Fibra Nova Balance Sheet Health
Financial Health criteria checks 3/6
Fibra Nova has a total shareholder equity of MX$16.6B and total debt of MX$5.0B, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are MX$21.8B and MX$5.2B respectively. Fibra Nova's EBIT is MX$1.1B making its interest coverage ratio 4.3. It has cash and short-term investments of MX$1.1B.
Key information
30.1%
Debt to equity ratio
Mex$5.00b
Debt
| Interest coverage ratio | 4.3x |
| Cash | Mex$1.08b |
| Equity | Mex$16.61b |
| Total liabilities | Mex$5.15b |
| Total assets | Mex$21.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNOVA 17's short term assets (MX$1.2B) exceed its short term liabilities (MX$232.3M).
Long Term Liabilities: FNOVA 17's short term assets (MX$1.2B) do not cover its long term liabilities (MX$4.9B).
Debt to Equity History and Analysis
Debt Level: FNOVA 17's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: FNOVA 17's debt to equity ratio has increased from 21% to 30.1% over the past 5 years.
Debt Coverage: FNOVA 17's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FNOVA 17's interest payments on its debt are well covered by EBIT (4.3x coverage).