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 81.8%. Its total assets and total liabilities are $4.9B and $3.0B respectively. Gruma. de's EBIT is $830.5M making its interest coverage ratio 6.6. It has cash and short-term investments of $482.5M.
Key information
81.8%
Debt to equity ratio
US$1.53b
Debt
Interest coverage ratio | 6.6x |
Cash | US$482.47m |
Equity | US$1.87b |
Total liabilities | US$2.98b |
Total assets | US$4.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPAG.F's short term assets ($2.3B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: GPAG.F's short term assets ($2.3B) exceed its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: GPAG.F's net debt to equity ratio (56%) is considered high.
Reducing Debt: GPAG.F's debt to equity ratio has reduced from 83% to 81.8% over the past 5 years.
Debt Coverage: GPAG.F's debt is well covered by operating cash flow (61.2%).
Interest Coverage: GPAG.F's interest payments on its debt are well covered by EBIT (6.6x coverage).