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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.

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/11/03 13:46
End of Day Share Price	2024/11/01 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sociedad Comercial del Plata S.A. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Natalia Silveira	Allaria Ledesma & Cia Sociedad de Bolsa S.A.
Federico Rey-Marino	Raymond James Latin America S.A