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¥133.9M making its interest coverage ratio 4.9. 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 | 4.9x |
Cash | CN¥545.64m |
Equity | CN¥3.40b |
Total liabilities | CN¥1.44b |
Total assets | CN¥4.84b |
Recent financial health updates
These 4 Measures Indicate That Alpha Group (SZSE:002292) Is Using Debt Reasonably Well
Jun 14Would Alpha Group (SZSE:002292) Be Better Off With Less Debt?
Feb 29Recent updates
These 4 Measures Indicate That Alpha Group (SZSE:002292) Is Using Debt Reasonably Well
Jun 14Alpha Group's (SZSE:002292) Performance Is Even Better Than Its Earnings Suggest
May 06Take Care Before Jumping Onto Alpha Group (SZSE:002292) Even Though It's 26% Cheaper
Apr 21Estimating The Fair Value Of Alpha Group (SZSE:002292)
Mar 21Alpha Group's (SZSE:002292) 29% Jump Shows Its Popularity With Investors
Mar 04Would Alpha Group (SZSE:002292) Be Better Off With Less Debt?
Feb 29Financial 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's interest payments on its debt are well covered by EBIT (4.9x coverage).