Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Balance Sheet Health
Financial Health criteria checks 3/6
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a total shareholder equity of ARS716.2B and total debt of ARS180.2B, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are ARS2,464.6B and ARS1,748.4B respectively.
Key information
25.2%
Debt to equity ratio
AR$180.19b
Debt
| Interest coverage ratio | n/a |
| Cash | AR$169.52b |
| Equity | AR$716.20b |
| Total liabilities | AR$1.75t |
| Total assets | AR$2.46t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EDN's short term assets (ARS504.2B) do not cover its short term liabilities (ARS637.5B).
Long Term Liabilities: EDN's short term assets (ARS504.2B) do not cover its long term liabilities (ARS1,110.9B).
Debt to Equity History and Analysis
Debt Level: EDN's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: EDN's debt to equity ratio has reduced from 35% to 25.2% over the past 5 years.
Debt Coverage: EDN's debt is well covered by operating cash flow (51.8%).
Interest Coverage: Insufficient data to determine if EDN's interest payments on its debt are well covered by EBIT.