Industrias Bachoco. de Balance Sheet Health
Financial Health criteria checks 6/6
Industrias Bachoco. de has a total shareholder equity of MX$55.8B and total debt of MX$3.7B, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are MX$77.6B and MX$21.8B respectively. Industrias Bachoco. de's EBIT is MX$6.8B making its interest coverage ratio -9.3. It has cash and short-term investments of MX$14.7B.
Key information
6.7%
Debt to equity ratio
Mex$3.74b
Debt
| Interest coverage ratio | -9.3x |
| Cash | Mex$14.69b |
| Equity | Mex$55.80b |
| Total liabilities | Mex$21.81b |
| Total assets | Mex$77.61b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDBH.F's short term assets (MX$39.6B) exceed its short term liabilities (MX$14.1B).
Long Term Liabilities: IDBH.F's short term assets (MX$39.6B) exceed its long term liabilities (MX$7.7B).
Debt to Equity History and Analysis
Debt Level: IDBH.F has more cash than its total debt.
Reducing Debt: IDBH.F's debt to equity ratio has reduced from 9.8% to 6.7% over the past 5 years.
Debt Coverage: IDBH.F's debt is well covered by operating cash flow (186.6%).
Interest Coverage: IDBH.F earns more interest than it pays, so coverage of interest payments is not a concern.