Morixe HermanosC.I Balance Sheet Health
Financial Health criteria checks 5/6
Morixe HermanosC.I has a total shareholder equity of ARS6.1B and total debt of ARS5.2B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are ARS16.2B and ARS10.1B respectively. Morixe HermanosC.I's EBIT is ARS1.9B making its interest coverage ratio 30.6. It has cash and short-term investments of ARS289.1M.
Key information
85.4%
Debt to equity ratio
AR$5.21b
Debt
| Interest coverage ratio | 30.6x |
| Cash | AR$289.14m |
| Equity | AR$6.09b |
| Total liabilities | AR$10.07b |
| Total assets | AR$16.16b |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: MORI5's short term assets (ARS9.5B) exceed its short term liabilities (ARS7.6B).
Long Term Liabilities: MORI5's short term assets (ARS9.5B) exceed its long term liabilities (ARS2.4B).
Debt to Equity History and Analysis
Debt Level: MORI5's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: MORI5's debt to equity ratio has reduced from 634.7% to 85.4% over the past 5 years.
Debt Coverage: MORI5's debt is well covered by operating cash flow (21.7%).
Interest Coverage: MORI5's interest payments on its debt are well covered by EBIT (30.6x coverage).