Grupo Argos Balance Sheet Health
Financial Health criteria checks 5/6
Grupo Argos has a total shareholder equity of COP31,076.6B and total debt of COP11,959.0B, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are COP51,171.0B and COP20,094.4B respectively. Grupo Argos's EBIT is COP5,292.6B making its interest coverage ratio 3.1. It has cash and short-term investments of COP3,902.3B.
Key information
38.5%
Debt to equity ratio
Col$11.96t
Debt
Interest coverage ratio | 3.1x |
Cash | Col$3.90t |
Equity | Col$31.08t |
Total liabilities | Col$20.09t |
Total assets | Col$51.17t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFGRUPOARG's short term assets (COP8,741.9B) exceed its short term liabilities (COP8,659.6B).
Long Term Liabilities: PFGRUPOARG's short term assets (COP8,741.9B) do not cover its long term liabilities (COP11,434.8B).
Debt to Equity History and Analysis
Debt Level: PFGRUPOARG's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: PFGRUPOARG's debt to equity ratio has reduced from 65.4% to 38.5% over the past 5 years.
Debt Coverage: PFGRUPOARG's debt is well covered by operating cash flow (36.2%).
Interest Coverage: PFGRUPOARG's interest payments on its debt are well covered by EBIT (3.1x coverage).