Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Balance Sheet Health
Financial Health criteria checks 2/6
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a total shareholder equity of ARS1,119.5B and total debt of ARS326.6B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are ARS3,505.3B and ARS2,385.8B respectively. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's EBIT is ARS37.5B making its interest coverage ratio 0.3. It has cash and short-term investments of ARS276.1B.
Key information
29.2%
Debt to equity ratio
AR$326.57b
Debt
| Interest coverage ratio | 0.3x |
| Cash | AR$276.06b |
| Equity | AR$1.12t |
| Total liabilities | AR$2.39t |
| Total assets | AR$3.51t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EDN's short term assets (ARS798.6B) do not cover its short term liabilities (ARS974.1B).
Long Term Liabilities: EDN's short term assets (ARS798.6B) do not cover its long term liabilities (ARS1,411.7B).
Debt to Equity History and Analysis
Debt Level: EDN's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: EDN's debt to equity ratio has increased from 22.1% to 29.2% over the past 5 years.
Debt Coverage: EDN's debt is well covered by operating cash flow (21.5%).
Interest Coverage: EDN's interest payments on its debt are not well covered by EBIT (0.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gustavo Faria | BofA Global Research |
| Gustavo Fingeret | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |
| null CMA Research Department | Capital Markets Argentina |