KOF (Coca-Cola FemsaB de CV) Debt-to-Equity : 0.53 (As of Sep. 2024)

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What is Coca-Cola FemsaB de CV Debt-to-Equity?

Coca-Cola FemsaB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $171 Mil. Coca-Cola FemsaB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3,633 Mil. Coca-Cola FemsaB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $7,125 Mil. Coca-Cola FemsaB de CV's debt to equity for the quarter that ended in Sep. 2024 was 0.53.

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 Coca-Cola FemsaB de CV's Debt-to-Equity or its related term are showing as below:

KOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53 Med: 0.68 Max: 0.88
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Coca-Cola FemsaB de CV was 0.88. The lowest was 0.53. And the median was 0.68.

KOF's Debt-to-Equity is ranked worse than
66.33% of 98 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.255 vs KOF: 0.53

Coca-Cola FemsaB de CV Debt-to-Equity Historical Data

The historical data trend for Coca-Cola FemsaB 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.

Coca-Cola FemsaB de CV Debt-to-Equity Chart

Coca-Cola FemsaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.58

0.76

0.72

0.64

0.53

Coca-Cola FemsaB de CV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.53	0.56	0.56	0.53

Competitive Comparison of Coca-Cola FemsaB de CV's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Coca-Cola FemsaB 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.

Coca-Cola FemsaB de CV's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola FemsaB de CV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Coca-Cola FemsaB de CV's Debt-to-Equity falls into.

Coca-Cola FemsaB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coca-Cola FemsaB 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
	=	(52.55	+	3937.906)	/	7483.395
	=	0.53

Coca-Cola FemsaB de CV's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(171.404	+	3632.753)	/	7125.488
	=	0.53

Coca-Cola FemsaB de CV (NYSE:KOF) 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.

Coca-Cola FemsaB de CV Debt-to-Equity Related Terms

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Coca-Cola FemsaB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Femsa SAB de CV (NYSE:KOF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

COCSF:USA KOFUBL:Mexico CFS5:Germany CFSL:Germany CFSL:Germany KOF:Argentina

Address

Calle Mario Pani Number 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348

Website

https://www.coca-colafemsa.com

Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through modern trade, traditional trade and the on-premises channel. Mexico and Brazil make up 80% of total sales, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting power.