China Aluminum International Engineering Balance Sheet Health
Financial Health criteria checks 4/6
China Aluminum International Engineering has a total shareholder equity of CN¥7.4B and total debt of CN¥9.3B, which brings its debt-to-equity ratio to 125.9%. Its total assets and total liabilities are CN¥40.8B and CN¥33.5B respectively.
Key information
125.9%
Debt to equity ratio
CN¥9.26b
Debt
Interest coverage ratio | n/a |
Cash | CN¥4.14b |
Equity | CN¥7.35b |
Total liabilities | CN¥33.48b |
Total assets | CN¥40.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601068's short term assets (CN¥32.1B) exceed its short term liabilities (CN¥27.2B).
Long Term Liabilities: 601068's short term assets (CN¥32.1B) exceed its long term liabilities (CN¥6.3B).
Debt to Equity History and Analysis
Debt Level: 601068's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: 601068's debt to equity ratio has increased from 104.6% to 125.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 601068 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 601068 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.7% per year.