Chongqing Iron & Steel Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Iron & Steel has a total shareholder equity of CN¥19.5B and total debt of CN¥6.0B, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are CN¥37.2B and CN¥17.7B respectively.
Key information
30.8%
Debt to equity ratio
CN¥6.02b
Debt
Interest coverage ratio | n/a |
Cash | CN¥943.25m |
Equity | CN¥19.53b |
Total liabilities | CN¥17.71b |
Total assets | CN¥37.23b |
Recent financial health 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 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 12Returns On Capital - An Important Metric For Chongqing Iron & Steel (HKG:1053)
Nov 27Financial Position Analysis
Short Term Liabilities: 1053's short term assets (CN¥6.0B) do not cover its short term liabilities (CN¥14.3B).
Long Term Liabilities: 1053's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 1053's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: 1053's debt to equity ratio has increased from 16.8% to 30.8% 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 17.5% per year.