Gruma. de Balance Sheet Health
Financial Health criteria checks 5/6
Gruma. de has a total shareholder equity of $1.9B and total debt of $1.5B, which brings its debt-to-equity ratio to 75.8%. Its total assets and total liabilities are $4.7B and $2.8B respectively. Gruma. de's EBIT is $896.0M making its interest coverage ratio 7.6. It has cash and short-term investments of $498.1M.
Key information
75.8%
Debt to equity ratio
US$1.47b
Debt
| Interest coverage ratio | 7.6x |
| Cash | US$498.09m |
| Equity | US$1.95b |
| Total liabilities | US$2.80b |
| Total assets | US$4.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMKK.Y's short term assets ($2.2B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: GMKK.Y's short term assets ($2.2B) exceed its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: GMKK.Y's net debt to equity ratio (50.2%) is considered high.
Reducing Debt: GMKK.Y's debt to equity ratio has reduced from 87.9% to 75.8% over the past 5 years.
Debt Coverage: GMKK.Y's debt is well covered by operating cash flow (60.8%).
Interest Coverage: GMKK.Y's interest payments on its debt are well covered by EBIT (7.6x coverage).