Aluminum Corp Of China Current Ratio Growth & History (ALMMF)
Aluminum Corp Of China's current ratio was 0.87 for fiscal 2022.
View full Aluminum Corp Of China company overviewAluminum Corp Of China annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | 0.87 | −0.06 | −6.33% |
| 2021 | 2021-12-31 | 0.93 | 0.20 | +26.54% |
| 2020 | 2020-12-31 | 0.74 | 0.03 | +4.76% |
| 2019 | 2019-12-31 | 0.70 | −0.08 | −10.62% |
| 2018 | 2018-12-31 | 0.79 | 0.03 | +3.72% |
| 2017 | 2017-12-31 | 0.76 | — | — |
Aluminum Corp Of China quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2022 | 2022-12-31 | 0.87 | −0.06 | −6.33% |
| Q4 2021 | 2021-12-31 | 0.93 | 0.20 | +26.54% |
| Q4 2020 | 2020-12-31 | 0.74 | 0.03 | +4.76% |
| Q4 2019 | 2019-12-31 | 0.70 | −0.08 | −10.62% |
| Q4 2018 | 2018-12-31 | 0.79 | 0.03 | +3.72% |
| Q4 2017 | 2017-12-31 | 0.76 | — | — |
Aluminum Corp Of China current ratio trends
Over the last five fiscal years, Aluminum Corp Of China's current ratio increased from 0.76 to 0.87, a change of 0.11. The latest reported quarter, Q4 2022, shows 0.87.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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