Shougang Fushan Resources Group Balance Sheet Health
Financial Health criteria checks 6/6
Shougang Fushan Resources Group has a total shareholder equity of HK$18.4B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$23.1B and HK$4.7B respectively. Shougang Fushan Resources Group's EBIT is HK$2.3B making its interest coverage ratio -11.2. It has cash and short-term investments of HK$9.2B.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -11.2x |
| Cash | HK$9.23b |
| Equity | HK$18.44b |
| Total liabilities | HK$4.70b |
| Total assets | HK$23.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSHY.F's short term assets (HK$11.0B) exceed its short term liabilities (HK$3.2B).
Long Term Liabilities: FSHY.F's short term assets (HK$11.0B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: FSHY.F is debt free.
Reducing Debt: FSHY.F has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
Debt Coverage: FSHY.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FSHY.F has no debt, therefore coverage of interest payments is not a concern.