Aluminum Corporation of China Balance Sheet Health
Financial Health criteria checks 6/6
Aluminum of China has a total shareholder equity of CN¥108.6B and total debt of CN¥60.7B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are CN¥217.1B and CN¥108.5B respectively. Aluminum of China's EBIT is CN¥24.5B making its interest coverage ratio 10.1. It has cash and short-term investments of CN¥25.9B.
Key information
55.9%
Debt to equity ratio
CN¥60.71b
Debt
| Interest coverage ratio | 10.1x |
| Cash | CN¥25.92b |
| Equity | CN¥108.62b |
| Total liabilities | CN¥108.48b |
| Total assets | CN¥217.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2600's short term assets (CN¥62.6B) exceed its short term liabilities (CN¥54.0B).
Long Term Liabilities: 2600's short term assets (CN¥62.6B) exceed its long term liabilities (CN¥54.5B).
Debt to Equity History and Analysis
Debt Level: 2600's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: 2600's debt to equity ratio has reduced from 130.5% to 55.9% over the past 5 years.
Debt Coverage: 2600's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 2600's interest payments on its debt are well covered by EBIT (10.1x coverage).