Adecoagro S.A. (AGRO) quarterly balance sheet — complete assets, liabilities & equity history
Adecoagro S.A. (AGRO) balance sheet — 19-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 1.36B | 1.24B | 1.42B | 1.36B | 1.01B | 1.1B | 1.02B | 1.07B | 1.02B | 1.01B | 1.06B | 1.2B | 1.04B | 886.91M | 1.02B | 1.01B | 956.7M | 861.35M | 761.8M | 789.78M |
| Cash & Short-Term Investments | 330.51M | 172.53M | 472.98M | 365.46M | 205.67M | 238.97M | 211.24M | 213.61M | 198.93M | 181.62M | 339.78M | 389.74M | 236.34M | 152.83M | 329.22M | 238.73M | 188.35M | 142.92M | 199.77M | 189.7M |
| Cash Only | 302.46M | 172.53M | 383.15M | 340M | 180.61M | 179.53M | 211.24M | 198.25M | 140.31M | 135.51M | 339.78M | 349.81M | 196.61M | 85.87M | 230.65M | 159.36M | 188.35M | 142.92M | 199.77M | 189.7M |
| Short-Term Investments | 28.04M | 0 | 89.83M | 25.46M | 25.07M | 59.44M | 0 | 15.35M | 58.62M | 46.11M | 0 | 39.93M | 39.73M | 66.96M | 98.57M | 79.36M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 281.82M | 292.64M | 299.34M | 202.69M | 210.5M | 244.56M | 159.32M | 208.57M | 149.23M | 157M | 129.28M | 177.03M | 159.74M | 137.13M | 133.98M | 186.49M | 163.17M | 165.07M | 117.37M | 150.99M |
| Days Sales Outstanding | 49.22 | 66.82 | 55.52 | 62.48 | 54.19 | 55.83 | 45.22 | 34.91 | 33.87 | 49.76 | 53.38 | 40.15 | 33.53 | 49.54 | 39.67 | 41.66 | 38.93 | 61.59 | 36.94 | 41.47 |
| Inventory | 658.36M | 629.59M | 624.52M | 647.13M | 505.49M | 523.58M | 540.19M | 583.33M | 662.61M | 599.84M | 460.38M | 568.18M | 634.03M | 580.59M | 552.81M | 576.7M | 595.8M | 542.78M | 434.42M | 418.31M |
| Days Inventory Outstanding | 163.78 | 201.47 | 182.74 | 268.57 | 152.28 | 190.37 | 181.27 | 162.23 | 195.09 | 318.93 | 206.23 | 215.83 | 209.57 | 380.29 | 200.76 | 207.39 | 187.59 | 505.01 | 171.16 | 206.5 |
| Other Current Assets | 62.98M | 57.06M | 1.24M | 125.82M | 6.9M | 6.83M | 50.21M | 85K | 2.18M | 3.38M | 76.47M | 59.58M | 1.22M | 185K | 134K | 890K | 195K | 250K | 836K | 20K |
| Total Non-Current Assets | 3.89B | 3.94B | 3.83B | 2.28B | 2.27B | 2.25B | 2.1B | 2.16B | 2.12B | 2.22B | 2.11B | 2.16B | 2.26B | 2.18B | 2.09B | 2.04B | 2.06B | 2.13B | 1.82B | 1.81B |
| Property, Plant & Equipment | 3.48B | 3.49B | 3.44B | 2.12B | 2.11B | 2.07B | 1.92B | 2.03B | 1.99B | 2.08B | 1.96B | 1.99B | 2.11B | 2.05B | 1.96B | 1.91B | 1.93B | 1.99B | 1.7B | 1.66B |
