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¥619.7M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CN¥4.8B and CN¥1.4B respectively. Alpha Group's EBIT is CN¥136.8M making its interest coverage ratio 8.7. It has cash and short-term investments of CN¥519.7M.
Key information
18.2%
Debt to equity ratio
CN¥619.69m
Debt
| Interest coverage ratio | 8.7x |
| Cash | CN¥519.69m |
| Equity | CN¥3.41b |
| Total liabilities | CN¥1.36b |
| Total assets | CN¥4.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002292's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002292's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥191.3M).
Debt to Equity History and Analysis
Debt Level: 002292's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 002292's debt to equity ratio has reduced from 33.9% to 18.2% over the past 5 years.
Debt Coverage: 002292's debt is well covered by operating cash flow (56.5%).
Interest Coverage: 002292's interest payments on its debt are well covered by EBIT (8.7x coverage).