Michell y Cía Balance Sheet Health
Financial Health criteria checks 5/6
Michell y Cía has a total shareholder equity of PEN449.7M and total debt of PEN169.9M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are PEN725.6M and PEN275.9M respectively. Michell y Cía's EBIT is PEN59.5M making its interest coverage ratio 6. It has cash and short-term investments of PEN10.9M.
Key information
37.8%
Debt to equity ratio
S/169.92m
Debt
| Interest coverage ratio | 6x |
| Cash | S/10.93m |
| Equity | S/449.69m |
| Total liabilities | S/275.93m |
| Total assets | S/725.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MICHEI1's short term assets (PEN326.0M) exceed its short term liabilities (PEN213.5M).
Long Term Liabilities: MICHEI1's short term assets (PEN326.0M) exceed its long term liabilities (PEN62.4M).
Debt to Equity History and Analysis
Debt Level: MICHEI1's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: MICHEI1's debt to equity ratio has increased from 37.3% to 37.8% over the past 5 years.
Debt Coverage: MICHEI1's debt is well covered by operating cash flow (24.3%).
Interest Coverage: MICHEI1's interest payments on its debt are well covered by EBIT (6x coverage).