| Fixed Asset Turnover | 0.15x | 0.11x | 0.15x | 0.14x | 0.18x | 0.16x | 0.19x | 0.23x | 0.20x | 0.13x | 0.13x | 0.19x | 0.19x | 0.12x | 0.19x | 0.20x | 0.20x | 0.11x | 0.20x | 0.19x |
| Goodwill | 230.31M | 230.36M | 227.77M | 19.35M | 20.48M | 21.24M | 20.24M | 20.46M | 19.55M | 18.37M | 14.31M | 19.13M | 19.46M | 19.11M | 18.54M | 18.76M | 18.37M | 18.26M | 16.63M | 16.02M |
| Intangible Assets | 26.52M | 27.43M | 26.11M | 16.07M | 16.94M | 17.48M | 16.99M | 17.76M | 17.13M | 16.76M | 13.21M | 20.31M | 18.09M | 17.86M | 17.58M | 17.27M | 16.72M | 16.12M | 14.71M | 14.22M |
| Long-Term Investments | 0 | 0 | 29.47M | 47.5M | 42.41M | 43.88M | 0 | 53.73M | 55.52M | 60.78M | 0 | 79.15M | 53.16M | 53.12M | 51.61M | 76.48M | 51.27M | 52.53M | 48.15M | 82.79M |
| Other Non-Current Assets | 145.24M | 167.27M | 82.8M | 56.32M | 59.39M | 49.66M | 124.71M | 35.02M | 34.24M | 29.1M | 115.65M | 34.07M | 37.52M | 33.71M | 33.19M | 1.62M | 30.16M | 34.81M | 28.04M | 21.35M |
| Total Assets | 5.25B | 5.19B | 5.25B | 3.65B | 3.28B | 3.35B | 3.11B | 3.23B | 3.15B | 3.22B | 3.16B | 3.36B | 3.3B | 3.06B | 3.11B | 3.06B | 3.01B | 3B | 2.58B | 2.6B |
| Asset Turnover | 0.10x | 0.08x | 0.09x | 0.09x | 0.12x | 0.10x | 0.12x | 0.15x | 0.13x | 0.08x | 0.08x | 0.12x | 0.13x | 0.08x | 0.12x | 0.13x | 0.13x | 0.07x | 0.13x | 0.13x |
| Asset Growth % | 60.11% | 54.78% | 68.51% | 12.93% | 4.11% | 3.95% | -1.58% | -3.95% | -4.6% | 5.21% | 1.8% | 9.97% | 9.45% | 2.25% | 20.39% | 17.73% | 16.49% | 22.07% | 4.04% | 13.6% |
| Total Current Liabilities | 787.53M | 715.36M | 1.03B | 486.1M | 531.11M | 555.4M | 400.32M | 444.79M | 422.52M | 350.17M | 494.05M | 637M | 614.11M | 494.89M | 610.85M | 562.73M | 550.05M | 441.79M | 357.43M | 393.61M |
| Accounts Payable | 152.71M | 179.62M | 226.57M | 169.04M | 183.92M | 148.71M | 173.16M | 138.21M | 135.95M | 137.83M | 140.95M | 135.26M | 142.43M | 153.14M | 193.13M | 132.14M | 157.75M | 155.48M | 151.98M | 105.62M |
| Days Payables Outstanding | 42.26 | 65.25 | 56.85 | 82.24 | 49.22 | 57.6 | 50.24 | 35.7 | 42.31 | 83.86 | 55.38 | 49.85 | 51 | 116.19 | 57.82 | 51.27 | 51.61 | 158.89 | 51.71 | 56.98 |
| Short-Term Debt | 440.04M | 341.33M | 273.05M | 182.78M | 221.91M | 232.87M | 99.55M | 170.8M | 207.62M | 126.73M | 207.11M | 344.22M | 387.75M | 281.56M | 334.2M | 360.53M | 326.01M | 229.16M | 157.3M | 201.39M |
| Deferred Revenue (Current) | 0 | 12.16M | 21.89M | 9.16M | 10.5M | 16.79M | 22.61M | 6.43M | 6.45M | 10.33M | 16.35M | 13.43M | 5.72M | 7.82M | 35.75M | 7.52M | 2.38M | 8.2M | 8.71M | 10.91M |
