Industrias BachocoB de CV (Industrias BachocoB de CV) Debt-to-Asset : 0.08 (As of Sep. 2023)

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What is Industrias BachocoB de CV Debt-to-Asset?

Industrias BachocoB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $169 Mil. Industrias BachocoB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $208 Mil. Industrias BachocoB de CV's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $4,475 Mil. Industrias BachocoB de CV's debt to asset for the quarter that ended in Sep. 2023 was 0.08.

Industrias BachocoB de CV Debt-to-Asset Historical Data

The historical data trend for Industrias BachocoB de CV's Debt-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.

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Industrias BachocoB de CV Debt-to-Asset Chart

Industrias BachocoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

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0.10

0.06

0.04

0.07

Industrias BachocoB 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-Asset	Get a 7-Day Free Trial															0.06	0.07	0.06	0.07	0.08

Competitive Comparison of Industrias BachocoB de CV's Debt-to-Asset

For the Farm Products subindustry, Industrias BachocoB de CV's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Industrias BachocoB de CV's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Industrias BachocoB de CV's Debt-to-Asset falls into.

Industrias BachocoB de CV Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Industrias BachocoB de CV's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(78.585	+	165.65)	/	3722.243
	=	0.07

Industrias BachocoB de CV's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(169.391	+	208.193)	/	4474.761
	=	0.08

Industrias BachocoB de CV (OTCPK:IBAAY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Industrias BachocoB de CV Debt-to-Asset Related Terms

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Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Industrias Bachoco SAB de CV (OTCPK:IBAAY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

BACHOCOB:Mexico

Address

Avenida Tecnologico 401, Ciudad Industrial, Celaya, GTO, MEX, 38010

Website

https://www.bachoco.com.mx

Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.