Empresa Eléctrica de Magallanes Balance Sheet Health
Financial Health criteria checks 3/6
Empresa Eléctrica de Magallanes has a total shareholder equity of CLP40.4B and total debt of CLP36.3B, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are CLP104.8B and CLP64.3B respectively. Empresa Eléctrica de Magallanes's EBIT is CLP13.4B making its interest coverage ratio 5.4. It has cash and short-term investments of CLP2.6B.
Key information
89.7%
Debt to equity ratio
CL$36.26b
Debt
| Interest coverage ratio | 5.4x |
| Cash | CL$2.59b |
| Equity | CL$40.43b |
| Total liabilities | CL$64.34b |
| Total assets | CL$104.77b |
Recent financial health updates
Is Empresa Eléctrica de Magallanes (SNSE:EDELMAG) A Risky Investment?
Apr 29
Empresa Eléctrica de Magallanes (SNSE:EDELMAG) Seems To Use Debt Rather Sparingly
Jan 22
Recent updates
Why Empresa Eléctrica de Magallanes' (SNSE:EDELMAG) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 09The Returns At Empresa Eléctrica de Magallanes (SNSE:EDELMAG) Aren't Growing
May 20Is Empresa Eléctrica de Magallanes (SNSE:EDELMAG) A Risky Investment?
Apr 29Here's How We Evaluate Empresa Eléctrica de Magallanes S.A.'s (SNSE:EDELMAG) Dividend
Mar 17Shareholders Of Empresa Eléctrica de Magallanes (SNSE:EDELMAG) Must Be Happy With Their 78% Return
Feb 27The Returns At Empresa Eléctrica de Magallanes (SNSE:EDELMAG) Provide Us With Signs Of What's To Come
Feb 09Empresa Eléctrica de Magallanes (SNSE:EDELMAG) Seems To Use Debt Rather Sparingly
Jan 22Can Empresa Eléctrica de Magallanes S.A.'s (SNSE:EDELMAG) Decent Financials Help Push Its Stock Prices Higher?
Jan 04Key Things To Consider Before Buying Empresa Eléctrica de Magallanes S.A. (SNSE:EDELMAG) For Its Dividend
Dec 16Empresa Eléctrica de Magallanes S.A. (SNSE:EDELMAG) Is About To Go Ex-Dividend, And It Pays A 6.1% Yield
Nov 28Financial Position Analysis
Short Term Liabilities: EDELMAG's short term assets (CLP25.6B) do not cover its short term liabilities (CLP47.3B).
Long Term Liabilities: EDELMAG's short term assets (CLP25.6B) exceed its long term liabilities (CLP17.0B).
Debt to Equity History and Analysis
Debt Level: EDELMAG's net debt to equity ratio (83.3%) is considered high.
Reducing Debt: EDELMAG's debt to equity ratio has increased from 16.5% to 89.7% over the past 5 years.
Debt Coverage: EDELMAG's debt is well covered by operating cash flow (36.4%).
Interest Coverage: EDELMAG's interest payments on its debt are well covered by EBIT (5.4x coverage).