Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria Balance Sheet Health
Financial Health criteria checks 3/6
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria has a total shareholder equity of ARS1,142.5B and total debt of ARS740.6B, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are ARS2,693.7B and ARS1,551.2B respectively. Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria's EBIT is ARS37.1B making its interest coverage ratio -5.4. It has cash and short-term investments of ARS223.2B.
Key information
64.8%
Debt to equity ratio
AR$740.62b
Debt
Interest coverage ratio | -5.4x |
Cash | AR$223.24b |
Equity | AR$1.14t |
Total liabilities | AR$1.55t |
Total assets | AR$2.69t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRES's short term assets (ARS609.7B) exceed its short term liabilities (ARS516.2B).
Long Term Liabilities: CRES's short term assets (ARS609.7B) do not cover its long term liabilities (ARS1,035.0B).
Debt to Equity History and Analysis
Debt Level: CRES's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: CRES's debt to equity ratio has reduced from 306.3% to 64.8% over the past 5 years.
Debt Coverage: CRES's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: CRES earns more interest than it pays, so coverage of interest payments is not a concern.