Agroindustrial LaredoA Balance Sheet Health
Financial Health criteria checks 5/6
Agroindustrial LaredoA has a total shareholder equity of PEN580.0M and total debt of PEN133.7M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are PEN904.3M and PEN324.3M respectively. Agroindustrial LaredoA's EBIT is PEN67.9M making its interest coverage ratio 7. It has cash and short-term investments of PEN8.0M.
Key information
23.1%
Debt to equity ratio
S/133.69m
Debt
Interest coverage ratio | 7x |
Cash | S/8.03m |
Equity | S/580.01m |
Total liabilities | S/324.31m |
Total assets | S/904.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAREDOC1's short term assets (PEN131.6M) exceed its short term liabilities (PEN108.9M).
Long Term Liabilities: LAREDOC1's short term assets (PEN131.6M) do not cover its long term liabilities (PEN215.4M).
Debt to Equity History and Analysis
Debt Level: LAREDOC1's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: LAREDOC1's debt to equity ratio has reduced from 28.1% to 23.1% over the past 5 years.
Debt Coverage: LAREDOC1's debt is well covered by operating cash flow (39.3%).
Interest Coverage: LAREDOC1's interest payments on its debt are well covered by EBIT (7x coverage).