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¥568.3M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are CN¥4.7B and CN¥1.3B respectively. Alpha Group's EBIT is CN¥144.7M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥466.5M.
Key information
16.6%
Debt to equity ratio
CN¥568.26m
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥466.53m |
| Equity | CN¥3.41b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥4.70b |
Recent financial health updates
These 4 Measures Indicate That Alpha Group (SZSE:002292) Is Using Debt Reasonably Well
Jun 14
Would Alpha Group (SZSE:002292) Be Better Off With Less Debt?
Feb 29Recent updates
At CN¥5.86, Is Alpha Group (SZSE:002292) Worth Looking At Closely?
Jul 17Returns On Capital Are Showing Encouraging Signs At Alpha Group (SZSE:002292)
Jul 02These 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¥1.1B).
Long Term Liabilities: 002292's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥149.3M).
Debt to Equity History and Analysis
Debt Level: 002292's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 002292's debt to equity ratio has reduced from 35.6% to 16.6% over the past 5 years.
Debt Coverage: 002292's debt is well covered by operating cash flow (62.7%).
Interest Coverage: 002292's interest payments on its debt are well covered by EBIT (7.3x coverage).