Organizacion SorianaB de CV (Organizacion SorianaB de CV) Debt-to-Equity : 0.32 (As of Jun. 2023)

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What is Organizacion SorianaB de CV Debt-to-Equity?

Organizacion SorianaB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $194 Mil. Organizacion SorianaB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1,162 Mil. Organizacion SorianaB de CV's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $4,293 Mil. Organizacion SorianaB de CV's debt to equity for the quarter that ended in Jun. 2023 was 0.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Organizacion SorianaB de CV's Debt-to-Equity or its related term are showing as below:

ONZBF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.39 Max: 0.65
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Organizacion SorianaB de CV was 0.65. The lowest was 0.02. And the median was 0.39.

ONZBF's Debt-to-Equity is ranked better than
68% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs ONZBF: 0.32

Organizacion SorianaB de CV Debt-to-Equity Historical Data

The historical data trend for Organizacion SorianaB de CV's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Organizacion SorianaB de CV Debt-to-Equity Chart

Organizacion SorianaB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.39

0.52

0.44

0.36

0.31

Organizacion SorianaB de CV Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.32	0.33	0.31	0.31	0.32

Competitive Comparison of Organizacion SorianaB de CV's Debt-to-Equity

For the Department Stores subindustry, Organizacion SorianaB de CV's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Organizacion SorianaB de CV's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Organizacion SorianaB de CV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Organizacion SorianaB de CV's Debt-to-Equity falls into.

Organizacion SorianaB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Organizacion SorianaB de CV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(168.137	+	1026.057)	/	3885.618
	=	0.31

Organizacion SorianaB de CV's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(194.187	+	1162.142)	/	4292.677
	=	0.32

Organizacion SorianaB de CV (OTCPK:ONZBF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Organizacion SorianaB de CV Debt-to-Equity Related Terms

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Organizacion SorianaB de CV (Organizacion SorianaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Organizacion Soriana SAB de CV (OTCPK:ONZBF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SORIANAB:Mexico

Address

Alejandro De rodas 3102-A, Cumbres 8° Sector, Monterrey, MEX, 64610

Website

https://www.soriana.com.mx

Organizacion Soriana SAB de CV is a Mexican company with a multiformat strategy. Soriana offers a diverse range of products: food, clothing, healthcare, and basic services. The company operates self-service stores, warehouse clubs, and convenience stores. Store formats are diverse, from hypermarkets with 7,000-square-metre average sales floor area, as with Soriana Hiper; to stores offering low prices on basic commodities, as with Soriano Mercado; to stores offering high-quality products, as with Soriana Super.