Alpha Group Balance Sheet Health
Financial Health criteria checks 6/6
Alpha Group has a total shareholder equity of CN¥3.4B and total debt of CN¥719.0M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥4.8B and CN¥1.4B respectively. Alpha Group's EBIT is CN¥205.3M making its interest coverage ratio -126.2. It has cash and short-term investments of CN¥545.6M.
Key information
21.1%
Debt to equity ratio
CN¥719.00m
Debt
| Interest coverage ratio | -126.2x |
| Cash | CN¥545.64m |
| Equity | CN¥3.40b |
| Total liabilities | CN¥1.44b |
| Total assets | CN¥4.84b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002292's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002292's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥162.1M).
Debt to Equity History and Analysis
Debt Level: 002292's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 002292's debt to equity ratio has reduced from 40.1% to 21.1% over the past 5 years.
Debt Coverage: 002292's debt is well covered by operating cash flow (68.9%).
Interest Coverage: 002292 earns more interest than it pays, so coverage of interest payments is not a concern.