Aluar Aluminio ArgentinoI.C Balance Sheet Health
Financial Health criteria checks 5/6
Aluar Aluminio ArgentinoI.C has a total shareholder equity of ARS1,298.4B and total debt of ARS645.0B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are ARS2,235.7B and ARS937.3B respectively. Aluar Aluminio ArgentinoI.C's EBIT is ARS208.0B making its interest coverage ratio 97.3. It has cash and short-term investments of ARS261.4B.
Key information
49.7%
Debt to equity ratio
AR$645.01b
Debt
| Interest coverage ratio | 97.3x |
| Cash | AR$261.43b |
| Equity | AR$1.30t |
| Total liabilities | AR$937.28b |
| Total assets | AR$2.24t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALUAD's short term assets (ARS1,373.1B) exceed its short term liabilities (ARS366.1B).
Long Term Liabilities: ALUAD's short term assets (ARS1,373.1B) exceed its long term liabilities (ARS571.2B).
Debt to Equity History and Analysis
Debt Level: ALUAD's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: ALUAD's debt to equity ratio has reduced from 93.4% to 49.7% over the past 5 years.
Debt Coverage: ALUAD's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: ALUAD's interest payments on its debt are well covered by EBIT (97.3x coverage).