AgrometalI Balance Sheet Health
Financial Health criteria checks 5/6
AgrometalI has a total shareholder equity of ARS13.7B and total debt of ARS4.5B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are ARS21.2B and ARS7.5B respectively. AgrometalI's EBIT is ARS2.6B making its interest coverage ratio 6.6. It has cash and short-term investments of ARS2.7B.
Key information
33.0%
Debt to equity ratio
AR$4.52b
Debt
Interest coverage ratio | 6.6x |
Cash | AR$2.69b |
Equity | AR$13.69b |
Total liabilities | AR$7.50b |
Total assets | AR$21.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGRO's short term assets (ARS12.2B) exceed its short term liabilities (ARS6.6B).
Long Term Liabilities: AGRO's short term assets (ARS12.2B) exceed its long term liabilities (ARS868.0M).
Debt to Equity History and Analysis
Debt Level: AGRO's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: AGRO's debt to equity ratio has reduced from 61.9% to 33% over the past 5 years.
Debt Coverage: AGRO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AGRO's interest payments on its debt are well covered by EBIT (6.6x coverage).