Planigrupo LATAM. de Balance Sheet Health
Financial Health criteria checks 1/6
Planigrupo LATAM. de has a total shareholder equity of MX$6.3B and total debt of MX$4.8B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are MX$13.0B and MX$6.7B respectively. Planigrupo LATAM. de's EBIT is MX$610.7M making its interest coverage ratio 1. It has cash and short-term investments of MX$295.5M.
Key information
77.3%
Debt to equity ratio
Mex$4.85b
Debt
| Interest coverage ratio | 1x |
| Cash | Mex$295.51m |
| Equity | Mex$6.27b |
| Total liabilities | Mex$6.72b |
| Total assets | Mex$12.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLANI *'s short term assets (MX$1.1B) do not cover its short term liabilities (MX$1.9B).
Long Term Liabilities: PLANI *'s short term assets (MX$1.1B) do not cover its long term liabilities (MX$4.8B).
Debt to Equity History and Analysis
Debt Level: PLANI *'s net debt to equity ratio (72.6%) is considered high.
Reducing Debt: PLANI *'s debt to equity ratio has reduced from 123.1% to 77.3% over the past 5 years.
Debt Coverage: PLANI *'s operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PLANI *'s interest payments on its debt are not well covered by EBIT (1x coverage).