Grupo Herdez. de Balance Sheet Health
Financial Health criteria checks 5/6
Grupo Herdez. de has a total shareholder equity of MX$17.0B and total debt of MX$9.5B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are MX$38.2B and MX$21.2B respectively. Grupo Herdez. de's EBIT is MX$5.3B making its interest coverage ratio 7.5. It has cash and short-term investments of MX$3.9B.
Key information
55.9%
Debt to equity ratio
Mex$9.50b
Debt
| Interest coverage ratio | 7.5x |
| Cash | Mex$3.86b |
| Equity | Mex$16.99b |
| Total liabilities | Mex$21.17b |
| Total assets | Mex$38.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUZO.F's short term assets (MX$14.7B) exceed its short term liabilities (MX$9.7B).
Long Term Liabilities: GUZO.F's short term assets (MX$14.7B) exceed its long term liabilities (MX$11.4B).
Debt to Equity History and Analysis
Debt Level: GUZO.F's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: GUZO.F's debt to equity ratio has increased from 36.1% to 55.9% over the past 5 years.
Debt Coverage: GUZO.F's debt is well covered by operating cash flow (52.8%).
Interest Coverage: GUZO.F's interest payments on its debt are well covered by EBIT (7.5x coverage).