Carlos Casado Balance Sheet Health
Financial Health criteria checks 2/6
Carlos Casado has a total shareholder equity of ARS33.9B and total debt of ARS4.0B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ARS40.1B and ARS6.2B respectively. Carlos Casado's EBIT is ARS244.8M making its interest coverage ratio 1.1. It has cash and short-term investments of ARS143.7M.
Key information
11.7%
Debt to equity ratio
AR$3.98b
Debt
| Interest coverage ratio | 1.1x |
| Cash | AR$143.71m |
| Equity | AR$33.88b |
| Total liabilities | AR$6.18b |
| Total assets | AR$40.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CADO's short term assets (ARS4.3B) do not cover its short term liabilities (ARS4.4B).
Long Term Liabilities: CADO's short term assets (ARS4.3B) exceed its long term liabilities (ARS1.8B).
Debt to Equity History and Analysis
Debt Level: CADO's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: CADO's debt to equity ratio has increased from 0% to 11.7% over the past 5 years.
Debt Coverage: CADO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CADO's interest payments on its debt are not well covered by EBIT (1.1x coverage).