Corporación América Airports Balance Sheet Health
Financial Health criteria checks 3/6
Corporación América Airports has a total shareholder equity of $1.4B and total debt of $1.2B, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are $4.1B and $2.7B respectively. Corporación América Airports's EBIT is $433.7M making its interest coverage ratio 12.4. It has cash and short-term investments of $548.5M.
Key information
85.5%
Debt to equity ratio
US$1.22b
Debt
| Interest coverage ratio | 12.4x |
| Cash | US$548.54m |
| Equity | US$1.43b |
| Total liabilities | US$2.69b |
| Total assets | US$4.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAAPD's short term assets ($759.3M) exceed its short term liabilities ($575.7M).
Long Term Liabilities: CAAPD's short term assets ($759.3M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: CAAPD's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: CAAPD's debt to equity ratio has increased from 84.2% to 85.5% over the past 5 years.
Debt Coverage: CAAPD's debt is well covered by operating cash flow (36.3%).
Interest Coverage: CAAPD's interest payments on its debt are well covered by EBIT (12.4x coverage).