Blanco y Negro Balance Sheet Health
Financial Health criteria checks 1/6
Blanco y Negro has a total shareholder equity of CLP16.7B and total debt of CLP3.0B, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are CLP56.7B and CLP40.0B respectively. Blanco y Negro's EBIT is CLP3.4B making its interest coverage ratio 2. It has cash and short-term investments of CLP314.2M.
Key information
18.3%
Debt to equity ratio
CL$3.05b
Debt
| Interest coverage ratio | 2x |
| Cash | CL$314.18m |
| Equity | CL$16.70b |
| Total liabilities | CL$40.02b |
| Total assets | CL$56.72b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: COLO COLO's short term assets (CLP14.9B) do not cover its short term liabilities (CLP21.7B).
Long Term Liabilities: COLO COLO's short term assets (CLP14.9B) 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 (16.4%) is considered satisfactory.
Reducing Debt: COLO COLO's debt to equity ratio has increased from 0% to 18.3% 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 (2x coverage).