Holcim (Argentina) Balance Sheet Health
Financial Health criteria checks 5/6
Holcim (Argentina) has a total shareholder equity of ARS200.5B and total debt of ARS58.0M, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are ARS313.8B and ARS113.3B respectively. Holcim (Argentina)'s EBIT is ARS39.2B making its interest coverage ratio -2.3. It has cash and short-term investments of ARS18.6B.
Key information
0.03%
Debt to equity ratio
AR$58.00m
Debt
Interest coverage ratio | -2.3x |
Cash | AR$18.61b |
Equity | AR$200.50b |
Total liabilities | AR$113.31b |
Total assets | AR$313.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HARG's short term assets (ARS59.2B) do not cover its short term liabilities (ARS68.3B).
Long Term Liabilities: HARG's short term assets (ARS59.2B) exceed its long term liabilities (ARS45.1B).
Debt to Equity History and Analysis
Debt Level: HARG has more cash than its total debt.
Reducing Debt: HARG's debt to equity ratio has reduced from 9.5% to 0.03% over the past 5 years.
Debt Coverage: HARG's debt is well covered by operating cash flow (124377.6%).
Interest Coverage: HARG earns more interest than it pays, so coverage of interest payments is not a concern.