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 $1.9B and total debt of $371.3M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are $2.3B and $394.3M respectively. Sociedad de Inversiones Oro Blanco's EBIT is $750.0K making its interest coverage ratio -0.2. It has cash and short-term investments of $32.6M.
Key information
19.4%
Debt to equity ratio
US$371.26m
Debt
| Interest coverage ratio | -0.2x |
| Cash | US$32.63m |
| Equity | US$1.91b |
| Total liabilities | US$394.33m |
| Total assets | US$2.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORO BLANCO's short term assets ($35.3M) exceed its short term liabilities ($2.1M).
Long Term Liabilities: ORO BLANCO's short term assets ($35.3M) do not cover its long term liabilities ($392.2M).
Debt to Equity History and Analysis
Debt Level: ORO BLANCO's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: ORO BLANCO's debt to equity ratio has reduced from 52.2% to 19.4% over the past 5 years.
Debt Coverage: ORO BLANCO's debt is well covered by operating cash flow (34.1%).
Interest Coverage: ORO BLANCO earns more interest than it pays, so coverage of interest payments is not a concern.