Alnera Aluminium Balance Sheet Health
Financial Health criteria checks 3/6
Alnera Aluminium has a total shareholder equity of CN¥906.2M and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 135.4%. Its total assets and total liabilities are CN¥2.6B and CN¥1.7B respectively. Alnera Aluminium's EBIT is CN¥268.3M making its interest coverage ratio 7.6. It has cash and short-term investments of CN¥116.7M.
Key information
135.4%
Debt to equity ratio
CN¥1.23b
Debt
| Interest coverage ratio | 7.6x |
| Cash | CN¥116.72m |
| Equity | CN¥906.19m |
| Total liabilities | CN¥1.66b |
| Total assets | CN¥2.57b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 301613's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 301613's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥226.5M).
Debt to Equity History and Analysis
Debt Level: 301613's net debt to equity ratio (122.5%) is considered high.
Reducing Debt: Insufficient data to determine if 301613's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301613's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301613's interest payments on its debt are well covered by EBIT (7.6x coverage).