Ternium Argentina Balance Sheet Health
Financial Health criteria checks 6/6
Ternium Argentina has a total shareholder equity of ARS4,702.8B and total debt of ARS201.1B, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ARS5,594.8B and ARS892.0B respectively. Ternium Argentina's EBIT is ARS191.6B making its interest coverage ratio -4.1. It has cash and short-term investments of ARS1,152.8B.
Key information
4.3%
Debt to equity ratio
AR$201.15b
Debt
| Interest coverage ratio | -4.1x |
| Cash | AR$1.15t |
| Equity | AR$4.70t |
| Total liabilities | AR$891.96b |
| Total assets | AR$5.59t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXARD's short term assets (ARS2,120.1B) exceed its short term liabilities (ARS821.9B).
Long Term Liabilities: TXARD's short term assets (ARS2,120.1B) exceed its long term liabilities (ARS70.0B).
Debt to Equity History and Analysis
Debt Level: TXARD has more cash than its total debt.
Reducing Debt: TXARD's debt to equity ratio has reduced from 6.2% to 4.3% over the past 5 years.
Debt Coverage: TXARD's debt is well covered by operating cash flow (40.4%).
Interest Coverage: TXARD earns more interest than it pays, so coverage of interest payments is not a concern.