Aluar Aluminio ArgentinoI.C Balance Sheet Health
Financial Health criteria checks 3/6
Aluar Aluminio ArgentinoI.C has a total shareholder equity of ARS563.4B and total debt of ARS412.7B, which brings its debt-to-equity ratio to 73.2%. Its total assets and total liabilities are ARS1,100.7B and ARS537.2B respectively. Aluar Aluminio ArgentinoI.C's EBIT is ARS51.2B making its interest coverage ratio 5.2. It has cash and short-term investments of ARS179.2B.
Key information
73.2%
Debt to equity ratio
AR$412.72b
Debt
Interest coverage ratio | 5.2x |
Cash | AR$179.22b |
Equity | AR$563.44b |
Total liabilities | AR$537.23b |
Total assets | AR$1.10t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALUA's short term assets (ARS671.1B) exceed its short term liabilities (ARS211.9B).
Long Term Liabilities: ALUA's short term assets (ARS671.1B) exceed its long term liabilities (ARS325.3B).
Debt to Equity History and Analysis
Debt Level: ALUA's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: ALUA's debt to equity ratio has increased from 62.7% to 73.2% over the past 5 years.
Debt Coverage: ALUA's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: ALUA's interest payments on its debt are well covered by EBIT (5.2x coverage).