Fomento Económico Mexicano. de Balance Sheet Health
Financial Health criteria checks 6/6
Fomento Económico Mexicano. de has a total shareholder equity of MX$347.4B and total debt of MX$131.4B, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are MX$797.6B and MX$450.2B respectively. Fomento Económico Mexicano. de's EBIT is MX$56.3B making its interest coverage ratio 22.2. It has cash and short-term investments of MX$179.7B.
Key information
37.8%
Debt to equity ratio
Mex$131.38b
Debt
| Interest coverage ratio | 22.2x |
| Cash | Mex$179.71b |
| Equity | Mex$347.38b |
| Total liabilities | Mex$450.18b |
| Total assets | Mex$797.56b |
Recent financial health updates
No updates
Recent updates
FEMSA 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$347.4B) exceed its short term liabilities (MX$206.7B).
Long Term Liabilities: FMX's short term assets (MX$347.4B) exceed its long term liabilities (MX$243.4B).
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 reduced from 37.9% to 37.8% over the past 5 years.
Debt Coverage: FMX's debt is well covered by operating cash flow (37.8%).
Interest Coverage: FMX's interest payments on its debt are well covered by EBIT (22.2x coverage).