Convertidora Industrial. de Balance Sheet Health
Financial Health criteria checks 2/6
Convertidora Industrial. de has a total shareholder equity of MX$800.2M and total debt of MX$450.0M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are MX$2.1B and MX$1.3B respectively. Convertidora Industrial. de's EBIT is MX$77.7M making its interest coverage ratio 1. It has cash and short-term investments of MX$68.9M.
Key information
56.2%
Debt to equity ratio
Mex$450.04m
Debt
| Interest coverage ratio | 1x |
| Cash | Mex$68.92m |
| Equity | Mex$800.23m |
| Total liabilities | Mex$1.31b |
| Total assets | Mex$2.11b |
Recent financial health updates
No updates
Recent updates
Convertidora Industrial, S.A.B. de C.V.'s (BMV:CONVERA) Revenues Are Not Doing Enough For Some Investors
Oct 16
Convertidora Industrial. de (BMV:CONVERA) Will Be Looking To Turn Around Its Returns
Jun 07What Convertidora Industrial, S.A.B. de C.V.'s (BMV:CONVERA) 26% Share Price Gain Is Not Telling You
Feb 23Convertidora 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$1.3B) exceed its short term liabilities (MX$919.5M).
Long Term Liabilities: CONVER A's short term assets (MX$1.3B) exceed its long term liabilities (MX$391.7M).
Debt to Equity History and Analysis
Debt Level: CONVER A's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: CONVER A's debt to equity ratio has increased from 54.3% to 56.2% over the past 5 years.
Debt Coverage: CONVER A's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: CONVER A's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 11:03 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Convertidora Industrial, S.A.B. de C.V. is covered by 1 analysts. 0 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 |
|---|---|
| Montserrat Antón Honorato | INVEX Controladora, S.A.B. de C.V. |