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 $1.8B, which brings its debt-to-equity ratio to 102.8%. Its total assets and total liabilities are $5.5B and $3.7B respectively. Nemak S. A. B. de C. V's EBIT is $198.8M making its interest coverage ratio 2.3. It has cash and short-term investments of $261.8M.
Key information
102.8%
Debt to equity ratio
US$1.82b
Debt
Interest coverage ratio | 2.3x |
Cash | US$261.82m |
Equity | US$1.77b |
Total liabilities | US$3.72b |
Total assets | US$5.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NMAK.F's short term assets ($1.9B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: NMAK.F's short term assets ($1.9B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: NMAK.F's net debt to equity ratio (88%) is considered high.
Reducing Debt: NMAK.F's debt to equity ratio has increased from 80.3% to 102.8% over the past 5 years.
Debt Coverage: NMAK.F's debt is well covered by operating cash flow (22.1%).
Interest Coverage: NMAK.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).