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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAAN.F's short term assets (CN¥23.4B) do not cover its short term liabilities (CN¥44.2B).
Long Term Liabilities: MAAN.F's short term assets (CN¥23.4B) exceed its long term liabilities (CN¥9.2B).
Debt to Equity History and Analysis
Debt Level: MAAN.F's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: MAAN.F's debt to equity ratio has increased from 57.4% to 68.7% over the past 5 years.
Debt Coverage: MAAN.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MAAN.F's interest payments on its debt are well covered by EBIT.