Grupo México. de Balance Sheet Health
Financial Health criteria checks 5/6
Grupo México. de has a total shareholder equity of $22.2B and total debt of $8.8B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are $35.8B and $13.6B respectively. Grupo México. de's EBIT is $5.7B making its interest coverage ratio 27. It has cash and short-term investments of $6.8B.
Key information
39.9%
Debt to equity ratio
US$8.85b
Debt
Interest coverage ratio | 27x |
Cash | US$6.75b |
Equity | US$22.18b |
Total liabilities | US$13.63b |
Total assets | US$35.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4GE's short term assets ($11.1B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: 4GE's short term assets ($11.1B) do not cover its long term liabilities ($11.5B).
Debt to Equity History and Analysis
Debt Level: 4GE's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: 4GE's debt to equity ratio has reduced from 58.3% to 39.9% over the past 5 years.
Debt Coverage: 4GE's debt is well covered by operating cash flow (56.6%).
Interest Coverage: 4GE's interest payments on its debt are well covered by EBIT (27x coverage).