Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria Balance Sheet Health
Financial Health criteria checks 4/6
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria has a total shareholder equity of ARS1,660.0B and total debt of ARS876.7B, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are ARS3,699.4B and ARS2,039.5B respectively. Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria's EBIT is ARS133.3B making its interest coverage ratio -13.7. It has cash and short-term investments of ARS291.6B.
Key information
52.8%
Debt to equity ratio
AR$876.67b
Debt
| Interest coverage ratio | -13.7x |
| Cash | AR$291.58b |
| Equity | AR$1.66t |
| Total liabilities | AR$2.04t |
| Total assets | AR$3.70t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRESD's short term assets (ARS804.9B) exceed its short term liabilities (ARS736.5B).
Long Term Liabilities: CRESD's short term assets (ARS804.9B) do not cover its long term liabilities (ARS1,302.9B).
Debt to Equity History and Analysis
Debt Level: CRESD's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: CRESD's debt to equity ratio has reduced from 429% to 52.8% over the past 5 years.
Debt Coverage: CRESD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CRESD earns more interest than it pays, so coverage of interest payments is not a concern.