Grupo BimboB de CV (Grupo BimboB de CV) Debt-to-Equity

: 1.23 (As of Sep. 2023)

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Grupo BimboB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,668 Mil. Grupo BimboB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6,058 Mil. Grupo BimboB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $6,280 Mil. Grupo BimboB de CV's debt to equity for the quarter that ended in Sep. 2023 was 1.23.

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

GRBMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 1.23 Max: 1.65
Current: 1.23

During the past 13 years, the highest Debt-to-Equity Ratio of Grupo BimboB de CV was 1.65. The lowest was 0.02. And the median was 1.23.

GRBMF's Debt-to-Equity is ranked worse than
82.78% of 1638 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs GRBMF: 1.23

Grupo BimboB de CV Debt-to-Equity Historical Data

The historical data trend for Grupo BimboB 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.

Grupo BimboB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

1.15

1.52

1.37

1.28

0.91

Grupo BimboB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity																1.27	0.91	1.10	1.23	1.23

Competitive Comparison

For the Packaged Foods subindustry, Grupo BimboB 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.

Grupo BimboB de CV Debt-to-Equity Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo BimboB de CV's Debt-to-Equity distribution charts can be found below:

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

Grupo BimboB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupo BimboB 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
	=	(634.233	+	5174.087)	/	6365.973
	=	0.91

Grupo BimboB de CV's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1668.474	+	6057.678)	/	6279.511
	=	1.23

Grupo BimboB de CV (OTCPK:GRBMF) 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.

Grupo BimboB de CV Debt-to-Equity Related Terms

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Grupo BimboB de CV (Grupo BimboB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grupo Bimbo SAB de CV (OTCPK:GRBMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BMBOY:USA BIMBOA:Mexico 4GM:Germany

Address

Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Delegacion Alvaro Obregon, Mexico, MEX, MEX, 01210

Website

http://www.grupobimbo.com

Grupo Bimbo SAB de CV is an international baking-products manufacturer. The company operates in over 22 countries throughout the Americas, Europe, and Asia. The firm's key product categories are packed bread, sweet baked goods, salty snacks, cookies, solutions (tortillas, pitas, wraps), prepacked foods, confectionery, and others. The key brands are Bimbo, Ideal, Ricolino, Oroweat, Arnold, Thomas, and Sara Lee. Grupo Bimbo has a large direct distribution network that allows the company to distribute products from its own plants (based in Uruguay, Rio de Janeiro, China, Santiago de Chile, and Argentina) to sales centers and warehouses.