Mayagüez Balance Sheet Health
Financial Health criteria checks 2/6
Mayagüez has a total shareholder equity of COP971.9B and total debt of COP1,090.9B, which brings its debt-to-equity ratio to 112.2%. Its total assets and total liabilities are COP2,651.9B and COP1,680.0B respectively. Mayagüez's EBIT is COP328.6B making its interest coverage ratio 2.4. It has cash and short-term investments of COP23.2B.
Key information
112.2%
Debt to equity ratio
Col$1.09t
Debt
Interest coverage ratio | 2.4x |
Cash | Col$23.22b |
Equity | Col$971.88b |
Total liabilities | Col$1.68t |
Total assets | Col$2.65t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAYAGUEZ's short term assets (COP472.6B) do not cover its short term liabilities (COP668.7B).
Long Term Liabilities: MAYAGUEZ's short term assets (COP472.6B) do not cover its long term liabilities (COP1,011.3B).
Debt to Equity History and Analysis
Debt Level: MAYAGUEZ's net debt to equity ratio (109.9%) is considered high.
Reducing Debt: MAYAGUEZ's debt to equity ratio has reduced from 206.9% to 112.2% over the past 5 years.
Debt Coverage: MAYAGUEZ's debt is well covered by operating cash flow (29.4%).
Interest Coverage: MAYAGUEZ's interest payments on its debt are not well covered by EBIT (2.4x coverage).