Fiplasto Balance Sheet Health
Financial Health criteria checks 5/6
Fiplasto has a total shareholder equity of ARS4.5B and total debt of ARS399.7M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ARS7.9B and ARS3.4B respectively. Fiplasto's EBIT is ARS7.0B making its interest coverage ratio 53.4. It has cash and short-term investments of ARS2.4B.
Key information
8.9%
Debt to equity ratio
AR$399.74m
Debt
Interest coverage ratio | 53.4x |
Cash | AR$2.45b |
Equity | AR$4.51b |
Total liabilities | AR$3.43b |
Total assets | AR$7.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FIPL's short term assets (ARS4.3B) exceed its short term liabilities (ARS1.7B).
Long Term Liabilities: FIPL's short term assets (ARS4.3B) exceed its long term liabilities (ARS1.7B).
Debt to Equity History and Analysis
Debt Level: FIPL has more cash than its total debt.
Reducing Debt: FIPL's debt to equity ratio has reduced from 148% to 8.9% over the past 5 years.
Debt Coverage: FIPL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FIPL's interest payments on its debt are well covered by EBIT (53.4x coverage).