Aluminum Corporation of China Balance Sheet Health
Financial Health criteria checks 6/6
Aluminum of China has a total shareholder equity of CN¥110.0B and total debt of CN¥55.7B, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are CN¥214.3B and CN¥104.3B respectively. Aluminum of China's EBIT is CN¥24.1B making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥23.0B.
Key information
50.6%
Debt to equity ratio
CN¥55.67b
Debt
| Interest coverage ratio | 12.6x |
| Cash | CN¥22.96b |
| Equity | CN¥109.96b |
| Total liabilities | CN¥104.29b |
| Total assets | CN¥214.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOC's short term assets (CN¥60.6B) exceed its short term liabilities (CN¥52.6B).
Long Term Liabilities: AOC's short term assets (CN¥60.6B) exceed its long term liabilities (CN¥51.6B).
Debt to Equity History and Analysis
Debt Level: AOC's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: AOC's debt to equity ratio has reduced from 141.4% to 50.6% over the past 5 years.
Debt Coverage: AOC's debt is well covered by operating cash flow (54.4%).
Interest Coverage: AOC's interest payments on its debt are well covered by EBIT (12.6x coverage).