Fibra Nova Balance Sheet Health
Financial Health criteria checks 2/6
Fibra Nova has a total shareholder equity of MX$10.9B and total debt of MX$5.5B, which brings its debt-to-equity ratio to 50.2%. Its total assets and total liabilities are MX$16.5B and MX$5.7B respectively. Fibra Nova's EBIT is MX$998.3M making its interest coverage ratio 9.2. It has cash and short-term investments of MX$219.7M.
Key information
50.2%
Debt to equity ratio
Mex$5.45b
Debt
| Interest coverage ratio | 9.2x |
| Cash | Mex$219.69m |
| Equity | Mex$10.86b |
| Total liabilities | Mex$5.66b |
| Total assets | Mex$16.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNOVA 17's short term assets (MX$358.6M) do not cover its short term liabilities (MX$1.6B).
Long Term Liabilities: FNOVA 17's short term assets (MX$358.6M) do not cover its long term liabilities (MX$4.1B).
Debt to Equity History and Analysis
Debt Level: FNOVA 17's net debt to equity ratio (48.2%) is considered high.
Reducing Debt: FNOVA 17's debt to equity ratio has increased from 15.4% to 50.2% over the past 5 years.
Debt Coverage: FNOVA 17's debt is well covered by operating cash flow (22.7%).
Interest Coverage: FNOVA 17's interest payments on its debt are well covered by EBIT (9.2x coverage).