Angang Steel Balance Sheet Health
Financial Health criteria checks 3/6
Angang Steel has a total shareholder equity of CN¥50.6B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥98.9B and CN¥48.3B respectively.
Key information
17.1%
Debt to equity ratio
CN¥8.65b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.11b |
| Equity | CN¥50.63b |
| Total liabilities | CN¥48.27b |
| Total assets | CN¥98.90b |
Recent financial health updates
Is Angang Steel (HKG:347) Using Debt In A Risky Way?
Oct 06
Is Angang Steel (HKG:347) Using Too Much Debt?
Jun 09Is Angang Steel (HKG:347) Using Debt In A Risky Way?
Feb 21Here's Why Angang Steel (HKG:347) Has A Meaningful Debt Burden
Oct 27Angang Steel (HKG:347) Has A Pretty Healthy Balance Sheet
Jul 29These 4 Measures Indicate That Angang Steel (HKG:347) Is Using Debt Reasonably Well
Apr 03Recent updates
Angang Steel Company Limited (HKG:347) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Sep 28Analysts Are Updating Their Angang Steel Company Limited (HKG:347) Estimates After Its Half-Year Results
Sep 03Angang Steel Company Limited's (HKG:347) Share Price Not Quite Adding Up
Jun 05Analysts Have Lowered Expectations For Angang Steel Company Limited (HKG:347) After Its Latest Results
Mar 31Risks To Shareholder Returns Are Elevated At These Prices For Angang Steel Company Limited (HKG:347)
Dec 30Is Angang Steel (HKG:347) Using Debt In A Risky Way?
Oct 06Angang Steel Company Limited (HKG:347) Shares Could Be 37% Below Their Intrinsic Value Estimate
Aug 09Is Angang Steel (HKG:347) Using Too Much Debt?
Jun 09Angang Steel Company Limited's (HKG:347) Intrinsic Value Is Potentially 30% Above Its Share Price
May 03Is Angang Steel (HKG:347) Using Debt In A Risky Way?
Feb 21Here's Why Angang Steel (HKG:347) Has A Meaningful Debt Burden
Oct 27Investors Will Want Angang Steel's (HKG:347) Growth In ROCE To Persist
Aug 24Angang Steel (HKG:347) Has A Pretty Healthy Balance Sheet
Jul 29Angang Steel (HKG:347) Is Increasing Its Dividend To HK$0.26
May 30Angang Steel Company Limited (HKG:347) Shares Could Be 49% Below Their Intrinsic Value Estimate
May 28Angang Steel (HKG:347) Is Looking To Continue Growing Its Returns On Capital
May 01These 4 Measures Indicate That Angang Steel (HKG:347) Is Using Debt Reasonably Well
Apr 03Angang Steel (HKG:347) Might Have The Makings Of A Multi-Bagger
Jan 30Does Angang Steel (HKG:347) Have A Healthy Balance Sheet?
Jan 02Is Angang Steel (HKG:347) Using Too Much Debt?
Oct 04Angang Steel's (HKG:347) Returns On Capital Are Heading Higher
Jul 25Angang Steel Company Limited's (HKG:347) Intrinsic Value Is Potentially 28% Above Its Share Price
Apr 15Returns On Capital Are Showing Encouraging Signs At Angang Steel (HKG:347)
Mar 29Why Dividend Hunters Love Angang Steel Company Limited (HKG:347)
Mar 08We Think Angang Steel (HKG:347) Is Taking Some Risk With Its Debt
Feb 18Financial Position Analysis
Short Term Liabilities: 347's short term assets (CN¥27.6B) do not cover its short term liabilities (CN¥38.9B).
Long Term Liabilities: 347's short term assets (CN¥27.6B) exceed its long term liabilities (CN¥9.4B).
Debt to Equity History and Analysis
Debt Level: 347's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 347's debt to equity ratio has reduced from 37.9% to 17.1% over the past 5 years.
Debt Coverage: 347's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 347's interest payments on its debt are well covered by EBIT.