FIBRA Storage Balance Sheet Health
Financial Health criteria checks 4/6
FIBRA Storage has a total shareholder equity of MX$6.1B and total debt of MX$1.5B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are MX$7.9B and MX$1.7B respectively. FIBRA Storage's EBIT is MX$317.8M making its interest coverage ratio 4.6. It has cash and short-term investments of MX$620.8M.
Key information
24.3%
Debt to equity ratio
Mex$1.49b
Debt
Interest coverage ratio | 4.6x |
Cash | Mex$620.79m |
Equity | Mex$6.12b |
Total liabilities | Mex$1.73b |
Total assets | Mex$7.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STORAGE 18's short term assets (MX$851.3M) exceed its short term liabilities (MX$103.5M).
Long Term Liabilities: STORAGE 18's short term assets (MX$851.3M) do not cover its long term liabilities (MX$1.6B).
Debt to Equity History and Analysis
Debt Level: STORAGE 18's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: STORAGE 18's debt to equity ratio has reduced from 33.4% to 24.3% over the past 5 years.
Debt Coverage: STORAGE 18's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: STORAGE 18's interest payments on its debt are well covered by EBIT (4.6x coverage).