Is it safe?
Can AGRO take a bad year?
Adecoagro S.A. carries $494M of net debt at 1.33× EBITDA: a load its earnings can carry.
$494M
Net debt · as at FY2024 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.33×
Net debt / EBITDA · 1.01× a year ago · the load is going up
- Interest cover
- 4.46×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 44%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2024
- $780M
- Cash and short-term investments
- $285M
- Net debt
- $494M
- EBITDA, trailing twelve months
- $371M
- Operating profit, trailing twelve months
- $182M
- Debt / equity
- 0.57×
- Total debt / EBITDA
- 2.10×
- Annualised volatilitytwo years of daily moves
- 44%
- Worst drawdown on file
- −72%
- Below its 52-week high
- −27%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Farm Products
Ranks #6 of 6 by Smart Score