Aluminum Corporation of China Balance Sheet Health
Financial Health criteria checks 3/6
Aluminum of China has a total shareholder equity of CN¥92.2B and total debt of CN¥69.4B, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are CN¥207.7B and CN¥115.5B respectively. Aluminum of China's EBIT is CN¥14.2B making its interest coverage ratio 6.2. It has cash and short-term investments of CN¥17.9B.
Key information
75.2%
Debt to equity ratio
CN¥69.37b
Debt
Interest coverage ratio | 6.2x |
Cash | CN¥17.92b |
Equity | CN¥92.19b |
Total liabilities | CN¥115.48b |
Total assets | CN¥207.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOCA's short term assets (CN¥52.2B) do not cover its short term liabilities (CN¥56.8B).
Long Term Liabilities: AOCA's short term assets (CN¥52.2B) do not cover its long term liabilities (CN¥58.6B).
Debt to Equity History and Analysis
Debt Level: AOCA's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: AOCA's debt to equity ratio has reduced from 138.7% to 75.2% over the past 5 years.
Debt Coverage: AOCA's debt is well covered by operating cash flow (28.8%).
Interest Coverage: AOCA's interest payments on its debt are well covered by EBIT (6.2x coverage).