Fomento Económico Mexicano. de Balance Sheet Health
Financial Health criteria checks 5/6
Fomento Económico Mexicano. de has a total shareholder equity of MX$365.3B and total debt of MX$137.5B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are MX$820.4B and MX$455.2B respectively. Fomento Económico Mexicano. de's EBIT is MX$48.3B making its interest coverage ratio 14.3. It has cash and short-term investments of MX$121.4B.
Key information
37.6%
Debt to equity ratio
Mex$137.50b
Debt
| Interest coverage ratio | 14.3x |
| Cash | Mex$121.43b |
| Equity | Mex$365.26b |
| Total liabilities | Mex$455.16b |
| Total assets | Mex$820.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMXU.F's short term assets (MX$351.3B) exceed its short term liabilities (MX$204.4B).
Long Term Liabilities: FMXU.F's short term assets (MX$351.3B) exceed its long term liabilities (MX$250.7B).
Debt to Equity History and Analysis
Debt Level: FMXU.F's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: FMXU.F's debt to equity ratio has increased from 36.7% to 37.6% over the past 5 years.
Debt Coverage: FMXU.F's debt is well covered by operating cash flow (48.2%).
Interest Coverage: FMXU.F's interest payments on its debt are well covered by EBIT (14.3x coverage).