Fomento Económico Mexicano. de Balance Sheet Health
Financial Health criteria checks 5/6
Fomento Económico Mexicano. de has a total shareholder equity of MX$377.3B and total debt of MX$146.1B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are MX$849.9B and MX$472.6B respectively. Fomento Económico Mexicano. de's EBIT is MX$50.1B making its interest coverage ratio 9.2. It has cash and short-term investments of MX$155.8B.
Key information
38.7%
Debt to equity ratio
Mex$146.07b
Debt
| Interest coverage ratio | 9.2x |
| Cash | Mex$155.77b |
| Equity | Mex$377.26b |
| Total liabilities | Mex$472.64b |
| Total assets | Mex$849.90b |
Recent financial health updates
No updates
Recent updates
FEMSA Looks Like A Terrific Contrarian Pick In Times Of Fear For Mexico
Dec 02FEMSA's Mixed Second Quarter Isn't A Cause For Concern
Jul 26FEMSA Undervalued Despite Ongoing Excellence Of Execution
Oct 30FEMSA Propelled Higher By Healthy Results And Capital Redeployment Opportunities
Aug 17FEMSA: Still Cheaply Priced As 'Femsa Forward' Catalyzes Value Unlocking
Jun 29Fomento Economico Mexicano reports Q4 results
Feb 24Fomento Economico Mexicano reports Q3 results
Oct 28FEMSA Following Its Plan, No Matter The Cost To Sentiment
Oct 20FEMSA: Going Back To Basics With Valora Acquisition
Aug 08Fomento Economico Mexicano reports Q2 results
Jul 28FEMSA: This Mexican Giant Is Much More Than Sum Of Its Parts
May 24FEMSA Has The Pieces In Place For The Next Round Of Growth
Mar 07FEMSA Undervalued As Latin American Consumers Recover
Aug 20Fomento Economico Mexicano goes ex-dividend tomorrow
May 03Reduced Consumer Activity Continues To Pummel FEMSA
Nov 02Fomento Economico Mexicano reports Q3 results
Oct 28Financial Position Analysis
Short Term Liabilities: FMX's short term assets (MX$339.7B) exceed its short term liabilities (MX$209.4B).
Long Term Liabilities: FMX's short term assets (MX$339.7B) exceed its long term liabilities (MX$263.2B).
Debt to Equity History and Analysis
Debt Level: FMX has more cash than its total debt.
Reducing Debt: FMX's debt to equity ratio has increased from 37% to 38.7% over the past 5 years.
Debt Coverage: FMX's debt is well covered by operating cash flow (37.2%).
Interest Coverage: FMX's interest payments on its debt are well covered by EBIT (9.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:32 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fomento Económico Mexicano, S.A.B. de C.V. is covered by 30 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Antonio Hernandez Velez Leija | Actinver Case de Bolsa, S.A. de C.V. |
| David Belaunde | Barclays |
| Benjamin Theurer | Barclays |