Aluminum Corp Of China annual debt-to-equity ratio
2017
2018
2019
2020
2021
2022
Aluminum Corp Of China Debt-to-Equity Ratio Growth & History (ALMMF)
Aluminum Corp Of China's debt-to-equity ratio was 1.59 for fiscal 2022.
View full Aluminum Corp Of China company overviewAluminum Corp Of China annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | 1.59 | 0.04 | +2.71% |
| 2021 | 2021-12-31 | 1.55 | −0.15 | −8.85% |
| 2020 | 2020-12-31 | 1.70 | −0.16 | −8.62% |
| 2019 | 2019-12-31 | 1.86 | −0.08 | −4.29% |
| 2018 | 2018-12-31 | 1.94 | −0.67 | −25.65% |
| 2017 | 2017-12-31 | 2.61 | — | — |
Aluminum Corp Of China quarterly debt-to-equity ratio
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2022 | 2022-12-31 | 1.59 | 0.04 | +2.71% |
| Q4 2021 | 2021-12-31 | 1.55 | −0.15 | −8.85% |
| Q4 2020 | 2020-12-31 | 1.70 | −0.16 | −8.62% |
| Q4 2019 | 2019-12-31 | 1.86 | −0.08 | −4.29% |
| Q4 2018 | 2018-12-31 | 1.94 | −0.67 | −25.65% |
| Q4 2017 | 2017-12-31 | 2.61 | — | — |
Aluminum Corp Of China debt-to-equity ratio trends
Over the last five fiscal years, Aluminum Corp Of China's debt-to-equity ratio decreased from 2.61 to 1.59, a change of −1.02. The latest reported quarter, Q4 2022, shows 1.59.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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