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Grupo HerdezB de CV (MEX:HERDEZ) Debt-to-Asset : 0.27 (As of Mar. 2024)


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What is Grupo HerdezB de CV Debt-to-Asset?

Grupo HerdezB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MXN394 Mil. Grupo HerdezB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MXN9,953 Mil. Grupo HerdezB de CV's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was MXN38,155 Mil. Grupo HerdezB de CV's debt to asset for the quarter that ended in Mar. 2024 was 0.27.


Grupo HerdezB de CV Debt-to-Asset Historical Data

The historical data trend for Grupo HerdezB 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.

* Premium members only.

Grupo HerdezB de CV Debt-to-Asset Chart

Grupo HerdezB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.31 0.30 0.30 0.28

Grupo HerdezB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.30 0.30 0.28 0.27

Competitive Comparison of Grupo HerdezB de CV's Debt-to-Asset

For the Packaged Foods subindustry, Grupo HerdezB 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.


Grupo HerdezB de CV's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Grupo HerdezB de CV Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Grupo HerdezB de CV's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(452.061 + 10000.934) / 37726.524
=0.28

Grupo HerdezB de CV's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(394.013 + 9952.729) / 38155.03
=0.27

* 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.


Grupo HerdezB de CV  (MEX:HERDEZ) 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.


Grupo HerdezB de CV Debt-to-Asset Related Terms

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Grupo HerdezB de CV (MEX:HERDEZ) Business Description

Traded in Other Exchanges
Address
Monte Pelvaoux 215, Col. Lomas de Chapultepec, Miguel Hidalgo, Mexico, MEX, 11000
Grupo Herdez SAB de CV specialises in the processed food and ice cream industries, with its operations primarily in Mexico. The company engages in the manufacturing, purchasing, distributing, and marketing of canned and packaged food products in Mexico, as well as food products at the Mexican food segment within the United States. Product segments include burritos, canned vegetables, frozen yogurt, guacamole, and home-style salsas. Products are then sold through a variety of brands, such as Aires de Campo, Barilla, Bufalo and many more.

Grupo HerdezB de CV (MEX:HERDEZ) Headlines

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