Socovesa Balance Sheet Health
Financial Health criteria checks 2/6
Socovesa has a total shareholder equity of CLP350.3B and total debt of CLP683.1B, which brings its debt-to-equity ratio to 195%. Its total assets and total liabilities are CLP1,201.3B and CLP851.0B respectively. Socovesa's EBIT is CLP22.3B making its interest coverage ratio 5.8. It has cash and short-term investments of CLP4.7B.
Key information
195.0%
Debt to equity ratio
CL$683.12b
Debt
| Interest coverage ratio | 5.8x |
| Cash | CL$4.73b |
| Equity | CL$350.30b |
| Total liabilities | CL$850.96b |
| Total assets | CL$1.20t |
Recent financial health updates
We Think Socovesa (SNSE:SOCOVESA) Is Taking Some Risk With Its Debt
Jul 07
These 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
Socovesa (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 (CLP592.5B) do not cover its short term liabilities (CLP819.0B).
Long Term Liabilities: SOCOVESA's short term assets (CLP592.5B) exceed its long term liabilities (CLP32.0B).
Debt to Equity History and Analysis
Debt Level: SOCOVESA's net debt to equity ratio (193.7%) is considered high.
Reducing Debt: SOCOVESA's debt to equity ratio has increased from 134.2% to 195% over the past 5 years.
Debt Coverage: SOCOVESA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SOCOVESA's interest payments on its debt are well covered by EBIT (5.8x coverage).