Aluminum Corp Of China Current Ratio Growth & History (ALMMF)

Aluminum Corp Of China's current ratio was 0.87 for fiscal 2022.

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Aluminum Corp Of China annual current ratio history

Aluminum Corp Of China annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20222022-12-310.87−0.06−6.33%
20212021-12-310.930.20+26.54%
20202020-12-310.740.03+4.76%
20192019-12-310.70−0.08−10.62%
20182018-12-310.790.03+3.72%
20172017-12-310.76

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.

About the metric

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.

Calculation and source

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.

Review Aluminum Corp Of China source filings ↗

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