Corporación América Airports Balance Sheet Health
Financial Health criteria checks 4/6
Corporación América Airports has a total shareholder equity of $1.5B and total debt of $1.2B, which brings its debt-to-equity ratio to 83.1%. Its total assets and total liabilities are $4.3B and $2.8B respectively. Corporación América Airports's EBIT is $408.3M making its interest coverage ratio 8.8. It has cash and short-term investments of $604.9M.
Key information
83.1%
Debt to equity ratio
US$1.23b
Debt
| Interest coverage ratio | 8.8x |
| Cash | US$604.94m |
| Equity | US$1.48b |
| Total liabilities | US$2.84b |
| Total assets | US$4.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAAP's short term assets ($851.7M) exceed its short term liabilities ($662.4M).
Long Term Liabilities: CAAP's short term assets ($851.7M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: CAAP's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: CAAP's debt to equity ratio has reduced from 101.3% to 83.1% over the past 5 years.
Debt Coverage: CAAP's debt is well covered by operating cash flow (33%).
Interest Coverage: CAAP's interest payments on its debt are well covered by EBIT (8.8x coverage).