Corporación Inmobiliaria Vesta. de Balance Sheet Health
Financial Health criteria checks 4/6
Corporación Inmobiliaria Vesta. de has a total shareholder equity of $2.7B and total debt of $847.8M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are $3.9B and $1.2B respectively. Corporación Inmobiliaria Vesta. de's EBIT is $183.3M making its interest coverage ratio 7. It has cash and short-term investments of $281.2M.
Key information
31.5%
Debt to equity ratio
US$847.84m
Debt
| Interest coverage ratio | 7x |
| Cash | US$281.20m |
| Equity | US$2.69b |
| Total liabilities | US$1.24b |
| Total assets | US$3.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VTMX's short term assets ($329.0M) exceed its short term liabilities ($39.3M).
Long Term Liabilities: VTMX's short term assets ($329.0M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: VTMX's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: VTMX's debt to equity ratio has reduced from 67.4% to 31.5% over the past 5 years.
Debt Coverage: VTMX's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: VTMX's interest payments on its debt are well covered by EBIT (7x coverage).