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YPF Sociedad Anónima YPF
$ 51.24 3.17%
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Quarterly report 2025-Q4
added 05-07-2026

YPF Sociedad Anónima Balance Sheet 2025-2011 | YPF

Brief overview of YPF Sociedad Anónima's financial position

The review uses the five latest available annual reports between 2014 and 2019.

Total assets increased by +654.4%, from 208.6 billion ARS to 1.6 trillion ARS. A CAGR near 49.8% points to substantial expansion.

Assets and liabilities changed at similar rates, +654.4% and +655.1%. The funding mix did not shift sharply.

Equity finances 34.8% of the balance sheet, compared with at the start. The cushion remains adequate.

Net debt equals about 0.68x of equity. The burden is manageable, but further growth would warrant attention.

Conclusion

YPF Sociedad Anónima retains a reasonably healthy balance sheet structure, which still needs support from earnings and cash flow.

Annual Balance Sheet YPF Sociedad Anónima

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

- - - - - 495 B 375 B 224 B 123 B 144 B 90.4 B 39.5 B 21.2 B 12.4 B 11.9 B

Long Term Debt

- - - - - 528 B 420 B 270 B 152 B 128 B 77.9 B 36 B 23.1 B 12.1 B 4.65 B

Long Term Debt Current

- - - - 27.3 B 22.1 B 21.4 B - - - - - - - -

Total Non Current Liabilities

- - - - - 869 B 710 B 453 B 250 B 220 B 163 B 82.4 B 54.5 B 27.8 B 14.9 B

Total Liabilities

- - - - - - 1.03 T 632 B - 302 B 243 B 136 B 87.4 B 48.7 B 36.7 B

Deferred Revenue

- - - - - 6.82 B 7.4 B 5 B 1.32 B - - - - - -

Retained Earnings

- - - - - - - - - - - - - - 7.3 B

Total Assets

- - - - - - 1.57 T 994 B - 421 B 363 B 209 B 136 B 79.9 B 55.4 B

Cash and Cash Equivalents

- - - - 62.7 B 54.6 B 66.1 B 46 B 28.7 B 10.8 B 15.4 B - - - -

Book Value

- - - - - - 548 B 362 B - 119 B 120 B 72.8 B 48.2 B 31.3 B 18.7 B

Total Shareholders Equity

- - - - - 683 B 548 B 362 B 153 B 119 B 120 B - - - -

All numbers in ARS currency

Quarterly Balance Sheet YPF Sociedad Anónima

2025-Q4 2024-Q4 2023-Q4 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

- - - - - - - 28.3 B - - - 24.2 B - - - 40.4 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Non Current Liabilities

- - - - - - - 1.15 T - - - 869 B - - - 710 B - - - 453 B - - - 250 B - - - 220 B - - - 163 B - - - - - - - - - - - - - - - - - - -

Total Liabilities

- - - - - - - 1.54 T - - - 1.24 T - - - 1.03 T - - - 632 B - - - 353 B - - - 302 B - - - 243 B - - - - - - - - - - - - - - - - - - -

Total Assets

- - - - - - - 2.39 T - - - 1.92 T - - - 1.57 T - - - 994 B - - - 506 B - - - 421 B - - - 363 B - - - - - - - - - - - - - - - - - - -

Cash and Cash Equivalents

- - - - - - - 62.7 B - - - 54.6 B - - - 66.1 B - - - 46 B - - - 28.7 B - - - 10.8 B - - - 15.4 B - - - 9.76 B - - - - - - - - - - - - - - -

Book Value

- - - - - - - 848 B - - - 683 B - - - 548 B - - - 362 B - - - 153 B - - - 119 B - - - 120 B - - - - - - - - - - - - - - - - - - -

Total Shareholders Equity

- - - - - - - 848 B - - - 683 B - - - 548 B - - - 362 B - - - 153 B - - - 119 B - - - 120 B - - - 72.8 B - - - - - - - - - - - - - - -

All numbers in ARS currency

Balance Sheet is a fundamental financial report of YPF Sociedad Anónima, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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