Maanshan Iron & Steel Balance Sheet Health
Financial Health criteria checks 1/6
Maanshan Iron & Steel has a total shareholder equity of CN¥31.9B and total debt of CN¥21.9B, which brings its debt-to-equity ratio to 68.7%. Its total assets and total liabilities are CN¥85.3B and CN¥53.4B respectively.
Key information
68.7%
Debt to equity ratio
CN¥21.94b
Debt
Interest coverage ratio | n/a |
Cash | CN¥5.14b |
Equity | CN¥31.94b |
Total liabilities | CN¥53.37b |
Total assets | CN¥85.31b |
Recent financial health updates
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 20Does Maanshan Iron & Steel (HKG:323) Have A Healthy Balance Sheet?
Oct 19Recent updates
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 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 31These 4 Measures Indicate That Maanshan Iron & Steel (HKG:323) Is Using Debt Extensively
Mar 15Are Investors Undervaluing Maanshan Iron & Steel Company Limited (HKG:323) By 38%?
Feb 17Can Maanshan Iron & Steel (HKG:323) Continue To Grow Its Returns On Capital?
Feb 04Key Things To Watch Out For If You Are After Maanshan Iron & Steel Company Limited's (HKG:323) 4.4% Dividend
Jan 22How Many Maanshan Iron & Steel Company Limited (HKG:323) Shares Do Institutions Own?
Jan 09How Much Did Maanshan Iron & Steel's(HKG:323) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 27Maanshan Iron & Steel (HKG:323) Has A Pretty Healthy Balance Sheet
Dec 13Financial Position Analysis
Short Term Liabilities: 323's short term assets (CN¥23.4B) do not cover its short term liabilities (CN¥44.2B).
Long Term Liabilities: 323's short term assets (CN¥23.4B) exceed its long term liabilities (CN¥9.2B).
Debt to Equity History and Analysis
Debt Level: 323's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: 323's debt to equity ratio has increased from 57.4% to 68.7% over the past 5 years.
Debt Coverage: 323's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 323's interest payments on its debt are well covered by EBIT.