Aluminum of China (STU:AOC) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

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What is Aluminum of China LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Aluminum of China's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

Aluminum of China's long-term debt to total assets ratio increased from Dec. 2023 (0.24) to Dec. 2024 (0.24). It may suggest that Aluminum of China is progressively becoming more dependent on debt to grow their business.

Aluminum of China LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aluminum of China's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Aluminum of China LT-Debt-to-Total-Asset Chart

Aluminum of China Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.30

0.31

0.28

0.24

Aluminum of China Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.25	0.23	0.22	0.24

Aluminum of China LT-Debt-to-Total-Asset Calculation

Aluminum of China's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	6828.188	/	28318.737
	=	0.24

Aluminum of China's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	6828.188	/	28318.737
	=	0.24

Aluminum of China (STU:AOC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Aluminum of China LT-Debt-to-Total-Asset Related Terms

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Aluminum of China Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluminum Corp of China Ltd (STU:AOC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

ALMMF:USA 02600:Hong Kong AOC:Germany 601600:China AOC:Austria

Address

No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082

Website

https://www.chalco.com.cn

Aluminum Corp of China Ltd is an aluminum producer. Its main business includes exploration and mining of resources such as bauxite and coal, production, sales, technology research and development of alumina, primary aluminum, aluminum alloys, and carbon products, international trade, logistics industry, thermal and new energy power generation, etc. The company's reportable operating segments are; The alumina segment, The primary aluminum segment, Energy, Trading, and the Corporate segment. The majority of its revenue is generated from the primary aluminum segment which consists of procuring alumina and other raw materials, supplemental materials and electricity power, and smelting alumina to produce primary aluminum. Geographically, its key revenue is derived from Mainland China.

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