debt Sensibly?
Apr 16Is Chongqing Iron & Steel (HKG:1053) Using Debt In A Risky Way?
Jan 10We Think Chongqing Iron & Steel (HKG:1053) Can Stay On Top Of Its Debt
Aug 24Is Chongqing Iron & Steel (HKG:1053) A Risky Investment?
Mar 21Does Chongqing Iron & Steel (HKG:1053) Have A Healthy Balance Sheet?
Dec 15Recent updates
Is Chongqing Iron & Steel (HKG:1053) Using Debt Sensibly?
Aug 23Is Chongqing Iron & Steel (HKG:1053) Using Debt Sensibly?
Apr 16Is Chongqing Iron & Steel (HKG:1053) Using Debt In A Risky Way?
Jan 10Chongqing Iron & Steel's (HKG:1053) Returns On Capital Are Heading Higher
Sep 20We Think Chongqing Iron & Steel (HKG:1053) Can Stay On Top Of Its Debt
Aug 24Chongqing Iron & Steel (HKG:1053) Is Experiencing Growth In Returns On Capital
Jun 19Is Chongqing Iron & Steel (HKG:1053) A Risky Investment?
Mar 21I Ran A Stock Scan For Earnings Growth And Chongqing Iron & Steel (HKG:1053) Passed With Ease
Feb 26Chongqing Iron & Steel (HKG:1053) Is Looking To Continue Growing Its Returns On Capital
Dec 30Does Chongqing Iron & Steel (HKG:1053) Have A Healthy Balance Sheet?
Dec 15Do Chongqing Iron & Steel's (HKG:1053) Earnings Warrant Your Attention?
Nov 12Chongqing Iron & Steel (HKG:1053) Is Experiencing Growth In Returns On Capital
Sep 12Chongqing Iron & Steel (HKG:1053) Has A Pretty Healthy Balance Sheet
Aug 22Returns On Capital Are Showing Encouraging Signs At Chongqing Iron & Steel (HKG:1053)
Jun 12Chongqing Iron & Steel (HKG:1053) Has A Pretty Healthy Balance Sheet
May 22Have Insiders Sold Chongqing Iron & Steel Company Limited (HKG:1053) Shares Recently?
Mar 18Is Chongqing Iron & Steel (HKG:1053) A Future Multi-bagger?
Mar 14Estimating The Fair Value Of Chongqing Iron & Steel Company Limited (HKG:1053)
Feb 27Here's Why Chongqing Iron & Steel (HKG:1053) Has A Meaningful Debt Burden
Feb 12Should You Review Recent Insider Transactions At Chongqing Iron & Steel Company Limited (HKG:1053)?
Jan 26Reflecting on Chongqing Iron & Steel's (HKG:1053) Share Price Returns Over The Last Three Years
Dec 27We're Not Counting On Chongqing Iron & Steel (HKG:1053) To Sustain Its Statutory Profitability
Dec 12
Returns On Capital - An Important Metric For Chongqing Iron & Steel (HKG:1053)
Nov 27Financial Position Analysis
Short Term Liabilities: 1053's short term assets (CN¥6.1B) do not cover its short term liabilities (CN¥13.9B).
Long Term Liabilities: 1053's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 1053's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 1053's debt to equity ratio has increased from 17.8% to 27.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 1053 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1053 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18.8% per year.