Siderúrgica Venezolana Sivensa Balance Sheet Health
Financial Health criteria checks 2/6
Siderúrgica Venezolana Sivensa has a total shareholder equity of VES33.0B and total debt of VES2.9B, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are VES39.3B and VES6.3B respectively.
Key information
8.7%
Debt to equity ratio
2.87b
Debt
Interest coverage ratio | n/a |
Cash | 245.08m |
Equity | 33.00b |
Total liabilities | 6.35b |
Total assets | 39.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SVS's short term assets (VES260.5M) do not cover its short term liabilities (VES5.8B).
Long Term Liabilities: SVS's short term assets (VES260.5M) do not cover its long term liabilities (VES538.9M).
Debt to Equity History and Analysis
Debt Level: SVS's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: SVS's debt to equity ratio has reduced from 8.9% to 8.7% over the past 5 years.
Debt Coverage: SVS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SVS's interest payments on its debt are well covered by EBIT.