Axtel. de Balance Sheet Health
Financial Health criteria checks 3/6
Axtel. de has a total shareholder equity of MX$3.1B and total debt of MX$10.4B, which brings its debt-to-equity ratio to 333.7%. Its total assets and total liabilities are MX$16.7B and MX$13.6B respectively. Axtel. de's EBIT is MX$471.5M making its interest coverage ratio 0.5. It has cash and short-term investments of MX$1.2B.
Key information
333.7%
Debt to equity ratio
Mex$10.40b
Debt
Interest coverage ratio | 0.5x |
Cash | Mex$1.21b |
Equity | Mex$3.12b |
Total liabilities | Mex$13.59b |
Total assets | Mex$16.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4GK's short term assets (MX$3.7B) exceed its short term liabilities (MX$2.3B).
Long Term Liabilities: 4GK's short term assets (MX$3.7B) do not cover its long term liabilities (MX$11.3B).
Debt to Equity History and Analysis
Debt Level: 4GK's net debt to equity ratio (295%) is considered high.
Reducing Debt: 4GK's debt to equity ratio has reduced from 462.7% to 333.7% over the past 5 years.
Debt Coverage: 4GK's debt is well covered by operating cash flow (27%).
Interest Coverage: 4GK's interest payments on its debt are not well covered by EBIT (0.5x coverage).