Loma Negra Compañía Industrial Argentina Sociedad Anónima Balance Sheet Health
Financial Health criteria checks 2/6
Loma Negra Compañía Industrial Argentina Sociedad Anónima has a total shareholder equity of ARS294.2B and total debt of ARS147.4B, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are ARS638.8B and ARS344.6B respectively. Loma Negra Compañía Industrial Argentina Sociedad Anónima's EBIT is ARS62.6B making its interest coverage ratio 1.2. It has cash and short-term investments of ARS6.7B.
Key information
50.1%
Debt to equity ratio
AR$147.37b
Debt
Interest coverage ratio | 1.2x |
Cash | AR$6.73b |
Equity | AR$294.22b |
Total liabilities | AR$344.62b |
Total assets | AR$638.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOMA's short term assets (ARS127.7B) exceed its short term liabilities (ARS117.4B).
Long Term Liabilities: LOMA's short term assets (ARS127.7B) do not cover its long term liabilities (ARS227.3B).
Debt to Equity History and Analysis
Debt Level: LOMA's net debt to equity ratio (47.8%) is considered high.
Reducing Debt: LOMA's debt to equity ratio has increased from 36% to 50.1% over the past 5 years.
Debt Coverage: LOMA's debt is well covered by operating cash flow (57.7%).
Interest Coverage: LOMA's interest payments on its debt are not well covered by EBIT (1.2x coverage).