Angang Steel Balance Sheet Health
Financial Health criteria checks 3/6
Angang Steel has a total shareholder equity of CN¥53.0B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are CN¥96.7B and CN¥43.7B respectively.
Key information
13.9%
Debt to equity ratio
CN¥7.35b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.20b |
| Equity | CN¥53.04b |
| Total liabilities | CN¥43.66b |
| Total assets | CN¥96.70b |
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 18Angang Steel's(HKG:347) Share Price Is Down 57% Over The Past Three Years.
Jan 31
Financial Position Analysis
Short Term Liabilities: 347's short term assets (CN¥26.4B) do not cover its short term liabilities (CN¥36.5B).
Long Term Liabilities: 347's short term assets (CN¥26.4B) exceed its long term liabilities (CN¥7.2B).
Debt to Equity History and Analysis
Debt Level: 347's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: 347's debt to equity ratio has reduced from 36.8% to 13.9% 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.