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Grupo Aeroportuario del Centro NorteB de CV (FRA:G7A) Debt-to-Equity : 1.18 (As of Sep. 2024)


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What is Grupo Aeroportuario del Centro NorteB de CV Debt-to-Equity?

Grupo Aeroportuario del Centro NorteB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €1.2 Mil. Grupo Aeroportuario del Centro NorteB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €495.9 Mil. Grupo Aeroportuario del Centro NorteB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €421.2 Mil. Grupo Aeroportuario del Centro NorteB de CV's debt to equity for the quarter that ended in Sep. 2024 was 1.18.

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 Aeroportuario del Centro NorteB de CV's Debt-to-Equity or its related term are showing as below:

FRA:G7A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 0.75   Max: 1.5
Current: 1.18

During the past 13 years, the highest Debt-to-Equity Ratio of Grupo Aeroportuario del Centro NorteB de CV was 1.50. The lowest was 0.42. And the median was 0.75.

FRA:G7A's Debt-to-Equity is ranked worse than
75.68% of 880 companies
in the Transportation industry
Industry Median: 0.54 vs FRA:G7A: 1.18

Grupo Aeroportuario del Centro NorteB de CV Debt-to-Equity Historical Data

The historical data trend for Grupo Aeroportuario del Centro NorteB 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 Aeroportuario del Centro NorteB de CV Debt-to-Equity Chart

Grupo Aeroportuario del Centro NorteB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.44 0.72 1.24 1.13

Grupo Aeroportuario del Centro NorteB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity 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 N/A 1.13 1.01 1.39 1.18

Competitive Comparison of Grupo Aeroportuario del Centro NorteB de CV's Debt-to-Equity

For the Airports & Air Services subindustry, Grupo Aeroportuario del Centro NorteB 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 Aeroportuario del Centro NorteB de CV's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grupo Aeroportuario del Centro NorteB de CV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grupo Aeroportuario del Centro NorteB de CV's Debt-to-Equity falls into.



Grupo Aeroportuario del Centro NorteB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupo Aeroportuario del Centro NorteB de CV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Grupo Aeroportuario del Centro NorteB de CV's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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 Aeroportuario del Centro NorteB de CV  (FRA:G7A) 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 Aeroportuario del Centro NorteB de CV Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Grupo Aeroportuario del Centro NorteB de CV's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Aeroportuario del Centro NorteB de CV Business Description

Traded in Other Exchanges
Address
Avenue Patriotismo 201, Plaza Metropoli Patriotismo, 5th Floor, Col. San Pedro de los Pinos, Benito Juarez, MEX, MEX, 03800
Grupo Aeroportuario del Centro Norte SAB de CV operates airports in the central region of Mexico. The airport is in Monterrey, which serves nearly half of the company's total passengers. In addition, the company manages two hotels and one industrial park.

Grupo Aeroportuario del Centro NorteB de CV Headlines

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