Alibaba Group Holding Balance Sheet Health
Financial Health criteria checks 6/6
Alibaba Group Holding has a total shareholder equity of CN¥1,112.6B and total debt of CN¥170.8B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥1,764.8B and CN¥652.2B respectively. Alibaba Group Holding's EBIT is CN¥138.7B making its interest coverage ratio 17.5. It has cash and short-term investments of CN¥571.0B.
Key information
15.3%
Debt to equity ratio
CN¥170.78b
Debt
| Interest coverage ratio | 17.5x |
| Cash | CN¥571.03b |
| Equity | CN¥1.11t |
| Total liabilities | CN¥652.23b |
| Total assets | CN¥1.76t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 024409862's short term assets (CN¥752.9B) exceed its short term liabilities (CN¥421.5B).
Long Term Liabilities: 024409862's short term assets (CN¥752.9B) exceed its long term liabilities (CN¥230.7B).
Debt to Equity History and Analysis
Debt Level: 024409862 has more cash than its total debt.
Reducing Debt: 024409862's debt to equity ratio has reduced from 22.1% to 15.3% over the past 5 years.
Debt Coverage: 024409862's debt is well covered by operating cash flow (106.9%).
Interest Coverage: 024409862's interest payments on its debt are well covered by EBIT (17.5x coverage).