Inversiones Covadonga Balance Sheet Health
Financial Health criteria checks 5/6
Inversiones Covadonga has a total shareholder equity of CLP12.1B and total debt of CLP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CLP14.7B and CLP2.5B respectively. Inversiones Covadonga's EBIT is CLP1.1B making its interest coverage ratio 846.6. It has cash and short-term investments of CLP542.2M.
Key information
0%
Debt to equity ratio
CL$0
Debt
| Interest coverage ratio | 846.6x |
| Cash | CL$542.18m |
| Equity | CL$12.15b |
| Total liabilities | CL$2.55b |
| Total assets | CL$14.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COVADONGA's short term assets (CLP779.2M) exceed its short term liabilities (CLP257.9M).
Long Term Liabilities: COVADONGA's short term assets (CLP779.2M) do not cover its long term liabilities (CLP2.3B).
Debt to Equity History and Analysis
Debt Level: COVADONGA is debt free.
Reducing Debt: COVADONGA has not had any debt for past 5 years.
Debt Coverage: COVADONGA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: COVADONGA has no debt, therefore coverage of interest payments is not a concern.