| Other Current Liabilities | 45.31M | 32.88M | 442.35M | 25.19M | 22.79M | 26.05M | 27.14M | 25.02M | 46.17M | 18.85M | 38.39M | 51.83M | 51.04M | 31.33M | 22.08M | 33.12M | 39.04M | 25.96M | 16.27M | 14.11M |
| Current Ratio | 1.73x | 1.74x | 1.38x | 2.80x | 1.90x | 1.98x | 2.54x | 2.40x | 2.42x | 2.87x | 2.14x | 1.89x | 1.69x | 1.79x | 1.67x | 1.80x | 1.74x | 1.95x | 2.13x | 2.01x |
| Quick Ratio | 0.89x | 0.86x | 0.77x | 1.47x | 0.95x | 1.04x | 1.19x | 1.09x | 0.86x | 1.16x | 1.20x | 1.00x | 0.66x | 0.62x | 0.77x | 0.77x | 0.66x | 0.72x | 0.92x | 0.94x |
| Cash Conversion Cycle | 170.74 | 203.04 | 181.41 | 248.81 | 157.25 | 188.61 | 176.26 | 161.44 | 186.65 | 284.83 | 204.23 | 206.13 | 192.1 | 313.65 | 182.62 | 197.77 | 174.91 | 407.71 | 156.4 | 190.99 |
| Total Non-Current Liabilities | 2.58B | 2.57B | 2.43B | 1.72B | 1.34B | 1.34B | 1.31B | 1.35B | 1.32B | 1.46B | 1.41B | 1.42B | 1.44B | 1.37B | 1.33B | 1.33B | 1.32B | 1.38B | 1.18B | 1.2B |
| Long-Term Debt | 1.58B | 1.52B | 1.38B | 1.05B | 683M | 685.58M | 680M | 688.63M | 678.8M | 694.08M | 697.84M | 752.27M | 758.08M | 750.8M | 727.98M | 742.64M | 748.89M | 759.47M | 705.49M | 713.24M |
| Capital Lease Obligations | 260.67M | 289.82M | 296.64M | 317.87M | 316.24M | 279.13M | 287.68M | 301.46M | 289.82M | 355.14M | 325.57M | 310.73M | 304.53M | 291.84M | 283.55M | 260.02M | 270.67M | 306.33M | 201.72M | 194.64M |
| Deferred Tax Liabilities | 716.07M | 742.32M | 728.63M | 344.91M | 330.37M | 362.7M | 330.34M | 352.27M | 351M | 403.55M | 376.33M | 355.49M | 368.86M | 318.37M | 301.41M | 306.77M | 286.59M | 310.27M | 265.85M | 293.16M |
| Other Non-Current Liabilities | 27.82M | 24.98M | 24.81M | 5.42M | 5.42M | 7.69M | 8.45M | 4.51M | 4.31M | 5.63M | 5.45M | 5.33M | 5.39M | 6.71M | 21.41M | 18.59M | 17.46M | 4.81M | 4.09M | 3.94M |
| Total Liabilities | 3.37B | 3.29B | 3.46B | 2.21B | 1.87B | 1.89B | 1.71B | 1.79B | 1.75B | 1.81B | 1.9B | 2.06B | 2.05B | 1.86B | 1.95B | 1.89B | 1.87B | 1.82B | 1.53B | 1.6B |
| Total Debt | 2.33B | 2.21B | 1.95B | 1.61B | 1.27B | 1.28B | 1.12B | 1.21B | 1.18B | 1.2B | 1.28B | 1.46B | 1.45B | 1.32B | 1.35B | 1.36B | 1.35B | 1.29B | 1.06B | 1.15B |
| Net Debt | 2.03B | 2.03B | 1.57B | 1.27B | 1.09B | 1.1B | 910.34M | 1.02B | 1.04B | 1.06B | 943.68M | 1.11B | 1.25B | 1.24B | 1.12B | 1.2B | 1.16B | 1.15B | 864.74M | 956.13M |
