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Sociedad Comercial del Plata Balance Sheet Health
Financial Health criteria checks 5/6
Sociedad Comercial del Plata has a total shareholder equity of ARS449.2B and total debt of ARS18.4B, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ARS616.2B and ARS167.0B respectively. Sociedad Comercial del Plata's EBIT is ARS3.0B making its interest coverage ratio -0. It has cash and short-term investments of ARS35.1B.
Key information
4.1%
Debt to equity ratio
AR$18.36b
Debt
| Interest coverage ratio | -0.03x |
| Cash | AR$35.11b |
| Equity | AR$449.15b |
| Total liabilities | AR$167.02b |
| Total assets | AR$616.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CADN's short term assets (ARS146.5B) exceed its short term liabilities (ARS78.8B).
Long Term Liabilities: CADN's short term assets (ARS146.5B) exceed its long term liabilities (ARS88.2B).
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 6.3% to 4.1% over the past 5 years.
Debt Coverage: CADN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CADN earns more interest than it pays, so coverage of interest payments is not a concern.