Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Debt-to-Equity : 0.77 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Fomento Economico MexicanoB de CV Debt-to-Equity?

Fomento Economico MexicanoB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,219 Mil. Fomento Economico MexicanoB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12,502 Mil. Fomento Economico MexicanoB de CV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17,901 Mil. Fomento Economico MexicanoB de CV's debt to equity for the quarter that ended in Dec. 2023 was 0.77.

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

FMX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.67 Max: 1.09
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Fomento Economico MexicanoB de CV was 1.09. The lowest was 0.50. And the median was 0.67.

FMX's Debt-to-Equity is ranked worse than
69.78% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.385 vs FMX: 0.77

Fomento Economico MexicanoB de CV Debt-to-Equity Historical Data

The historical data trend for Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB de CV Debt-to-Equity Chart

Fomento Economico MexicanoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.69

1.04

0.96

1.09

0.77

Fomento Economico MexicanoB 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															1.09	0.87	0.81	0.79	0.77

Competitive Comparison of Fomento Economico MexicanoB de CV's Debt-to-Equity

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB de CV's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Debt-to-Equity distribution charts can be found below:

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

Fomento Economico MexicanoB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fomento Economico MexicanoB 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
	=	(1218.729	+	12501.879)	/	17901.235
	=	0.77

Fomento Economico MexicanoB 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
	=	(1218.729	+	12501.879)	/	17901.235
	=	0.77

Fomento Economico MexicanoB de CV (NYSE:FMX) 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.

Fomento Economico MexicanoB de CV Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Fomento Economico MexicanoB de CV's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fomento Economico Mexicano SAB de CV (NYSE:FMX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FMXUF:USA FEMSAUB:Mexico FEMSAUBD:Mexico FOMC:Germany FOMA:Germany FMX:Argentina

Address

General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410

Website

https://www.femsa.com

Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.