Grupo Argos Balance Sheet Health
Financial Health criteria checks 4/6
Grupo Argos has a total shareholder equity of COP32,431.4B and total debt of COP12,125.5B, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are COP52,358.3B and COP19,926.9B respectively. Grupo Argos's EBIT is COP5,469.9B making its interest coverage ratio 3.6. It has cash and short-term investments of COP2,448.1B.
Key information
37.4%
Debt to equity ratio
Col$12.13t
Debt
| Interest coverage ratio | 3.6x |
| Cash | Col$2.45t |
| Equity | Col$32.43t |
| Total liabilities | Col$19.93t |
| Total assets | Col$52.36t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRUPOARGOS's short term assets (COP7,679.7B) do not cover its short term liabilities (COP8,560.2B).
Long Term Liabilities: GRUPOARGOS's short term assets (COP7,679.7B) do not cover its long term liabilities (COP11,366.7B).
Debt to Equity History and Analysis
Debt Level: GRUPOARGOS's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: GRUPOARGOS's debt to equity ratio has reduced from 67.7% to 37.4% over the past 5 years.
Debt Coverage: GRUPOARGOS's debt is well covered by operating cash flow (24.8%).
Interest Coverage: GRUPOARGOS's interest payments on its debt are well covered by EBIT (3.6x coverage).