Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Balance Sheet Health
Financial Health criteria checks 2/6
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a total shareholder equity of ARS896.5B and total debt of ARS215.2B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are ARS2,987.1B and ARS2,090.6B respectively. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's EBIT is ARS14.3B making its interest coverage ratio 0.1. It has cash and short-term investments of ARS197.5B.
Key information
24.0%
Debt to equity ratio
AR$215.21b
Debt
| Interest coverage ratio | 0.07x |
| Cash | AR$197.46b |
| Equity | AR$896.50b |
| Total liabilities | AR$2.09t |
| Total assets | AR$2.99t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDND's short term assets (ARS619.0B) do not cover its short term liabilities (ARS813.4B).
Long Term Liabilities: EDND's short term assets (ARS619.0B) do not cover its long term liabilities (ARS1,277.1B).
Debt to Equity History and Analysis
Debt Level: EDND's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: EDND's debt to equity ratio has increased from 18% to 24% over the past 5 years.
Debt Coverage: EDND's debt is well covered by operating cash flow (41.8%).
Interest Coverage: EDND's interest payments on its debt are not well covered by EBIT (0.1x coverage).