Grupo Simec. de Balance Sheet Health
Financial Health criteria checks 6/6
Grupo Simec. de has a total shareholder equity of MX$51.3B and total debt of MX$5.0M, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are MX$68.7B and MX$17.4B respectively. Grupo Simec. de's EBIT is MX$7.1B making its interest coverage ratio -11.2. It has cash and short-term investments of MX$24.1B.
Key information
0.01%
Debt to equity ratio
Mex$5.04m
Debt
Interest coverage ratio | -11.2x |
Cash | Mex$24.07b |
Equity | Mex$51.31b |
Total liabilities | Mex$17.38b |
Total assets | Mex$68.69b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4FV's short term assets (MX$45.5B) exceed its short term liabilities (MX$13.5B).
Long Term Liabilities: 4FV's short term assets (MX$45.5B) exceed its long term liabilities (MX$3.9B).
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 (98289.5%).
Interest Coverage: 4FV earns more interest than it pays, so coverage of interest payments is not a concern.