IRSIRSA Inversiones y Representaciones Sociedad Anónima
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -91% · now 25% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can IRS take a bad year?
IRSA Inversiones y Representaciones Sociedad Anónima carries $761.3B of net debt at 4.16× EBITDA: a heavy load to carry through a bad year.
Net debt · as at FY2025 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.16×
Net debt / EBITDA
- Interest cover
- 4.38×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 50%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2025
- $1.16T
- Cash and short-term investments
- $395.6B
- Net debt
- $761.3B
- EBITDA, trailing twelve months
- $183.1B
- Operating profit, trailing twelve months
- $172.6B
- Debt / equity
- 0.73×
- Total debt / EBITDA
- 6.32×
- Annualised volatilitytwo years of daily moves
- 50%
- Worst drawdown on file
- −91%
- Below its 52-week high
- 25%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Real Estate Services
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