Adecoagro Balance Sheet Health
Financial Health criteria checks 4/6
Adecoagro has a total shareholder equity of $1.3B and total debt of $904.9M, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are $3.2B and $1.9B respectively. Adecoagro's EBIT is $204.1M making its interest coverage ratio 3.1. It has cash and short-term investments of $339.8M.
Key information
71.5%
Debt to equity ratio
US$904.95m
Debt
Interest coverage ratio | 3.1x |
Cash | US$339.78m |
Equity | US$1.27b |
Total liabilities | US$1.90b |
Total assets | US$3.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADGO's short term assets ($1.1B) exceed its short term liabilities ($494.1M).
Long Term Liabilities: ADGO's short term assets ($1.1B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: ADGO's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: ADGO's debt to equity ratio has reduced from 77.7% to 71.5% over the past 5 years.
Debt Coverage: ADGO's debt is well covered by operating cash flow (48.1%).
Interest Coverage: ADGO's interest payments on its debt are well covered by EBIT (3.1x coverage).