Mirgor Sociedad Anónima Comercial Industrial Financiera Inmobiliaria y Agropecuaria Balance Sheet Health
Financial Health criteria checks 3/6
Mirgor Sociedad Anónima Comercial Industrial Financiera Inmobiliaria y Agropecuaria has a total shareholder equity of ARS48.6B and total debt of ARS23.9B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are ARS809.5B and ARS760.9B respectively. Mirgor Sociedad Anónima Comercial Industrial Financiera Inmobiliaria y Agropecuaria's EBIT is ARS66.4B making its interest coverage ratio 1.9. It has cash and short-term investments of ARS199.1B.
Key information
49.2%
Debt to equity ratio
AR$23.93b
Debt
Interest coverage ratio | 1.9x |
Cash | AR$199.08b |
Equity | AR$48.61b |
Total liabilities | AR$760.92b |
Total assets | AR$809.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIRG's short term assets (ARS655.9B) do not cover its short term liabilities (ARS704.4B).
Long Term Liabilities: MIRG's short term assets (ARS655.9B) exceed its long term liabilities (ARS56.5B).
Debt to Equity History and Analysis
Debt Level: MIRG has more cash than its total debt.
Reducing Debt: MIRG's debt to equity ratio has increased from 0.05% to 49.2% over the past 5 years.
Debt Coverage: MIRG's debt is well covered by operating cash flow (606.7%).
Interest Coverage: MIRG's interest payments on its debt are not well covered by EBIT (1.9x coverage).