Enka de Colombia Balance Sheet Health
Financial Health criteria checks 5/6
Enka de Colombia has a total shareholder equity of COP513.5B and total debt of COP72.1B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are COP725.8B and COP212.3B respectively. Enka de Colombia's EBIT is COP22.5B making its interest coverage ratio 2.1. It has cash and short-term investments of COP24.2B.
Key information
14.0%
Debt to equity ratio
Col$72.06b
Debt
| Interest coverage ratio | 2.1x |
| Cash | Col$24.24b |
| Equity | Col$513.45b |
| Total liabilities | Col$212.31b |
| Total assets | Col$725.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENKA's short term assets (COP229.7B) exceed its short term liabilities (COP88.6B).
Long Term Liabilities: ENKA's short term assets (COP229.7B) exceed its long term liabilities (COP123.7B).
Debt to Equity History and Analysis
Debt Level: ENKA's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: ENKA's debt to equity ratio has reduced from 22.3% to 14% over the past 5 years.
Debt Coverage: ENKA's debt is well covered by operating cash flow (180.6%).
Interest Coverage: ENKA's interest payments on its debt are not well covered by EBIT (2.1x coverage).