Becle. de Balance Sheet Health
Financial Health criteria checks 4/6
Becle. de has a total shareholder equity of MX$57.8B and total debt of MX$23.7B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are MX$97.1B and MX$39.3B respectively. Becle. de's EBIT is MX$6.2B making its interest coverage ratio 6.6. It has cash and short-term investments of MX$7.6B.
Key information
41.1%
Debt to equity ratio
Mex$23.73b
Debt
Interest coverage ratio | 6.6x |
Cash | Mex$7.57b |
Equity | Mex$57.76b |
Total liabilities | Mex$39.33b |
Total assets | Mex$97.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6BE's short term assets (MX$36.2B) exceed its short term liabilities (MX$10.2B).
Long Term Liabilities: 6BE's short term assets (MX$36.2B) exceed its long term liabilities (MX$29.1B).
Debt to Equity History and Analysis
Debt Level: 6BE's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 6BE's debt to equity ratio has increased from 20.2% to 41.1% over the past 5 years.
Debt Coverage: 6BE's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 6BE's interest payments on its debt are well covered by EBIT (6.6x coverage).