CEMEX. de Balance Sheet Health
Financial Health criteria checks 3/6
CEMEX. de has a total shareholder equity of $12.1B and total debt of $6.5B, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are $28.6B and $16.5B respectively. CEMEX. de's EBIT is $2.1B making its interest coverage ratio 6.3. It has cash and short-term investments of $475.7M.
Key information
53.9%
Debt to equity ratio
US$6.53b
Debt
| Interest coverage ratio | 6.3x |
| Cash | US$475.69m |
| Equity | US$12.11b |
| Total liabilities | US$16.49b |
| Total assets | US$28.60b |
Recent financial health updates
No updates
Recent updates
CEMEX: Volume Recovery And Strong Pricing To Drive Growth In 2024
Feb 13Cemex: 4 Reasons Why Historical Underperformance Is Set To Continue
Nov 26Cemex: Great Potential But Poor Finances
Sep 12CEMEX: An Undervalued Leader In Sustainable Cement
May 28Cemex GAAP EPADS of -$0.12, revenue of $3.87B
Feb 13High Costs And Macro Worries Drag Cemex Down
Dec 13Cemex Q3 2022 Earnings Preview
Oct 26Cemex: Pricing Initiatives Support Earnings Momentum
Sep 30Cemex Q2 2022 Earnings Preview
Jul 27Cemex Remains Set For Better Results, Even With Higher Costs Taking A Bite
Feb 23Cemex Looking At A Pretty Attractive Setup While Investors Seem Worried About The Cycle
Sep 08CEMEX: Either Get 22% Return Or Buy The Stock At 12% Discount
Jun 16CEMEX divests in Southeastern France
Feb 01CEMEX - A Mexican Cement Company That Could Benefit From U.S. Policy In 2021
Dec 24Cemex EPS misses by $1.03, beats on revenue
Oct 28Financial Position Analysis
Short Term Liabilities: CX's short term assets ($5.2B) do not cover its short term liabilities ($6.7B).
Long Term Liabilities: CX's short term assets ($5.2B) do not cover its long term liabilities ($9.8B).
Debt to Equity History and Analysis
Debt Level: CX's net debt to equity ratio (50%) is considered high.
Reducing Debt: CX's debt to equity ratio has reduced from 92.7% to 53.9% over the past 5 years.
Debt Coverage: CX's debt is well covered by operating cash flow (33.1%).
Interest Coverage: CX's interest payments on its debt are well covered by EBIT (6.3x coverage).