Grupo Palacio de Hierro. de Balance Sheet Health
Financial Health criteria checks 5/6
Grupo Palacio de Hierro. de has a total shareholder equity of MX$24.5B and total debt of MX$8.5B, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are MX$50.0B and MX$25.5B respectively. Grupo Palacio de Hierro. de's EBIT is MX$66.4M making its interest coverage ratio -0.1. It has cash and short-term investments of MX$4.3B.
Key information
34.7%
Debt to equity ratio
Mex$8.50b
Debt
| Interest coverage ratio | -0.07x |
| Cash | Mex$4.28b |
| Equity | Mex$24.49b |
| Total liabilities | Mex$25.47b |
| Total assets | Mex$49.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GPH 1's short term assets (MX$19.4B) exceed its short term liabilities (MX$13.1B).
Long Term Liabilities: GPH 1's short term assets (MX$19.4B) exceed its long term liabilities (MX$12.4B).
Debt to Equity History and Analysis
Debt Level: GPH 1's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: GPH 1's debt to equity ratio has increased from 24.5% to 34.7% over the past 5 years.
Debt Coverage: GPH 1's debt is well covered by operating cash flow (45.2%).
Interest Coverage: GPH 1 earns more interest than it pays, so coverage of interest payments is not a concern.