Aluminum Corporation of China Balance Sheet Health
Financial Health criteria checks 5/6
Aluminum of China has a total shareholder equity of CN¥79.8B and total debt of CN¥71.1B, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are CN¥198.4B and CN¥118.7B respectively. Aluminum of China's EBIT is CN¥16.9B making its interest coverage ratio 6.2. It has cash and short-term investments of CN¥28.0B.
Key information
89.1%
Debt to equity ratio
CN¥71.09b
Debt
Interest coverage ratio | 6.2x |
Cash | CN¥28.01b |
Equity | CN¥79.79b |
Total liabilities | CN¥118.65b |
Total assets | CN¥198.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACHHY US's short term assets (CN¥63.1B) exceed its short term liabilities (CN¥58.2B).
Long Term Liabilities: ACHHY US's short term assets (CN¥63.1B) exceed its long term liabilities (CN¥60.5B).
Debt to Equity History and Analysis
Debt Level: ACHHY US's net debt to equity ratio (54%) is considered high.
Reducing Debt: ACHHY US's debt to equity ratio has reduced from 194.2% to 89.1% over the past 5 years.
Debt Coverage: ACHHY US's debt is well covered by operating cash flow (42%).
Interest Coverage: ACHHY US's interest payments on its debt are well covered by EBIT (6.2x coverage).