Grupo Mexicano de Desarrollo Balance Sheet Health
Financial Health criteria checks 5/6
Grupo Mexicano de Desarrollo has a total shareholder equity of MX$8.4B and total debt of MX$1.2B, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are MX$11.9B and MX$3.4B respectively. Grupo Mexicano de Desarrollo's EBIT is MX$986.3M making its interest coverage ratio 10.4. It has cash and short-term investments of MX$1.6B.
Key information
14.7%
Debt to equity ratio
Mex$1.24b
Debt
| Interest coverage ratio | 10.4x |
| Cash | Mex$1.63b |
| Equity | Mex$8.44b |
| Total liabilities | Mex$3.43b |
| Total assets | Mex$11.87b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: GMXD.F's short term assets (MX$3.4B) exceed its short term liabilities (MX$1.5B).
Long Term Liabilities: GMXD.F's short term assets (MX$3.4B) exceed its long term liabilities (MX$1.9B).
Debt to Equity History and Analysis
Debt Level: GMXD.F has more cash than its total debt.
Reducing Debt: GMXD.F's debt to equity ratio has reduced from 56.6% to 14.7% over the past 5 years.
Debt Coverage: GMXD.F's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: GMXD.F's interest payments on its debt are well covered by EBIT (10.4x coverage).