Acosta Verde. de Balance Sheet Health
Financial Health criteria checks 3/6
Acosta Verde. de has a total shareholder equity of MX$11.1B and total debt of MX$5.0B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are MX$18.4B and MX$7.3B respectively. Acosta Verde. de's EBIT is MX$898.0M making its interest coverage ratio 2.2. It has cash and short-term investments of MX$2.8B.
Key information
44.7%
Debt to equity ratio
Mex$4.97b
Debt
Interest coverage ratio | 2.2x |
Cash | Mex$2.75b |
Equity | Mex$11.12b |
Total liabilities | Mex$7.26b |
Total assets | Mex$18.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GAV A's short term assets (MX$3.0B) exceed its short term liabilities (MX$585.1M).
Long Term Liabilities: GAV A's short term assets (MX$3.0B) do not cover its long term liabilities (MX$6.7B).
Debt to Equity History and Analysis
Debt Level: GAV A's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: GAV A's debt to equity ratio has reduced from 103% to 44.7% over the past 5 years.
Debt Coverage: GAV A's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: GAV A's interest payments on its debt are not well covered by EBIT (2.2x coverage).