Alibaba Group Holding Balance Sheet Health
Financial Health criteria checks 6/6
Alibaba Group Holding has a total shareholder equity of CN¥1,057.9B and total debt of CN¥202.3B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are CN¥1,762.7B and CN¥704.8B respectively. Alibaba Group Holding's EBIT is CN¥131.8B making its interest coverage ratio -16.1. It has cash and short-term investments of CN¥388.8B.
Key information
19.1%
Debt to equity ratio
CN¥202.26b
Debt
| Interest coverage ratio | -16.1x |
| Cash | CN¥388.79b |
| Equity | CN¥1.06t |
| Total liabilities | CN¥704.83b |
| Total assets | CN¥1.76t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 89988's short term assets (CN¥609.1B) exceed its short term liabilities (CN¥444.9B).
Long Term Liabilities: 89988's short term assets (CN¥609.1B) exceed its long term liabilities (CN¥260.0B).
Debt to Equity History and Analysis
Debt Level: 89988 has more cash than its total debt.
Reducing Debt: 89988's debt to equity ratio has reduced from 20.2% to 19.1% over the past 5 years.
Debt Coverage: 89988's debt is well covered by operating cash flow (75.7%).
Interest Coverage: 89988 earns more interest than it pays, so coverage of interest payments is not a concern.