Compañía de Empaques Balance Sheet Health
Financial Health criteria checks 4/6
Compañía de Empaques has a total shareholder equity of COP136.2B and total debt of COP116.1B, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are COP410.4B and COP274.2B respectively. Compañía de Empaques's EBIT is COP48.3B making its interest coverage ratio 5.4. It has cash and short-term investments of COP20.0B.
Key information
85.3%
Debt to equity ratio
Col$116.09b
Debt
Interest coverage ratio | 5.4x |
Cash | Col$19.97b |
Equity | Col$136.17b |
Total liabilities | Col$274.22b |
Total assets | Col$410.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMPAQUES's short term assets (COP282.6B) exceed its short term liabilities (COP194.2B).
Long Term Liabilities: EMPAQUES's short term assets (COP282.6B) exceed its long term liabilities (COP80.0B).
Debt to Equity History and Analysis
Debt Level: EMPAQUES's net debt to equity ratio (70.6%) is considered high.
Reducing Debt: EMPAQUES's debt to equity ratio has increased from 42.8% to 85.3% over the past 5 years.
Debt Coverage: EMPAQUES's debt is well covered by operating cash flow (41.7%).
Interest Coverage: EMPAQUES's interest payments on its debt are well covered by EBIT (5.4x coverage).