Grupo TMM Balance Sheet Health
Financial Health criteria checks 4/6
Grupo TMM has a total shareholder equity of MX$2.0B and total debt of MX$211.2M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are MX$3.3B and MX$1.3B respectively.
Key information
10.6%
Debt to equity ratio
Mex$211.20m
Debt
Interest coverage ratio | n/a |
Cash | Mex$41.60m |
Equity | Mex$1.98b |
Total liabilities | Mex$1.33b |
Total assets | Mex$3.31b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMM A's short term assets (MX$797.9M) do not cover its short term liabilities (MX$1.0B).
Long Term Liabilities: TMM A's short term assets (MX$797.9M) exceed its long term liabilities (MX$316.7M).
Debt to Equity History and Analysis
Debt Level: TMM A's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: TMM A's debt to equity ratio has reduced from 28.3% to 10.6% over the past 5 years.
Debt Coverage: TMM A's debt is well covered by operating cash flow (78.3%).
Interest Coverage: Insufficient data to determine if TMM A's interest payments on its debt are well covered by EBIT.