Grupo Mexicano de Desarrollo Balance Sheet Health
Financial Health criteria checks 6/6
Grupo Mexicano de Desarrollo has a total shareholder equity of MX$7.5B and total debt of MX$1.2B, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are MX$10.5B and MX$3.0B respectively. Grupo Mexicano de Desarrollo's EBIT is MX$1.3B making its interest coverage ratio 10.7. It has cash and short-term investments of MX$1.4B.
Key information
15.7%
Debt to equity ratio
Mex$1.18b
Debt
Interest coverage ratio | 10.7x |
Cash | Mex$1.38b |
Equity | Mex$7.50b |
Total liabilities | Mex$2.98b |
Total assets | Mex$10.48b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: GMXD.F's short term assets (MX$2.6B) exceed its short term liabilities (MX$1.3B).
Long Term Liabilities: GMXD.F's short term assets (MX$2.6B) exceed its long term liabilities (MX$1.7B).
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 65.7% to 15.7% over the past 5 years.
Debt Coverage: GMXD.F's debt is well covered by operating cash flow (72.5%).
Interest Coverage: GMXD.F's interest payments on its debt are well covered by EBIT (10.7x coverage).