Tianshan Aluminum GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Tianshan Aluminum GroupLtd has a total shareholder equity of CN¥24.8B and total debt of CN¥21.2B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are CN¥56.9B and CN¥32.1B respectively. Tianshan Aluminum GroupLtd's EBIT is CN¥3.2B making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥7.9B.
Key information
85.4%
Debt to equity ratio
CN¥21.19b
Debt
| Interest coverage ratio | 4.5x |
| Cash | CN¥7.95b |
| Equity | CN¥24.81b |
| Total liabilities | CN¥32.07b |
| Total assets | CN¥56.87b |
Recent financial health updates
Recent updates
Is Tianshan Aluminum GroupLtd (SZSE:002532) A Risky Investment?
May 12
Further Upside For Tianshan Aluminum Group Co.,Ltd (SZSE:002532) Shares Could Introduce Price Risks After 25% Bounce
Apr 03Estimating The Intrinsic Value Of Tianshan Aluminum Group Co.,Ltd (SZSE:002532)
Mar 18Tianshan Aluminum GroupLtd (SZSE:002532) Is Reinvesting At Lower Rates Of Return
Feb 29Financial Position Analysis
Short Term Liabilities: 002532's short term assets (CN¥21.2B) do not cover its short term liabilities (CN¥24.0B).
Long Term Liabilities: 002532's short term assets (CN¥21.2B) exceed its long term liabilities (CN¥8.1B).
Debt to Equity History and Analysis
Debt Level: 002532's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: 002532's debt to equity ratio has reduced from 122% to 85.4% over the past 5 years.
Debt Coverage: 002532's debt is well covered by operating cash flow (23%).
Interest Coverage: 002532's interest payments on its debt are well covered by EBIT (4.5x coverage).