| Debt / Equity | 1.24x | 1.16x | 1.09x | 1.12x | 0.90x | 0.87x | 0.80x | 0.85x | 0.84x | 0.85x | 1.01x | 1.13x | 1.16x | 1.10x | 1.16x | 1.17x | 1.18x | 1.10x | 1.02x | 1.15x |
| Debt / EBITDA | 13.59x | 21.89x | 24.49x | 11.45x | 15.80x | 25.38x | 9.60x | 10.92x | 7.28x | 12.39x | 13.15x | 9.30x | 10.70x | 13.49x | 11.25x | 9.60x | 8.88x | 14.23x | 12.32x | 7.27x |
| Net Debt / EBITDA | 11.83x | 20.18x | 19.68x | 9.02x | 13.55x | 21.81x | 7.79x | 9.13x | 6.42x | 10.99x | 9.67x | 7.08x | 9.25x | 12.62x | 9.32x | 8.48x | 7.64x | 12.66x | 10.01x | 6.07x |
| Interest Coverage | 1.78x | 2.96x | 0.68x | 1.13x | 0.31x | 1.72x | - | 8.66x | 0.45x | 3.93x | 10.70x | 4.37x | 1.64x | 3.29x | 1.09x | 5.72x | 1.10x | 5.86x | 2.31x | 1.43x |
| Total Equity | 1.88B | 1.9B | 1.79B | 1.44B | 1.41B | 1.46B | 1.41B | 1.44B | 1.4B | 1.41B | 1.27B | 1.3B | 1.25B | 1.2B | 1.16B | 1.16B | 1.14B | 1.17B | 1.05B | 996.86M |
| Equity Growth % | 33.07% | 29.97% | 27.28% | 0.04% | 0.7% | 3.21% | 11.26% | 10.47% | 12.24% | 17.8% | 8.77% | 11.59% | 9.44% | 2.34% | 11.05% | 16.86% | 15.59% | 22.37% | 8.73% | 13.14% |
| Book Value per Share | 2.58 | 2.65 | 3.54 | 2.87 | 2.83 | 2.91 | 2.81 | 2.85 | 2.74 | 2.69 | 2.36 | 2.41 | 2.32 | 2.23 | 2.15 | 2.12 | 2.01 | 2.11 | 1.89 | 1.72 |
| Total Shareholders' Equity | 1.74B | 1.76B | 1.66B | 1.37B | 1.37B | 1.42B | 1.37B | 1.4B | 1.36B | 1.38B | 1.23B | 1.26B | 1.21B | 1.16B | 1.13B | 1.13B | 1.1B | 1.13B | 1.01B | 960.5M |
| Common Stock | 221.81M | 221.81M | 221.81M | 158.07M | 158.07M | 167.07M | 167.07M | 167.07M | 167.07M | 167.07M | 167.07M | 167.07M | 167.07M | 167.07M | 167.07M | 167.07M | 167.07M | 183.57M | 183.57M | 183.57M |
| Retained Earnings | 568.08M | 549.87M | 509.73M | 525.1M | 518.58M | 536.14M | 518.06M | 501.7M | 482.64M | 466.18M | 418.79M | 345.6M | 263.91M | 222.11M | 202.34M | 203.83M | 184.32M | 175.63M | 115.73M | 63.25M |
| Treasury Stock | -5.34M | -5.4M | -7.94M | -7.94M | -7.96M | -17.08M | -16.99M | -15.81M | -13.38M | -11.19M | -8.06M | -7.11M | -6.08M | -6.29M | -4.79M | -2.9M | -455K | -18.96M | -16.91M | -14.52M |
| Accumulated OCI | -136.86M | 100.6M | -373.29M | -218.53M | 55.65M | 79.98M | 24.34M | 60.65M | -208.54M | 8.39M | -410.08M | -262.81M | -245.86M | -284.71M | -313.61M | -321.51M | -331.71M | -326.17M | -411.72M | -147.78M |
| Minority Interest | 138.16M | 141.43M | 136.95M | 64.57M | 40.11M | 39.76M | 38.95M | 39.47M | 39.42M | 38.34M | 36.52M | 38.63M | 39.09M | 39.17M | 37.55M | 38.54M | 37.58M | 38.35M | 36.11M | 36.36M |