Convertidora Industrial. de Balance Sheet Health
Financial Health criteria checks 5/6
Convertidora Industrial. de has a total shareholder equity of MX$847.6M and total debt of MX$363.6M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are MX$2.0B and MX$1.1B respectively. Convertidora Industrial. de's EBIT is MX$161.1M making its interest coverage ratio 2. It has cash and short-term investments of MX$63.9M.
Key information
42.9%
Debt to equity ratio
Mex$363.64m
Debt
| Interest coverage ratio | 2x |
| Cash | Mex$63.88m |
| Equity | Mex$847.60m |
| Total liabilities | Mex$1.14b |
| Total assets | Mex$1.98b |
Recent financial health updates
No updates
Recent updates
What Convertidora Industrial, S.A.B. de C.V.'s (BMV:CONVERA) 26% Share Price Gain Is Not Telling You
Feb 23
Convertidora Industrial. de's (BMV:CONVERA) Returns On Capital Are Heading Higher
Feb 17Convertidora Industrial. de's (BMV:CONVERA) Returns Have Hit A Wall
Mar 28Shareholders Will Be Pleased With The Quality of Convertidora Industrial. de's (BMV:CONVERA) Earnings
Aug 04Returns On Capital Are Showing Encouraging Signs At Convertidora Industrial. de (BMV:CONVERA)
Jun 05We Like These Underlying Trends At Convertidora Industrial. de (BMV:CONVERA)
Feb 19Financial Position Analysis
Short Term Liabilities: CONVER A's short term assets (MX$1.1B) exceed its short term liabilities (MX$860.0M).
Long Term Liabilities: CONVER A's short term assets (MX$1.1B) exceed its long term liabilities (MX$276.5M).
Debt to Equity History and Analysis
Debt Level: CONVER A's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: CONVER A's debt to equity ratio has reduced from 56.8% to 42.9% over the past 5 years.
Debt Coverage: CONVER A's debt is well covered by operating cash flow (65.3%).
Interest Coverage: CONVER A's interest payments on its debt are not well covered by EBIT (2x coverage).