Gruma. de Balance Sheet Health
Financial Health criteria checks 5/6
Gruma. de has a total shareholder equity of $1.9B and total debt of $1.5B, which brings its debt-to-equity ratio to 75.8%. Its total assets and total liabilities are $4.7B and $2.8B respectively. Gruma. de's EBIT is $896.0M making its interest coverage ratio 7.6. It has cash and short-term investments of $498.1M.
Key information
75.8%
Debt to equity ratio
US$1.47b
Debt
| Interest coverage ratio | 7.6x |
| Cash | US$498.09m |
| Equity | US$1.95b |
| Total liabilities | US$2.80b |
| Total assets | US$4.75b |
Recent financial health updates
Here's Why Gruma. de (BMV:GRUMAB) Can Manage Its Debt Responsibly
Dec 17
We Think Gruma. de (BMV:GRUMAB) Can Stay On Top Of Its Debt
Sep 10Gruma. de (BMV:GRUMAB) Seems To Use Debt Quite Sensibly
Jun 03Gruma. de (BMV:GRUMAB) Has A Pretty Healthy Balance Sheet
Dec 25Recent updates
Here's Why Gruma. de (BMV:GRUMAB) Can Manage Its Debt Responsibly
Dec 17Why The 25% Return On Capital At Gruma. de (BMV:GRUMAB) Should Have Your Attention
Dec 04Does Gruma. de (BMV:GRUMAB) Deserve A Spot On Your Watchlist?
Oct 21Gruma, S.A.B. de C.V.'s (BMV:GRUMAB) Price Is Out Of Tune With Earnings
Sep 24We Think Gruma. de (BMV:GRUMAB) Can Stay On Top Of Its Debt
Sep 10Estimating The Intrinsic Value Of Gruma, S.A.B. de C.V. (BMV:GRUMAB)
Aug 28We Think Gruma. de's (BMV:GRUMAB) Profit Is Only A Baseline For What They Can Achieve
Aug 01Is Now The Time To Put Gruma. de (BMV:GRUMAB) On Your Watchlist?
Jul 15Gruma. de (BMV:GRUMAB) Seems To Use Debt Quite Sensibly
Jun 03Investors Shouldn't Overlook Gruma. de's (BMV:GRUMAB) Impressive Returns On Capital
May 21Gruma, S.A.B. de C.V. (BMV:GRUMAB) Investors Are Less Pessimistic Than Expected
May 02Are Investors Undervaluing Gruma, S.A.B. de C.V. (BMV:GRUMAB) By 23%?
Apr 04Here's Why We Think Gruma. de (BMV:GRUMAB) Might Deserve Your Attention Today
Mar 22Investor Optimism Abounds Gruma, S.A.B. de C.V. (BMV:GRUMAB) But Growth Is Lacking
Jan 29Gruma. de (BMV:GRUMAB) Will Pay A Dividend Of $1.35
Jan 11Gruma. de (BMV:GRUMAB) Has A Pretty Healthy Balance Sheet
Dec 25Financial Position Analysis
Short Term Liabilities: GRUMA B's short term assets ($2.2B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: GRUMA B's short term assets ($2.2B) exceed its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: GRUMA B's net debt to equity ratio (50.2%) is considered high.
Reducing Debt: GRUMA B's debt to equity ratio has reduced from 87.9% to 75.8% over the past 5 years.
Debt Coverage: GRUMA B's debt is well covered by operating cash flow (60.8%).
Interest Coverage: GRUMA B's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 06:51 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gruma, S.A.B. de C.V. is covered by 27 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Antonio Hernandez Velez Leija | Actinver Case de Bolsa, S.A. de C.V. |
| Benjamin Theurer | Barclays |
| Jose De La Luz Lopez | Barclays |