Garovaglio y Zorraquín Balance Sheet Health
Financial Health criteria checks 2/6
Garovaglio y Zorraquín has a total shareholder equity of ARS11.4B and total debt of ARS11.1B, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are ARS33.1B and ARS21.7B respectively. Garovaglio y Zorraquín's EBIT is ARS7.6B making its interest coverage ratio 6.3. It has cash and short-term investments of ARS3.7B.
Key information
97.4%
Debt to equity ratio
AR$11.07b
Debt
| Interest coverage ratio | 6.3x |
| Cash | AR$3.72b |
| Equity | AR$11.36b |
| Total liabilities | AR$21.73b |
| Total assets | AR$33.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GARO's short term assets (ARS19.0B) do not cover its short term liabilities (ARS19.3B).
Long Term Liabilities: GARO's short term assets (ARS19.0B) exceed its long term liabilities (ARS2.4B).
Debt to Equity History and Analysis
Debt Level: GARO's net debt to equity ratio (64.7%) is considered high.
Reducing Debt: GARO's debt to equity ratio has reduced from 219.7% to 97.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GARO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GARO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.