Corporacion Aceros Arequipa Balance Sheet Health
Financial Health criteria checks 3/6
Corporacion Aceros Arequipa has a total shareholder equity of PEN2.8B and total debt of PEN1.8B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are PEN6.2B and PEN3.4B respectively. Corporacion Aceros Arequipa's EBIT is PEN348.7M making its interest coverage ratio 2.6. It has cash and short-term investments of PEN513.3M.
Key information
63.7%
Debt to equity ratio
S/1.81b
Debt
| Interest coverage ratio | 2.6x |
| Cash | S/513.27m |
| Equity | S/2.84b |
| Total liabilities | S/3.41b |
| Total assets | S/6.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CORAREI1's short term assets (PEN2.5B) exceed its short term liabilities (PEN2.0B).
Long Term Liabilities: CORAREI1's short term assets (PEN2.5B) exceed its long term liabilities (PEN1.4B).
Debt to Equity History and Analysis
Debt Level: CORAREI1's net debt to equity ratio (45.6%) is considered high.
Reducing Debt: CORAREI1's debt to equity ratio has increased from 40.5% to 63.7% over the past 5 years.
Debt Coverage: CORAREI1's debt is well covered by operating cash flow (59.3%).
Interest Coverage: CORAREI1's interest payments on its debt are not well covered by EBIT (2.6x coverage).