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Grupo BimboB de CV (Grupo BimboB de CV) Debt-to-EBITDA : 3.20 (As of Mar. 2024)


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What is Grupo BimboB de CV Debt-to-EBITDA?

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

Grupo BimboB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $917 Mil. Grupo BimboB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8,444 Mil. Grupo BimboB de CV's annualized EBITDA for the quarter that ended in Mar. 2024 was $2,926 Mil. Grupo BimboB de CV's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.20.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Grupo BimboB de CV's Debt-to-EBITDA or its related term are showing as below:

BMBOY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.59   Med: 3.11   Max: 3.89
Current: 3.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of Grupo BimboB de CV was 3.89. The lowest was 1.59. And the median was 3.11.

BMBOY's Debt-to-EBITDA is ranked worse than
68.7% of 1428 companies
in the Consumer Packaged Goods industry
Industry Median: 2.145 vs BMBOY: 3.89

Grupo BimboB de CV Debt-to-EBITDA Historical Data

The historical data trend for Grupo BimboB de CV's Debt-to-EBITDA 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 BimboB de CV Debt-to-EBITDA Chart

Grupo BimboB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 3.25 2.82 2.55 1.59

Grupo BimboB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Debt-to-EBITDA 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 1.00 2.30 2.32 2.39 3.20

Competitive Comparison of Grupo BimboB de CV's Debt-to-EBITDA

For the Packaged Foods subindustry, Grupo BimboB de CV's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 BimboB de CV's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo BimboB de CV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Grupo BimboB de CV's Debt-to-EBITDA falls into.



Grupo BimboB de CV Debt-to-EBITDA Calculation

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

Grupo BimboB de CV's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(634.233 + 5174.087) / 3663.521
=1.59

Grupo BimboB de CV's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(916.702 + 8443.801) / 2926.444
=3.20

* 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-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


Grupo BimboB de CV  (OTCPK:BMBOY) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Grupo BimboB de CV Debt-to-EBITDA Related Terms

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


Grupo BimboB de CV (Grupo BimboB de CV) Business Description

Traded in Other Exchanges
Address
Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Delegacion Alvaro Obregon, Mexico, MEX, MEX, 01210
Grupo Bimbo SAB de CV is an international baking-products manufacturer. The company operates in over 22 countries throughout the Americas, Europe, and Asia. The firm's key product categories are packed bread, sweet baked goods, salty snacks, cookies, solutions (tortillas, pitas, wraps), prepacked foods, confectionery, and others. The key brands are Bimbo, Ideal, Ricolino, Oroweat, Arnold, Thomas, and Sara Lee. Grupo Bimbo has a large direct distribution network that allows the company to distribute products from its own plants (based in Uruguay, Rio de Janeiro, China, Santiago de Chile, and Argentina) to sales centers and warehouses.