Grupo Minsa. de Balance Sheet Health
Financial Health criteria checks 2/6
Grupo Minsa. de has a total shareholder equity of MX$2.2B and total debt of MX$1.8B, which brings its debt-to-equity ratio to 80.6%. Its total assets and total liabilities are MX$5.3B and MX$3.1B respectively. Grupo Minsa. de's EBIT is MX$54.9M making its interest coverage ratio 0.2. It has cash and short-term investments of MX$121.0M.
Key information
80.6%
Debt to equity ratio
Mex$1.78b
Debt
| Interest coverage ratio | 0.2x |
| Cash | Mex$120.95m |
| Equity | Mex$2.21b |
| Total liabilities | Mex$3.09b |
| Total assets | Mex$5.30b |
Recent financial health updates
Grupo Minsa. de (BMV:MINSAB) Takes On Some Risk With Its Use Of Debt
Nov 26
Is Grupo Minsa. de (BMV:MINSAB) Using Too Much Debt?
Jun 07Does Grupo Minsa. de (BMV:MINSAB) Have A Healthy Balance Sheet?
Dec 09Recent updates
Grupo Minsa. de (BMV:MINSAB) Takes On Some Risk With Its Use Of Debt
Nov 26Here's What To Make Of Grupo Minsa. de's (BMV:MINSAB) Decelerating Rates Of Return
Jul 06Is Grupo Minsa. de (BMV:MINSAB) Using Too Much Debt?
Jun 07Returns On Capital At Grupo Minsa. de (BMV:MINSAB) Have Hit The Brakes
Mar 24Grupo Minsa, S.A.B. de C.V. (BMV:MINSAB) Is Up But Financials Look Inconsistent: Which Way Is The Stock Headed?
Jan 23
Does Grupo Minsa. de (BMV:MINSAB) Have A Healthy Balance Sheet?
Dec 09Financial Position Analysis
Short Term Liabilities: MINSA B's short term assets (MX$3.7B) exceed its short term liabilities (MX$2.6B).
Long Term Liabilities: MINSA B's short term assets (MX$3.7B) exceed its long term liabilities (MX$516.4M).
Debt to Equity History and Analysis
Debt Level: MINSA B's net debt to equity ratio (75.2%) is considered high.
Reducing Debt: MINSA B's debt to equity ratio has increased from 18.2% to 80.6% over the past 5 years.
Debt Coverage: MINSA B's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MINSA B's interest payments on its debt are not well covered by EBIT (0.2x coverage).