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GMecxico Transportes de CV (GMecxico Transportes de CV) Equity-to-Asset : 0.47 (As of Mar. 2024)


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What is GMecxico Transportes de CV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GMecxico Transportes de CV's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $3,327 Mil. GMecxico Transportes de CV's Total Assets for the quarter that ended in Mar. 2024 was $7,021 Mil. Therefore, GMecxico Transportes de CV's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.47.

The historical rank and industry rank for GMecxico Transportes de CV's Equity-to-Asset or its related term are showing as below:

GMXTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.47   Max: 0.63
Current: 0.47

During the past 10 years, the highest Equity to Asset Ratio of GMecxico Transportes de CV was 0.63. The lowest was 0.36. And the median was 0.47.

GMXTF's Equity-to-Asset is ranked worse than
52.04% of 978 companies
in the Transportation industry
Industry Median: 0.49 vs GMXTF: 0.47

GMecxico Transportes de CV Equity-to-Asset Historical Data

The historical data trend for GMecxico Transportes de CV's Equity-to-Asset 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.

GMecxico Transportes de CV Equity-to-Asset Chart

GMecxico Transportes de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.46 0.46 0.50 0.48

GMecxico Transportes de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.48 0.49 0.48 0.47

Competitive Comparison of GMecxico Transportes de CV's Equity-to-Asset

For the Railroads subindustry, GMecxico Transportes de CV's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


GMecxico Transportes de CV's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, GMecxico Transportes de CV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where GMecxico Transportes de CV's Equity-to-Asset falls into.



GMecxico Transportes de CV Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

GMecxico Transportes de CV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3272.986/6842.326
=0.48

GMecxico Transportes de CV's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=3326.731/7020.509
=0.47

* 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.


GMecxico Transportes de CV  (OTCPK:GMXTF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


GMecxico Transportes de CV Equity-to-Asset Related Terms

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GMecxico Transportes de CV (GMecxico Transportes de CV) Business Description

Traded in Other Exchanges
Address
Edificio Parque Reforma Campos Eliseos 400, Col. Lomas de Chapultepec, Mexico City, DF, MEX, 11000
GMecxico Transportes SA de CV is engaged in copper production, rail transportation, and infrastructure businesses.

GMecxico Transportes de CV (GMecxico Transportes de CV) Headlines

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