AlfaB de CV (AlfaB de CV) Debt-to-Equity : 4.66 (As of Dec. 2023)

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What is AlfaB de CV Debt-to-Equity?

AlfaB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $816 Mil. AlfaB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,243 Mil. AlfaB de CV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,301 Mil. AlfaB de CV's debt to equity for the quarter that ended in Dec. 2023 was 4.66.

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 AlfaB de CV's Debt-to-Equity or its related term are showing as below:

ALFFF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.67 Med: 2.2 Max: 4.66
Current: 4.66

During the past 13 years, the highest Debt-to-Equity Ratio of AlfaB de CV was 4.66. The lowest was 1.67. And the median was 2.20.

ALFFF's Debt-to-Equity is ranked worse than
99.14% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs ALFFF: 4.66

AlfaB de CV Debt-to-Equity Historical Data

The historical data trend for AlfaB 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.

AlfaB de CV Debt-to-Equity Chart

AlfaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.99

3.26

3.24

2.72

4.66

AlfaB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.72	2.68	2.91	2.96	4.66

Competitive Comparison of AlfaB de CV's Debt-to-Equity

For the Specialty Chemicals subindustry, AlfaB 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.

AlfaB de CV's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AlfaB de CV's Debt-to-Equity distribution charts can be found below:

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

AlfaB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AlfaB de CV's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(815.588	+	5243.001)	/	1300.971
	=	4.66

AlfaB de CV's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(815.588	+	5243.001)	/	1300.971
	=	4.66

AlfaB de CV (OTCPK:ALFFF) 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.

AlfaB de CV Debt-to-Equity Related Terms

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AlfaB de CV (AlfaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alfa SAB de CV (OTCPK:ALFFF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALFAA:Mexico XALFA:Spain

Address

Avenue Gomez Morin Sur No. 1111, Colonia Carrizalejo, San Pedro Garza García, NL, MEX, 66254

Website

https://www.alfa.com.mx

Alfa SAB de CV is a Mexican company controlling three principal businesses: Alpek; Sigma and Axtel. The segments of the company are: 1) Alpek, This segment operates in the petrochemical and synthetic fibers industry, and its revenues are derived from sales of its products: polyester, plastics and chemicals. 2) Sigma, This segment operates in the refrigerated food sector and its revenues are derived from sales of its main products: deli meats, dairy and other processed foods. 3) Axtel, This segment operates in the telecommunications sector and its revenues are derived from the provision of data transmission services, internet and long-distance phone service. 4) Other segments, include all other companies operating in business services and others that are non-reportable segments.