Fibra Plus Balance Sheet Health
Financial Health criteria checks 3/6
Fibra Plus has a total shareholder equity of MX$11.4B and total debt of MX$5.0B, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are MX$17.1B and MX$5.7B respectively. Fibra Plus's EBIT is MX$394.0M making its interest coverage ratio 1.3. It has cash and short-term investments of MX$731.3M.
Key information
44.0%
Debt to equity ratio
Mex$5.04b
Debt
| Interest coverage ratio | 1.3x |
| Cash | Mex$731.33m |
| Equity | Mex$11.44b |
| Total liabilities | Mex$5.70b |
| Total assets | Mex$17.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FPLUS 16's short term assets (MX$986.3M) exceed its short term liabilities (MX$535.7M).
Long Term Liabilities: FPLUS 16's short term assets (MX$986.3M) do not cover its long term liabilities (MX$5.2B).
Debt to Equity History and Analysis
Debt Level: FPLUS 16's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: FPLUS 16's debt to equity ratio has increased from 4.7% to 44% over the past 5 years.
Debt Coverage: FPLUS 16's debt is well covered by operating cash flow (23.6%).
Interest Coverage: FPLUS 16's interest payments on its debt are not well covered by EBIT (1.3x coverage).