Grupo Bimbo. de Balance Sheet Health
Financial Health criteria checks 2/6
Grupo Bimbo. de has a total shareholder equity of MX$110.6B and total debt of MX$128.4B, which brings its debt-to-equity ratio to 116.1%. Its total assets and total liabilities are MX$363.6B and MX$253.0B respectively. Grupo Bimbo. de's EBIT is MX$37.3B making its interest coverage ratio 3.6. It has cash and short-term investments of MX$17.6B.
Key information
116.1%
Debt to equity ratio
Mex$128.39b
Debt
Interest coverage ratio | 3.6x |
Cash | Mex$17.57b |
Equity | Mex$110.62b |
Total liabilities | Mex$252.97b |
Total assets | Mex$363.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRBM.F's short term assets (MX$71.5B) do not cover its short term liabilities (MX$81.7B).
Long Term Liabilities: GRBM.F's short term assets (MX$71.5B) do not cover its long term liabilities (MX$171.2B).
Debt to Equity History and Analysis
Debt Level: GRBM.F's net debt to equity ratio (100.2%) is considered high.
Reducing Debt: GRBM.F's debt to equity ratio has increased from 107.9% to 116.1% over the past 5 years.
Debt Coverage: GRBM.F's debt is well covered by operating cash flow (24.5%).
Interest Coverage: GRBM.F's interest payments on its debt are well covered by EBIT (3.6x coverage).