America MovilB de CV (America MovilB de CV) Equity-to-Asset

: 0.23 (As of Sep. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. America MovilB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $21,098 Mil. America MovilB de CV's Total Assets for the quarter that ended in Sep. 2023 was $91,403 Mil. Therefore, America MovilB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.23.

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

AMX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.15 Max: 0.27
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of America MovilB de CV was 0.27. The lowest was 0.08. And the median was 0.15.

AMX's Equity-to-Asset is ranked worse than
72.01% of 393 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs AMX: 0.27

America MovilB de CV Equity-to-Asset Historical Data

The historical data trend for America MovilB 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.

America MovilB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.12

0.15

0.23

0.27

America MovilB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.23	0.22	0.22	0.23	0.27

Competitive Comparison

For the Telecom Services subindustry, America MovilB 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.

America MovilB de CV Equity-to-Asset Distribution

For the Telecommunication Services industry and Communication Services sector, America MovilB de CV's Equity-to-Asset distribution charts can be found below:

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

America MovilB 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.

America MovilB de CV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	19173.405	/	82996.478
	=	0.23

America MovilB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	21098.356	/	91403.151
	=	0.23

America MovilB de CV (NYSE:AMX) 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%.

America MovilB de CV Equity-to-Asset Related Terms

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America MovilB de CV (America MovilB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » America Movil SAB de CV (NYSE:AMX) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

AMXOF:USA AMX B:Mexico MV91:Germany MV91:Germany MV9L:Germany MV90:Germany AMX:Argentina

Address

Lago Zurich 245, Plaza Carso / Edificio Telcel, Colonia Ampliacion Granada, Delegacion Miguel Hidalgo, Piso 16, Mexico City, DF, MEX, 11529

Website

https://www.americamovil.com

America Movil is the largest telecom carrier in Latin America, serving about 300 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the U.S. to Verizon in 2021 and now owns a 1.4% stake in the U.S. telecom giant. The firm also holds a 57% stake in Telekom Austria and a 16% stake in Dutch carrier KPN.