Sociedad de Inversiones Oro Blanco Balance Sheet Health
Financial Health criteria checks 5/6
Sociedad de Inversiones Oro Blanco has a total shareholder equity of $2.0B and total debt of $373.8M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are $2.5B and $450.5M respectively. Sociedad de Inversiones Oro Blanco's EBIT is $3.7M making its interest coverage ratio -0.8. It has cash and short-term investments of $88.3M.
Key information
18.3%
Debt to equity ratio
US$373.84m
Debt
Interest coverage ratio | -0.8x |
Cash | US$88.27m |
Equity | US$2.04b |
Total liabilities | US$450.55m |
Total assets | US$2.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORO BLANCO's short term assets ($112.3M) exceed its short term liabilities ($61.5M).
Long Term Liabilities: ORO BLANCO's short term assets ($112.3M) do not cover its long term liabilities ($389.1M).
Debt to Equity History and Analysis
Debt Level: ORO BLANCO's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: ORO BLANCO's debt to equity ratio has reduced from 55.4% to 18.3% over the past 5 years.
Debt Coverage: ORO BLANCO's debt is well covered by operating cash flow (83.4%).
Interest Coverage: ORO BLANCO earns more interest than it pays, so coverage of interest payments is not a concern.