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GBOOF (Grupo Financiero BanorteB de CV) Debt-to-Revenue : 0.30 (As of Sep. 2024)


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What is Grupo Financiero BanorteB de CV Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Grupo Financiero BanorteB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Grupo Financiero BanorteB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7,156 Mil. Grupo Financiero BanorteB de CV's annualized Revenue for the quarter that ended in Sep. 2024 was $23,862 Mil. Grupo Financiero BanorteB de CV's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.30.


Grupo Financiero BanorteB de CV Debt-to-Revenue Historical Data

The historical data trend for Grupo Financiero BanorteB de CV's Debt-to-Revenue 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.

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Grupo Financiero BanorteB de CV Debt-to-Revenue Chart

Grupo Financiero BanorteB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.98 0.87 0.70 0.66

Grupo Financiero BanorteB 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-Revenue 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 0.32 0.62 0.59 N/A 0.30

Competitive Comparison of Grupo Financiero BanorteB de CV's Debt-to-Revenue

For the Banks - Regional subindustry, Grupo Financiero BanorteB de CV's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Financiero BanorteB de CV's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero BanorteB de CV's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Grupo Financiero BanorteB de CV's Debt-to-Revenue falls into.



Grupo Financiero BanorteB de CV Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Grupo Financiero BanorteB de CV's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 7690.414) / 11588.201
=0.66

Grupo Financiero BanorteB de CV's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 7156.257) / 23861.544
=0.30

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Grupo Financiero BanorteB de CV Debt-to-Revenue Related Terms

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Grupo Financiero BanorteB de CV Business Description

Traded in Other Exchanges
Address
14th Floor, Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide variety of products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.