Gruma. de Balance Sheet Health
Financial Health criteria checks 4/6
Gruma. de has a total shareholder equity of $1.8B and total debt of $1.5B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are $4.7B and $2.8B respectively. Gruma. de's EBIT is $782.3M making its interest coverage ratio 5.9. It has cash and short-term investments of $350.0M.
Key information
82.8%
Debt to equity ratio
US$1.53b
Debt
Interest coverage ratio | 5.9x |
Cash | US$350.05m |
Equity | US$1.84b |
Total liabilities | US$2.84b |
Total assets | US$4.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMKK.Y's short term assets ($2.1B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: GMKK.Y's short term assets ($2.1B) exceed its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: GMKK.Y's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: GMKK.Y's debt to equity ratio has increased from 82.4% to 82.8% over the past 5 years.
Debt Coverage: GMKK.Y's debt is well covered by operating cash flow (48.5%).
Interest Coverage: GMKK.Y's interest payments on its debt are well covered by EBIT (5.9x coverage).