Jiangsu Alcha Aluminium Group Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Alcha Aluminium Group has a total shareholder equity of CN¥3.6B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 74%. Its total assets and total liabilities are CN¥8.1B and CN¥4.5B respectively. Jiangsu Alcha Aluminium Group's EBIT is CN¥110.0M making its interest coverage ratio 1. It has cash and short-term investments of CN¥649.6M.
Key information
74.0%
Debt to equity ratio
CN¥2.66b
Debt
Interest coverage ratio | 1x |
Cash | CN¥649.60m |
Equity | CN¥3.60b |
Total liabilities | CN¥4.48b |
Total assets | CN¥8.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002160's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002160's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 002160's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: 002160's debt to equity ratio has reduced from 84.1% to 74% 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: 002160 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002160 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 37% each year.