Grupo Mexicano de Desarrollo Balance Sheet Health
Financial Health criteria checks 6/6
Grupo Mexicano de Desarrollo has a total shareholder equity of MX$7.8B and total debt of MX$1.0B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are MX$10.8B and MX$3.0B respectively. Grupo Mexicano de Desarrollo's EBIT is MX$1.3B making its interest coverage ratio 10.6. It has cash and short-term investments of MX$1.4B.
Key information
13.5%
Debt to equity ratio
Mex$1.05b
Debt
| Interest coverage ratio | 10.6x |
| Cash | Mex$1.44b |
| Equity | Mex$7.77b |
| Total liabilities | Mex$3.01b |
| Total assets | Mex$10.78b |
Recent financial health updates
Grupo Mexicano de Desarrollo (BMV:GMD) Has A Pretty Healthy Balance Sheet
May 14
Does Grupo Mexicano de Desarrollo (BMV:GMD) Have A Healthy Balance Sheet?
Jun 08Does Grupo Mexicano de Desarrollo (BMV:GMD) Have A Healthy Balance Sheet?
Feb 04
Recent updates
Here's What To Make Of Grupo Mexicano de Desarrollo's (BMV:GMD) Decelerating Rates Of Return
Apr 26Grupo Mexicano de Desarrollo (BMV:GMD) Has A Pretty Healthy Balance Sheet
May 14Grupo Mexicano de Desarrollo (BMV:GMD) Has More To Do To Multiply In Value Going Forward
Apr 01Grupo Mexicano de Desarrollo's (BMV:GMD) Performance Is Even Better Than Its Earnings Suggest
Mar 07Does Grupo Mexicano de Desarrollo (BMV:GMD) Have A Healthy Balance Sheet?
Jun 08Grupo Mexicano de Desarrollo's (BMV:GMD) Returns Have Hit A Wall
Mar 29Do Institutions Own Grupo Mexicano de Desarrollo, S.A.B. (BMV:GMD) Shares?
Mar 03Does Grupo Mexicano de Desarrollo (BMV:GMD) Have A Healthy Balance Sheet?
Feb 04Returns On Capital At Grupo Mexicano de Desarrollo (BMV:GMD) Paint An Interesting Picture
Dec 03Financial Position Analysis
Short Term Liabilities: GMD *'s short term assets (MX$2.7B) exceed its short term liabilities (MX$1.4B).
Long Term Liabilities: GMD *'s short term assets (MX$2.7B) exceed its long term liabilities (MX$1.6B).
Debt to Equity History and Analysis
Debt Level: GMD * has more cash than its total debt.
Reducing Debt: GMD *'s debt to equity ratio has reduced from 63.2% to 13.5% over the past 5 years.
Debt Coverage: GMD *'s debt is well covered by operating cash flow (89.1%).
Interest Coverage: GMD *'s interest payments on its debt are well covered by EBIT (10.6x coverage).