Corporación América Airports Balance Sheet Health
Financial Health criteria checks 1/6
Corporación América Airports has a total shareholder equity of $862.4M and total debt of $1.5B, which brings its debt-to-equity ratio to 169.9%. Its total assets and total liabilities are $3.8B and $3.0B respectively. Corporación América Airports's EBIT is $291.0M making its interest coverage ratio 2.4. It has cash and short-term investments of $452.0M.
Key information
169.9%
Debt to equity ratio
US$1.47b
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$451.96m |
| Equity | US$862.37m |
| Total liabilities | US$2.97b |
| Total assets | US$3.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAAP N's short term assets ($647.5M) do not cover its short term liabilities ($676.3M).
Long Term Liabilities: CAAP N's short term assets ($647.5M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: CAAP N's net debt to equity ratio (117.5%) is considered high.
Reducing Debt: CAAP N's debt to equity ratio has reduced from 186.5% to 169.9% over the past 5 years.
Debt Coverage: CAAP N's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: CAAP N's interest payments on its debt are not well covered by EBIT (2.4x coverage).