Socovesa Balance Sheet Health
Financial Health criteria checks 2/6
Socovesa has a total shareholder equity of CLP342.8B and total debt of CLP652.3B, which brings its debt-to-equity ratio to 190.3%. Its total assets and total liabilities are CLP1,144.8B and CLP802.0B respectively. Socovesa's EBIT is CLP26.2B making its interest coverage ratio 15.5. It has cash and short-term investments of CLP14.0B.
Key information
190.3%
Debt to equity ratio
CL$652.27b
Debt
| Interest coverage ratio | 15.5x |
| Cash | CL$14.03b |
| Equity | CL$342.79b |
| Total liabilities | CL$802.03b |
| Total assets | CL$1.14t |
Recent financial health updates
Does Socovesa (SNSE:SOCOVESA) Have A Healthy Balance Sheet?
Oct 23
We Think Socovesa (SNSE:SOCOVESA) Is Taking Some Risk With Its Debt
Jul 07These 4 Measures Indicate That Socovesa (SNSE:SOCOVESA) Is Using Debt In A Risky Way
Nov 23Here's Why Socovesa (SNSE:SOCOVESA) Is Weighed Down By Its Debt Load
Jun 01Does Socovesa (SNSE:SOCOVESA) Have A Healthy Balance Sheet?
Jan 05
Recent updates
Does Socovesa (SNSE:SOCOVESA) Have A Healthy Balance Sheet?
Oct 23Socovesa (SNSE:SOCOVESA) Is Reinvesting At Lower Rates Of Return
Jul 20Socovesa (SNSE:SOCOVESA) Is Reinvesting At Lower Rates Of Return
Feb 19Why Socovesa's (SNSE:SOCOVESA) Shaky Earnings Are Just The Beginning Of Its Problems
Dec 03Here's Why We Think Socovesa (SNSE:SOCOVESA) Is Well Worth Watching
Sep 29Returns On Capital Signal Tricky Times Ahead For Socovesa (SNSE:SOCOVESA)
Sep 07We Think Socovesa (SNSE:SOCOVESA) Is Taking Some Risk With Its Debt
Jul 07Capital Allocation Trends At Socovesa (SNSE:SOCOVESA) Aren't Ideal
Jan 21These 4 Measures Indicate That Socovesa (SNSE:SOCOVESA) Is Using Debt In A Risky Way
Nov 23Socovesa (SNSE:SOCOVESA) Will Want To Turn Around Its Return Trends
Sep 09Here's Why Socovesa (SNSE:SOCOVESA) Is Weighed Down By Its Debt Load
Jun 01What Socovesa's (SNSE:SOCOVESA) Returns On Capital Can Tell Us
Jan 29Does Socovesa (SNSE:SOCOVESA) Have A Healthy Balance Sheet?
Jan 05Socovesa (SNSE:SOCOVESA) Has Gifted Shareholders With A Fantastic 104% Total Return On Their Investment
Dec 15Financial Position Analysis
Short Term Liabilities: SOCOVESA's short term assets (CLP531.4B) do not cover its short term liabilities (CLP770.8B).
Long Term Liabilities: SOCOVESA's short term assets (CLP531.4B) exceed its long term liabilities (CLP31.2B).
Debt to Equity History and Analysis
Debt Level: SOCOVESA's net debt to equity ratio (186.2%) is considered high.
Reducing Debt: SOCOVESA's debt to equity ratio has increased from 141.8% to 190.3% over the past 5 years.
Debt Coverage: SOCOVESA's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: SOCOVESA's interest payments on its debt are well covered by EBIT (15.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Socovesa S.A. is covered by 1 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 |
|---|---|
| Alex Sadzawka | BTG Pactual Chile S.A. Corredores de Bolsa |