Grupo Simec. de Balance Sheet Health
Financial Health criteria checks 6/6
Grupo Simec. de has a total shareholder equity of MX$57.4B and total debt of MX$5.9M, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are MX$74.8B and MX$17.4B respectively. Grupo Simec. de's EBIT is MX$5.4B making its interest coverage ratio -3.7. It has cash and short-term investments of MX$28.3B.
Key information
0.01%
Debt to equity ratio
Mex$5.94m
Debt
| Interest coverage ratio | -3.7x |
| Cash | Mex$28.27b |
| Equity | Mex$57.44b |
| Total liabilities | Mex$17.41b |
| Total assets | Mex$74.85b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4FV's short term assets (MX$49.6B) exceed its short term liabilities (MX$13.4B).
Long Term Liabilities: 4FV's short term assets (MX$49.6B) exceed its long term liabilities (MX$4.1B).
Debt to Equity History and Analysis
Debt Level: 4FV has more cash than its total debt.
Reducing Debt: 4FV's debt to equity ratio has reduced from 0.02% to 0.01% over the past 5 years.
Debt Coverage: 4FV's debt is well covered by operating cash flow (98727%).
Interest Coverage: 4FV earns more interest than it pays, so coverage of interest payments is not a concern.