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PMBLF (Promotora AmbientalB de CV) Debt-to-Equity : 1.02 (As of Jun. 2024)


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What is Promotora AmbientalB de CV Debt-to-Equity?

Promotora AmbientalB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $23.2 Mil. Promotora AmbientalB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $134.1 Mil. Promotora AmbientalB de CV's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $154.7 Mil. Promotora AmbientalB de CV's debt to equity for the quarter that ended in Jun. 2024 was 1.02.

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 Promotora AmbientalB de CV's Debt-to-Equity or its related term are showing as below:

PMBLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51   Med: 0.98   Max: 1.19
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of Promotora AmbientalB de CV was 1.19. The lowest was 0.51. And the median was 0.98.

PMBLF's Debt-to-Equity is ranked worse than
70.91% of 220 companies
in the Waste Management industry
Industry Median: 0.655 vs PMBLF: 1.02

Promotora AmbientalB de CV Debt-to-Equity Historical Data

The historical data trend for Promotora AmbientalB 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.

Promotora AmbientalB de CV Debt-to-Equity Chart

Promotora AmbientalB 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 1.08 1.19 1.14 1.06 1.19

Promotora AmbientalB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.03 1.08 1.19 1.05 1.02

Competitive Comparison of Promotora AmbientalB de CV's Debt-to-Equity

For the Waste Management subindustry, Promotora AmbientalB 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.


Promotora AmbientalB de CV's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Promotora AmbientalB de CV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Promotora AmbientalB de CV's Debt-to-Equity falls into.



Promotora AmbientalB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Promotora AmbientalB de CV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Promotora AmbientalB de CV's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Promotora AmbientalB de CV  (GREY:PMBLF) 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.


Promotora AmbientalB de CV Debt-to-Equity Related Terms

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Promotora AmbientalB de CV Business Description

Traded in Other Exchanges
Address
Boulevard Antonio Rodriguez 1884, Tower 1st Floor 8 Col. Santa Maria, Monterrey, MEX, 64650
Promotora Ambiental SAB de CV provides private and domestic solid waste collection services, construction and operation of landfills. The company offers services to the petroleum industry in Mexico.

Promotora AmbientalB de CV Headlines

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