Alibaba Group Holding Balance Sheet Health
Financial Health criteria checks 6/6
Alibaba Group Holding has a total shareholder equity of CN¥1,170.0B and total debt of CN¥166.7B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are CN¥1,811.6B and CN¥641.5B respectively. Alibaba Group Holding's EBIT is CN¥134.1B making its interest coverage ratio 19.4. It has cash and short-term investments of CN¥574.4B.
Key information
14.3%
Debt to equity ratio
CN¥166.74b
Debt
Interest coverage ratio | 19.4x |
Cash | CN¥574.36b |
Equity | CN¥1.17t |
Total liabilities | CN¥641.54b |
Total assets | CN¥1.81t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9988 N's short term assets (CN¥758.0B) exceed its short term liabilities (CN¥389.8B).
Long Term Liabilities: 9988 N's short term assets (CN¥758.0B) exceed its long term liabilities (CN¥251.7B).
Debt to Equity History and Analysis
Debt Level: 9988 N has more cash than its total debt.
Reducing Debt: 9988 N's debt to equity ratio has reduced from 27.9% to 14.3% over the past 5 years.
Debt Coverage: 9988 N's debt is well covered by operating cash flow (127.9%).
Interest Coverage: 9988 N's interest payments on its debt are well covered by EBIT (19.4x coverage).