Corporación América Airports Balance Sheet Health
Financial Health criteria checks 3/6
Corporación América Airports has a total shareholder equity of $803.9M and total debt of $1.3B, which brings its debt-to-equity ratio to 165.8%. Its total assets and total liabilities are $3.5B and $2.7B respectively. Corporación América Airports's EBIT is $416.3M making its interest coverage ratio 9.8. It has cash and short-term investments of $457.9M.
Key information
165.8%
Debt to equity ratio
US$1.33b
Debt
| Interest coverage ratio | 9.8x |
| Cash | US$457.87m |
| Equity | US$803.91m |
| Total liabilities | US$2.74b |
| Total assets | US$3.54b |
Recent financial health updates
Corporación América Airports (NYSE:CAAP) Seems To Use Debt Quite Sensibly
Jan 12
Is Corporación América Airports (NYSE:CAAP) Using Too Much Debt?
Sep 19Here's Why Corporación América Airports (NYSE:CAAP) Has A Meaningful Debt Burden
May 22Does Corporación América Airports (NYSE:CAAP) Have A Healthy Balance Sheet?
Dec 02These 4 Measures Indicate That Corporación América Airports (NYSE:CAAP) Is Using Debt Extensively
Aug 16These 4 Measures Indicate That Corporación América Airports (NYSE:CAAP) Is Using Debt Extensively
Mar 29Recent updates
Corporación América Airports' (NYSE:CAAP) Earnings Are Of Questionable Quality
Apr 04Corporación América Airports: Risks Exist But A Cautious Buy
Feb 21There's Been No Shortage Of Growth Recently For Corporación América Airports' (NYSE:CAAP) Returns On Capital
Feb 01Corporación América Airports: Excellent Growth On Incremental Capital, Justifies 21x Earnings
Feb 01Corporación América Airports (NYSE:CAAP) Seems To Use Debt Quite Sensibly
Jan 12A Piece Of The Puzzle Missing From Corporación América Airports S.A.'s (NYSE:CAAP) 29% Share Price Climb
Dec 22Corporacion America Airports - A Lot To Like, But Not Yet A Buy
Nov 13Investors Met With Slowing Returns on Capital At Corporación América Airports (NYSE:CAAP)
Oct 10Is Corporación América Airports (NYSE:CAAP) Using Too Much Debt?
Sep 19Corporacion America Airports: Quality Operator Trading At A Discount
Aug 30At US$14.42, Is Corporación América Airports S.A. (NYSE:CAAP) Worth Looking At Closely?
Aug 19Why Corporacion America Airports Is Still Undervalued
Jul 19Corporacion America Airports: Riding Favorable Travel Trends
Jun 27Here's What To Make Of Corporación América Airports' (NYSE:CAAP) Decelerating Rates Of Return
Jun 17Here's Why Corporación América Airports (NYSE:CAAP) Has A Meaningful Debt Burden
May 22At US$11.03, Is It Time To Put Corporación América Airports S.A. (NYSE:CAAP) On Your Watch List?
Apr 27Corporación América Airports (NYSE:CAAP) Is Finding It Tricky To Allocate Its Capital
Mar 10Corporación América Airports says Jan. passenger traffic at 90% of pre-pandemic levels
Feb 15Corporacion America Airports: Vertical Takeoff With Growing Market Trend
Jan 25Corporación América Airports says Nov. passenger traffic at 87.4% of pre-pandemic levels
Dec 19Does Corporación América Airports (NYSE:CAAP) Have A Healthy Balance Sheet?
Dec 02Corporación América Airports says Oct. passenger traffic at 88.3% of pre-pandemic levels
Nov 16The Returns On Capital At Corporación América Airports (NYSE:CAAP) Don't Inspire Confidence
Nov 06CAAP records September passenger traffic at 85.4% of pre-pandemic levels
Oct 17Corporación América Airports reports 76% increase in August passenger traffic
Sep 16Corporación América Airports says July passenger traffic at 78.9% of pre-pandemic levels
Aug 16These 4 Measures Indicate That Corporación América Airports (NYSE:CAAP) Is Using Debt Extensively
Aug 16Corporación América Airports: A Deep Value Play
Aug 10Corporación América Airports reports increase in June passenger traffic
Jul 18These 4 Measures Indicate That Corporación América Airports (NYSE:CAAP) Is Using Debt Extensively
Mar 29Corporación América Airports: Significant Upside Potential For Patient Investors
Sep 09Is Corporación América Airports (NYSE:CAAP) Using Too Much Debt?
Jul 17Corporación América Airports' May passenger traffic up 12.8x Y/Y, down 73.6% compared 2019
Jun 16One Analyst Just Shaved Their Corporación América Airports S.A. (NYSE:CAAP) Forecasts Dramatically
May 21Corporación América Airports S.A. (NYSE:CAAP) Analysts Are Pretty Bullish On The Stock After Recent Results
Apr 01Did You Miss Corporación América Airports' (NYSE:CAAP) 83% Share Price Gain?
Mar 12Is Corporación América Airports (NYSE:CAAP) Using Debt Sensibly?
Jan 18Corporación America Airports reports traffic decline of 68.8% in December
Jan 13Corporacion America Airports Has More Downside Risk Than Upside
Jan 08Corporación América Airports reports traffic decline of 77.1% in November
Dec 16Corporación América Airports S.A. (NYSE:CAAP) Shares Could Be 25% Below Their Intrinsic Value Estimate
Nov 27
Corporación América Airports S.A. 2020 Q3 - Results - Earnings Call Presentation
Nov 19Financial Position Analysis
Short Term Liabilities: CAAP's short term assets ($749.9M) exceed its short term liabilities ($685.9M).
Long Term Liabilities: CAAP's short term assets ($749.9M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: CAAP's net debt to equity ratio (108.9%) is considered high.
Reducing Debt: CAAP's debt to equity ratio has increased from 92.1% to 165.8% over the past 5 years.
Debt Coverage: CAAP's debt is well covered by operating cash flow (26.7%).
Interest Coverage: CAAP's interest payments on its debt are well covered by EBIT (9.8x coverage).