Fideicomiso Irrevocable db/1616 Balance Sheet Health
Financial Health criteria checks 4/6
Fideicomiso Irrevocable db/1616 has a total shareholder equity of MX$9.1B and total debt of MX$4.0B, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are MX$13.7B and MX$4.5B respectively. Fideicomiso Irrevocable db/1616's EBIT is MX$169.8M making its interest coverage ratio 0.5. It has cash and short-term investments of MX$1.9B.
Key information
44.0%
Debt to equity ratio
Mex$4.02b
Debt
| Interest coverage ratio | 0.5x |
| Cash | Mex$1.94b |
| Equity | Mex$9.14b |
| Total liabilities | Mex$4.53b |
| Total assets | Mex$13.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FINN 13's short term assets (MX$2.3B) exceed its short term liabilities (MX$502.8M).
Long Term Liabilities: FINN 13's short term assets (MX$2.3B) do not cover its long term liabilities (MX$4.0B).
Debt to Equity History and Analysis
Debt Level: FINN 13's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: FINN 13's debt to equity ratio has increased from 32.3% to 44% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FINN 13 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FINN 13 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.1% per year.