Leverage Ratio of Aluminum Corporation of China Limited American Depositary Shares (ACH) is -10.60

A leverage ratio is any one of several financial measurements that look at how much capital comes in the form of debt (loans) or assesses the ability of a company to meet its financial obligations. The leverage ratio category is important because companies rely on a mixture of equity and debt to finance their operations, and knowing the amount of debt held by a company is useful in evaluating whether it can pay its debts off as they come due. Several common leverage ratios will be discussed below. Leverage ratios measure how leveraged a company is. These ratios compare the total debt obligation to either assets.

 

Source: Investopedia

Leverage Ratio
Oct 19Nov 19Dec 19Jan 20Feb 20Mar 20Apr 20May 20Jun 20Jul 20Aug 20Sep 20
-17.7020.5020.5020.50---3.703.70-10.60-4.30-10.60