Elementia Materiales S. A. B. de C. V Balance Sheet Health
Financial Health criteria checks 5/6
Elementia Materiales S. A. B. de C. V has a total shareholder equity of MX$11.5B and total debt of MX$4.2B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are MX$20.1B and MX$8.6B respectively. Elementia Materiales S. A. B. de C. V's EBIT is MX$1.3B making its interest coverage ratio 5.1. It has cash and short-term investments of MX$1.5B.
Key information
36.5%
Debt to equity ratio
Mex$4.18b
Debt
| Interest coverage ratio | 5.1x |
| Cash | Mex$1.50b |
| Equity | Mex$11.47b |
| Total liabilities | Mex$8.58b |
| Total assets | Mex$20.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELEMAT *'s short term assets (MX$9.6B) exceed its short term liabilities (MX$5.5B).
Long Term Liabilities: ELEMAT *'s short term assets (MX$9.6B) exceed its long term liabilities (MX$3.0B).
Debt to Equity History and Analysis
Debt Level: ELEMAT *'s net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ELEMAT *'s debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ELEMAT *'s debt is well covered by operating cash flow (30%).
Interest Coverage: ELEMAT *'s interest payments on its debt are well covered by EBIT (5.1x coverage).