Maanshan Iron & Steel Balance Sheet Health
Financial Health criteria checks 1/6
Maanshan Iron & Steel has a total shareholder equity of CN¥29.5B and total debt of CN¥21.5B, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are CN¥81.4B and CN¥51.9B respectively.
Key information
72.8%
Debt to equity ratio
CN¥21.48b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥6.91b |
| Equity | CN¥29.51b |
| Total liabilities | CN¥51.88b |
| Total assets | CN¥81.39b |
Recent financial health updates
Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Nov 04
Maanshan Iron & Steel (HKG:323) Has Debt But No Earnings; Should You Worry?
Jun 26Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Jan 09Is Maanshan Iron & Steel (HKG:323) Using Debt In A Risky Way?
Sep 05Is Maanshan Iron & Steel (HKG:323) Using Debt Sensibly?
May 18Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load?
Jan 20Recent updates
Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Nov 04Maanshan Iron & Steel Company Limited's (HKG:323) Shares Climb 62% But Its Business Is Yet to Catch Up
Oct 07Revenues Not Telling The Story For Maanshan Iron & Steel Company Limited (HKG:323) After Shares Rise 62%
Oct 07Maanshan Iron & Steel (HKG:323) Has Debt But No Earnings; Should You Worry?
Jun 26Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Jan 09Maanshan Iron & Steel Company Limited (HKG:323) Shares Could Be 21% Above Their Intrinsic Value Estimate
Nov 02Is Maanshan Iron & Steel (HKG:323) Using Debt In A Risky Way?
Sep 05Calculating The Fair Value Of Maanshan Iron & Steel Company Limited (HKG:323)
Jul 14Is Maanshan Iron & Steel (HKG:323) Using Debt Sensibly?
May 18Estimating The Intrinsic Value Of Maanshan Iron & Steel Company Limited (HKG:323)
Mar 27Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load?
Jan 20Does Maanshan Iron & Steel (HKG:323) Have A Healthy Balance Sheet?
Oct 19Maanshan Iron & Steel (HKG:323) Could Be At Risk Of Shrinking As A Company
Sep 26We Think Maanshan Iron & Steel (HKG:323) Can Stay On Top Of Its Debt
Jul 19Maanshan Iron & Steel's (HKG:323) Returns On Capital Are Heading Higher
Jun 28Maanshan Iron & Steel (HKG:323) Is Achieving High Returns On Its Capital
Dec 30Here's Why Maanshan Iron & Steel (HKG:323) Can Manage Its Debt Responsibly
Oct 26Returns At Maanshan Iron & Steel (HKG:323) Are On The Way Up
Sep 30Maanshan Iron & Steel (HKG:323) Will Pay A Larger Dividend Than Last Year At HK$0.16
Jul 03Returns Are Gaining Momentum At Maanshan Iron & Steel (HKG:323)
May 31Financial Position Analysis
Short Term Liabilities: 323's short term assets (CN¥20.7B) do not cover its short term liabilities (CN¥43.1B).
Long Term Liabilities: 323's short term assets (CN¥20.7B) exceed its long term liabilities (CN¥8.8B).
Debt to Equity History and Analysis
Debt Level: 323's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: 323's debt to equity ratio has increased from 57.3% to 72.8% over the past 5 years.
Debt Coverage: 323's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: Insufficient data to determine if 323's interest payments on its debt are well covered by EBIT.