Constructora Conconcreto Balance Sheet Health
Financial Health criteria checks 2/6
Constructora Conconcreto has a total shareholder equity of COP1,440.7B and total debt of COP768.2B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are COP3,078.7B and COP1,638.0B respectively. Constructora Conconcreto's EBIT is COP82.3B making its interest coverage ratio 1. It has cash and short-term investments of COP104.2B.
Key information
53.3%
Debt to equity ratio
Col$768.20b
Debt
| Interest coverage ratio | 1x |
| Cash | Col$104.19b |
| Equity | Col$1.44t |
| Total liabilities | Col$1.64t |
| Total assets | Col$3.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CONCONCRET's short term assets (COP1,260.4B) exceed its short term liabilities (COP921.4B).
Long Term Liabilities: CONCONCRET's short term assets (COP1,260.4B) exceed its long term liabilities (COP716.6B).
Debt to Equity History and Analysis
Debt Level: CONCONCRET's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: CONCONCRET's debt to equity ratio has increased from 41.6% to 53.3% over the past 5 years.
Debt Coverage: CONCONCRET's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: CONCONCRET's interest payments on its debt are not well covered by EBIT (1x coverage).