MetroGAS Balance Sheet Health
Financial Health criteria checks 4/6
MetroGAS has a total shareholder equity of ARS350.2B and total debt of ARS31.0B, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ARS649.4B and ARS299.2B respectively. MetroGAS's EBIT is ARS11.2B making its interest coverage ratio 0.1. It has cash and short-term investments of ARS31.6B.
Key information
8.9%
Debt to equity ratio
AR$31.02b
Debt
Interest coverage ratio | 0.1x |
Cash | AR$31.61b |
Equity | AR$350.17b |
Total liabilities | AR$299.22b |
Total assets | AR$649.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: METR's short term assets (ARS80.6B) do not cover its short term liabilities (ARS222.7B).
Long Term Liabilities: METR's short term assets (ARS80.6B) exceed its long term liabilities (ARS76.5B).
Debt to Equity History and Analysis
Debt Level: METR has more cash than its total debt.
Reducing Debt: METR's debt to equity ratio has reduced from 70.1% to 8.9% over the past 5 years.
Debt Coverage: METR's debt is well covered by operating cash flow (219.3%).
Interest Coverage: METR's interest payments on its debt are not well covered by EBIT (0.1x coverage).