Ternium Argentina Balance Sheet Health
Financial Health criteria checks 6/6
Ternium Argentina has a total shareholder equity of ARS4,158.6B and total debt of ARS70.1B, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ARS4,773.3B and ARS614.6B respectively. Ternium Argentina's EBIT is ARS270.7B making its interest coverage ratio -23.8. It has cash and short-term investments of ARS1,081.5B.
Key information
1.7%
Debt to equity ratio
AR$70.05b
Debt
Interest coverage ratio | -23.8x |
Cash | AR$1.08t |
Equity | AR$4.16t |
Total liabilities | AR$614.64b |
Total assets | AR$4.77t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXAR's short term assets (ARS1,786.0B) exceed its short term liabilities (ARS555.3B).
Long Term Liabilities: TXAR's short term assets (ARS1,786.0B) exceed its long term liabilities (ARS59.4B).
Debt to Equity History and Analysis
Debt Level: TXAR has more cash than its total debt.
Reducing Debt: TXAR's debt to equity ratio has reduced from 6.5% to 1.7% over the past 5 years.
Debt Coverage: TXAR's debt is well covered by operating cash flow (387%).
Interest Coverage: TXAR earns more interest than it pays, so coverage of interest payments is not a concern.