Nemak S. A. B. de C. V Balance Sheet Health
Financial Health criteria checks 2/6
Nemak S. A. B. de C. V has a total shareholder equity of $1.8B and total debt of $1.9B, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are $5.6B and $3.7B respectively. Nemak S. A. B. de C. V's EBIT is $187.8M making its interest coverage ratio 1.9. It has cash and short-term investments of $266.4M.
Key information
103.0%
Debt to equity ratio
US$1.90b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$266.36m |
| Equity | US$1.85b |
| Total liabilities | US$3.73b |
| Total assets | US$5.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NMAK.F's short term assets ($1.9B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: NMAK.F's short term assets ($1.9B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: NMAK.F's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: NMAK.F's debt to equity ratio has increased from 79.4% to 103% over the past 5 years.
Debt Coverage: NMAK.F's debt is well covered by operating cash flow (23.8%).
Interest Coverage: NMAK.F's interest payments on its debt are not well covered by EBIT (1.9x coverage).