Fortaleza Materiales. de Balance Sheet Health
Financial Health criteria checks 2/6
Fortaleza Materiales. de has a total shareholder equity of MX$9.9B and total debt of MX$11.3B, which brings its debt-to-equity ratio to 113.7%. Its total assets and total liabilities are MX$29.1B and MX$19.2B respectively. Fortaleza Materiales. de's EBIT is MX$2.1B making its interest coverage ratio 3.6. It has cash and short-term investments of MX$1.1B.
Key information
113.7%
Debt to equity ratio
Mex$11.28b
Debt
| Interest coverage ratio | 3.6x |
| Cash | Mex$1.07b |
| Equity | Mex$9.92b |
| Total liabilities | Mex$19.16b |
| Total assets | Mex$29.08b |
Recent financial health updates
Recent updates
Is It Too Late To Consider Buying Fortaleza Materiales, S.A.B. de C.V. (BMV:FORTALE)?
Nov 26
Estimating The Intrinsic Value Of Elementia, S.A.B. de C.V. (BMV:ELEMENT)
May 27When Should You Buy Elementia, S.A.B. de C.V. (BMV:ELEMENT)?
Apr 04A Look At Elementia. de's (BMV:ELEMENT) Share Price Returns
Mar 08Calculating The Fair Value Of Elementia, S.A.B. de C.V. (BMV:ELEMENT)
Feb 08Is Elementia. de (BMV:ELEMENT) Using Too Much Debt?
Jan 12
When Should You Buy Elementia, S.A.B. de C.V. (BMV:ELEMENT)?
Dec 17Reflecting on Elementia. de's (BMV:ELEMENT) Share Price Returns Over The Last Three Years
Nov 21Financial Position Analysis
Short Term Liabilities: FORTALE *'s short term assets (MX$5.0B) exceed its short term liabilities (MX$4.8B).
Long Term Liabilities: FORTALE *'s short term assets (MX$5.0B) do not cover its long term liabilities (MX$14.4B).
Debt to Equity History and Analysis
Debt Level: FORTALE *'s net debt to equity ratio (102.9%) is considered high.
Reducing Debt: FORTALE *'s debt to equity ratio has increased from 76.2% to 113.7% over the past 5 years.
Debt Coverage: FORTALE *'s debt is not well covered by operating cash flow (12.6%).
Interest Coverage: FORTALE *'s interest payments on its debt are well covered by EBIT (3.6x coverage).