CEMEX. de Balance Sheet Health
Financial Health criteria checks 3/6
CEMEX. de has a total shareholder equity of $12.4B and total debt of $6.4B, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are $28.0B and $15.6B respectively. CEMEX. de's EBIT is $2.1B making its interest coverage ratio 4.6. It has cash and short-term investments of $422.3M.
Key information
51.2%
Debt to equity ratio
US$6.35b
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$422.28m |
| Equity | US$12.41b |
| Total liabilities | US$15.58b |
| Total assets | US$27.99b |
Recent financial health updates
No updates
Recent updates
After Q3 Results, CEMEX Approaches Cyclical Bottoms, But Is Only Fairly Valued
Oct 28CEMEX: Patience Should Pay Off, As Multiple And Growth Prospects Remain Favorable
Sep 30Cemex: Positive Drivers Undermined By Worries Around Mexico And Capital Allocation
Jul 09CEMEX: 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 ($6.0B) do not cover its short term liabilities ($6.1B).
Long Term Liabilities: CX's short term assets ($6.0B) do not cover its long term liabilities ($9.5B).
Debt to Equity History and Analysis
Debt Level: CX's net debt to equity ratio (47.8%) is considered high.
Reducing Debt: CX's debt to equity ratio has reduced from 86.8% to 51.2% over the past 5 years.
Debt Coverage: CX's debt is well covered by operating cash flow (28.3%).
Interest Coverage: CX's interest payments on its debt are well covered by EBIT (4.6x coverage).