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$26.0B and total debt of MX$8.5B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are MX$53.9B and MX$27.9B respectively. Grupo Palacio de Hierro. de's EBIT is MX$1.2B making its interest coverage ratio -1.1. It has cash and short-term investments of MX$2.8B.
Key information
32.7%
Debt to equity ratio
Mex$8.50b
Debt
| Interest coverage ratio | -1.1x |
| Cash | Mex$2.77b |
| Equity | Mex$25.98b |
| Total liabilities | Mex$27.95b |
| Total assets | Mex$53.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GPH 1's short term assets (MX$21.0B) exceed its short term liabilities (MX$16.0B).
Long Term Liabilities: GPH 1's short term assets (MX$21.0B) exceed its long term liabilities (MX$11.9B).
Debt to Equity History and Analysis
Debt Level: GPH 1's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: GPH 1's debt to equity ratio has increased from 22.4% to 32.7% over the past 5 years.
Debt Coverage: GPH 1's debt is well covered by operating cash flow (57.1%).
Interest Coverage: GPH 1 earns more interest than it pays, so coverage of interest payments is not a concern.