Aluminum Corp Of China Net Debt Growth & History (ALMMF)
Aluminum Corp Of China's net debt was $10.10B for fiscal 2022.
View full Aluminum Corp Of China company overviewAluminum Corp Of China annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | $10.10B | −$1.01B | −9.05% |
| 2021 | 2021-12-31 | $11.10B | −$1.56B | −12.29% |
| 2020 | 2020-12-31 | $12.66B | −$811.2M | −6.02% |
| 2019 | 2019-12-31 | $13.47B | $1.42B | +11.81% |
| 2018 | 2018-12-31 | $12.05B | $258.0M | +2.19% |
| 2017 | 2017-12-31 | $11.79B | — | — |
Aluminum Corp Of China quarterly net debt
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2022 | 2022-12-31 | $10.10B | −$1.01B | −9.05% |
| Q4 2021 | 2021-12-31 | $11.10B | −$1.56B | −12.29% |
| Q4 2020 | 2020-12-31 | $12.66B | −$811.2M | −6.02% |
| Q4 2019 | 2019-12-31 | $13.47B | $1.42B | +11.81% |
| Q4 2018 | 2018-12-31 | $12.05B | $258.0M | +2.19% |
| Q4 2017 | 2017-12-31 | $11.79B | — | — |
Aluminum Corp Of China net debt trends
Over the last five fiscal years, Aluminum Corp Of China's net debt decreased from $11.79B to $10.10B, a change of −$1.69B. The latest reported quarter, Q4 2022, shows $10.10B.
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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