Sociedad Comercial del Plata Balance Sheet Health
Financial Health criteria checks 5/6
Sociedad Comercial del Plata has a total shareholder equity of ARS390.4B and total debt of ARS17.4B, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ARS542.7B and ARS152.3B respectively. Sociedad Comercial del Plata's EBIT is ARS8.0B making its interest coverage ratio -0.1. It has cash and short-term investments of ARS45.0B.
Key information
4.4%
Debt to equity ratio
AR$17.36b
Debt
Interest coverage ratio | -0.08x |
Cash | AR$45.00b |
Equity | AR$390.36b |
Total liabilities | AR$152.30b |
Total assets | AR$542.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COME's short term assets (ARS139.9B) exceed its short term liabilities (ARS76.2B).
Long Term Liabilities: COME's short term assets (ARS139.9B) exceed its long term liabilities (ARS76.1B).
Debt to Equity History and Analysis
Debt Level: COME has more cash than its total debt.
Reducing Debt: COME's debt to equity ratio has reduced from 7.7% to 4.4% over the past 5 years.
Debt Coverage: COME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: COME earns more interest than it pays, so coverage of interest payments is not a concern.