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FIBRA HD Services SC (MEX:FNOVA17) Debt-to-Equity : 0.91 (As of Sep. 2023)


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What is FIBRA HD Services SC Debt-to-Equity?

FIBRA HD Services SC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was MXN165.1 Mil. FIBRA HD Services SC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was MXN2,801.4 Mil. FIBRA HD Services SC's Total Stockholders Equity for the quarter that ended in Sep. 2023 was MXN3,259.9 Mil. FIBRA HD Services SC's debt to equity for the quarter that ended in Sep. 2023 was 0.91.

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 FIBRA HD Services SC's Debt-to-Equity or its related term are showing as below:

MEX:FNOVA17' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.82   Max: 0.96
Current: 0.91

During the past 12 years, the highest Debt-to-Equity Ratio of FIBRA HD Services SC was 0.96. The lowest was 0.02. And the median was 0.82.

MEX:FNOVA17's Debt-to-Equity is ranked worse than
60.62% of 678 companies
in the REITs industry
Industry Median: 0.785 vs MEX:FNOVA17: 0.91

FIBRA HD Services SC Debt-to-Equity Historical Data

The historical data trend for FIBRA HD Services SC'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.

FIBRA HD Services SC Debt-to-Equity Chart

FIBRA HD Services SC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.09 0.19 0.63

FIBRA HD Services SC 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 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 0.90 0.63 0.92 0.90 0.91

Competitive Comparison of FIBRA HD Services SC's Debt-to-Equity

For the REIT - Diversified subindustry, FIBRA HD Services SC'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.


FIBRA HD Services SC's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FIBRA HD Services SC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FIBRA HD Services SC's Debt-to-Equity falls into.



FIBRA HD Services SC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FIBRA HD Services SC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

FIBRA HD Services SC's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


FIBRA HD Services SC  (MEX:FNOVA17) 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.


FIBRA HD Services SC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of FIBRA HD Services SC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


FIBRA HD Services SC (MEX:FNOVA17) Business Description

Traded in Other Exchanges
Address
Avenue Santa Fe No. 428, Tower 1, OF. 202, Mexico, MEX
FIBRA HD Services SC is a real estate investment trust. The company is engaged in the acquisition of diversified properties.

FIBRA HD Services SC (MEX:FNOVA17) Headlines

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