Enka de Colombia Balance Sheet Health
Financial Health criteria checks 6/6
Enka de Colombia has a total shareholder equity of COP502.8B and total debt of COP52.2B, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are COP708.7B and COP205.9B respectively. Enka de Colombia's EBIT is COP16.1B making its interest coverage ratio 3.1. It has cash and short-term investments of COP51.7B.
Key information
10.4%
Debt to equity ratio
Col$52.21b
Debt
| Interest coverage ratio | 3.1x |
| Cash | Col$51.65b |
| Equity | Col$502.80b |
| Total liabilities | Col$205.93b |
| Total assets | Col$708.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENKA's short term assets (COP223.2B) exceed its short term liabilities (COP94.5B).
Long Term Liabilities: ENKA's short term assets (COP223.2B) exceed its long term liabilities (COP111.4B).
Debt to Equity History and Analysis
Debt Level: ENKA's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: ENKA's debt to equity ratio has reduced from 18.4% to 10.4% over the past 5 years.
Debt Coverage: ENKA's debt is well covered by operating cash flow (311.3%).
Interest Coverage: ENKA's interest payments on its debt are well covered by EBIT (3.1x coverage).