Sociedad Comercial del Plata Balance Sheet Health
Financial Health criteria checks 6/6
Sociedad Comercial del Plata has a total shareholder equity of ARS207.1B and total debt of ARS14.9B, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are ARS323.3B and ARS116.2B respectively. Sociedad Comercial del Plata's EBIT is ARS15.3B making its interest coverage ratio -1.4. It has cash and short-term investments of ARS52.1B.
Key information
7.2%
Debt to equity ratio
AR$14.90b
Debt
Interest coverage ratio | -1.4x |
Cash | AR$52.06b |
Equity | AR$207.06b |
Total liabilities | AR$116.21b |
Total assets | AR$323.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CADN's short term assets (ARS111.8B) exceed its short term liabilities (ARS61.9B).
Long Term Liabilities: CADN's short term assets (ARS111.8B) exceed its long term liabilities (ARS54.3B).
Debt to Equity History and Analysis
Debt Level: CADN has more cash than its total debt.
Reducing Debt: CADN's debt to equity ratio has reduced from 8.3% to 7.2% over the past 5 years.
Debt Coverage: CADN's debt is well covered by operating cash flow (183.7%).
Interest Coverage: CADN earns more interest than it pays, so coverage of interest payments is not a concern.