Corporación Interamericana de Entretenimiento. de Balance Sheet Health
Financial Health criteria checks 5/6
Corporación Interamericana de Entretenimiento. de has a total shareholder equity of MX$6.1B and total debt of MX$1.5B, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are MX$14.1B and MX$8.0B respectively. Corporación Interamericana de Entretenimiento. de's EBIT is MX$1.8B making its interest coverage ratio 8.7. It has cash and short-term investments of MX$1.8B.
Key information
24.7%
Debt to equity ratio
Mex$1.50b
Debt
| Interest coverage ratio | 8.7x |
| Cash | Mex$1.81b |
| Equity | Mex$6.07b |
| Total liabilities | Mex$7.98b |
| Total assets | Mex$14.05b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CIEZ.F's short term assets (MX$3.5B) do not cover its short term liabilities (MX$5.4B).
Long Term Liabilities: CIEZ.F's short term assets (MX$3.5B) exceed its long term liabilities (MX$2.6B).
Debt to Equity History and Analysis
Debt Level: CIEZ.F has more cash than its total debt.
Reducing Debt: CIEZ.F's debt to equity ratio has reduced from 52.1% to 24.7% over the past 5 years.
Debt Coverage: CIEZ.F's debt is well covered by operating cash flow (86.9%).
Interest Coverage: CIEZ.F's interest payments on its debt are well covered by EBIT (8.7x coverage).