Grupe. de Balance Sheet Health
Financial Health criteria checks 4/6
Grupe. de has a total shareholder equity of MX$6.0B and total debt of MX$1.7B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are MX$9.5B and MX$3.5B respectively. Grupe. de's EBIT is MX$351.7M making its interest coverage ratio 2.3. It has cash and short-term investments of MX$232.6M.
Key information
27.7%
Debt to equity ratio
Mex$1.66b
Debt
Interest coverage ratio | 2.3x |
Cash | Mex$232.61m |
Equity | Mex$5.98b |
Total liabilities | Mex$3.49b |
Total assets | Mex$9.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CIDMEGA *'s short term assets (MX$1.6B) exceed its short term liabilities (MX$624.2M).
Long Term Liabilities: CIDMEGA *'s short term assets (MX$1.6B) do not cover its long term liabilities (MX$2.9B).
Debt to Equity History and Analysis
Debt Level: CIDMEGA *'s net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: CIDMEGA *'s debt to equity ratio has reduced from 42.4% to 27.7% over the past 5 years.
Debt Coverage: CIDMEGA *'s debt is well covered by operating cash flow (32.6%).
Interest Coverage: CIDMEGA *'s interest payments on its debt are not well covered by EBIT (2.3x coverage).