Aluminum Corp Of China annual debt-to-assets ratio
2017
2018
2019
2020
2021
2022
Aluminum Corp Of China Debt-to-Assets Ratio Growth & History (ALMMF)
Aluminum Corp Of China's debt-to-assets ratio was 0.41 for fiscal 2022.
View full Aluminum Corp Of China company overviewAluminum Corp Of China annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | 0.41 | −0.05 | −11.60% |
| 2021 | 2021-12-31 | 0.46 | −0.01 | −2.67% |
| 2020 | 2020-12-31 | 0.47 | −0.03 | −5.36% |
| 2019 | 2019-12-31 | 0.50 | −0.01 | −1.27% |
| 2018 | 2018-12-31 | 0.51 | −0.01 | −1.64% |
| 2017 | 2017-12-31 | 0.51 | — | — |
Aluminum Corp Of China quarterly debt-to-assets ratio
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2022 | 2022-12-31 | 0.41 | −0.05 | −11.60% |
| Q4 2021 | 2021-12-31 | 0.46 | −0.01 | −2.67% |
| Q4 2020 | 2020-12-31 | 0.47 | −0.03 | −5.36% |
| Q4 2019 | 2019-12-31 | 0.50 | −0.01 | −1.27% |
| Q4 2018 | 2018-12-31 | 0.51 | −0.01 | −1.64% |
| Q4 2017 | 2017-12-31 | 0.51 | — | — |
Aluminum Corp Of China debt-to-assets ratio trends
Over the last five fiscal years, Aluminum Corp Of China's debt-to-assets ratio decreased from 0.51 to 0.41, a change of −0.11. The latest reported quarter, Q4 2022, shows 0.41.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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