Corporación América Airports Balance Sheet Health
Financial Health criteria checks 3/6
Corporación América Airports has a total shareholder equity of $1.2B and total debt of $1.3B, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are $4.0B and $2.8B respectively. Corporación América Airports's EBIT is $439.1M making its interest coverage ratio 12.7. It has cash and short-term investments of $545.1M.
Key information
104.0%
Debt to equity ratio
US$1.29b
Debt
Interest coverage ratio | 12.7x |
Cash | US$545.06m |
Equity | US$1.24b |
Total liabilities | US$2.78b |
Total assets | US$4.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAAP's short term assets ($764.5M) exceed its short term liabilities ($671.9M).
Long Term Liabilities: CAAP's short term assets ($764.5M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: CAAP's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: CAAP's debt to equity ratio has increased from 93.8% to 104% over the past 5 years.
Debt Coverage: CAAP's debt is well covered by operating cash flow (35.7%).
Interest Coverage: CAAP's interest payments on its debt are well covered by EBIT (12.7x coverage).