Blanco y Negro Balance Sheet Health
Financial Health criteria checks 1/6
Blanco y Negro has a total shareholder equity of CLP16.9B and total debt of CLP2.8B, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are CLP50.1B and CLP33.2B respectively. Blanco y Negro's EBIT is CLP4.1B making its interest coverage ratio 2.2. It has cash and short-term investments of CLP84.8M.
Key information
16.4%
Debt to equity ratio
CL$2.76b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CL$84.75m |
| Equity | CL$16.89b |
| Total liabilities | CL$33.18b |
| Total assets | CL$50.07b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: COLO COLO's short term assets (CLP8.9B) do not cover its short term liabilities (CLP14.9B).
Long Term Liabilities: COLO COLO's short term assets (CLP8.9B) do not cover its long term liabilities (CLP18.3B).
Debt to Equity History and Analysis
Debt Level: COLO COLO's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: COLO COLO's debt to equity ratio has increased from 0% to 16.4% over the past 5 years.
Debt Coverage: COLO COLO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: COLO COLO's interest payments on its debt are not well covered by EBIT (2.2x coverage).