Manufacturas de Cemento Balance Sheet Health
Financial Health criteria checks 6/6
Manufacturas de Cemento has a total shareholder equity of COP99.0B and total debt of COP12.7B, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are COP218.9B and COP119.9B respectively. Manufacturas de Cemento's EBIT is COP22.5B making its interest coverage ratio 5.5. It has cash and short-term investments of COP5.6B.
Key information
12.9%
Debt to equity ratio
Col$12.74b
Debt
| Interest coverage ratio | 5.5x |
| Cash | Col$5.62b |
| Equity | Col$98.97b |
| Total liabilities | Col$119.93b |
| Total assets | Col$218.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TITAN's short term assets (COP82.6B) exceed its short term liabilities (COP63.6B).
Long Term Liabilities: TITAN's short term assets (COP82.6B) exceed its long term liabilities (COP56.3B).
Debt to Equity History and Analysis
Debt Level: TITAN's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: TITAN's debt to equity ratio has reduced from 45.2% to 12.9% over the past 5 years.
Debt Coverage: TITAN's debt is well covered by operating cash flow (54.3%).
Interest Coverage: TITAN's interest payments on its debt are well covered by EBIT (5.5x coverage).