Acerías Paz del Río S. A Balance Sheet Health
Financial Health criteria checks 5/6
Acerías Paz del Río S. A has a total shareholder equity of COP972.9B and total debt of COP260.0B, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are COP1,922.2B and COP949.3B respectively. Acerías Paz del Río S. A's EBIT is COP57.2B making its interest coverage ratio 0.7. It has cash and short-term investments of COP28.2B.
Key information
26.7%
Debt to equity ratio
Col$260.03b
Debt
| Interest coverage ratio | 0.7x |
| Cash | Col$28.20b |
| Equity | Col$972.87b |
| Total liabilities | Col$949.30b |
| Total assets | Col$1.92t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAZRIO's short term assets (COP506.7B) do not cover its short term liabilities (COP628.6B).
Long Term Liabilities: PAZRIO's short term assets (COP506.7B) exceed its long term liabilities (COP320.7B).
Debt to Equity History and Analysis
Debt Level: PAZRIO's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: PAZRIO's debt to equity ratio has reduced from 135.7% to 26.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PAZRIO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PAZRIO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.2% per year.