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Grupo IndustrialltilloB de CV (MEX:GISSAA) Equity-to-Asset : 0.45 (As of Sep. 2024)


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What is Grupo IndustrialltilloB de CV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grupo IndustrialltilloB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2024 was MXN10,621 Mil. Grupo IndustrialltilloB de CV's Total Assets for the quarter that ended in Sep. 2024 was MXN23,743 Mil. Therefore, Grupo IndustrialltilloB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.45.

The historical rank and industry rank for Grupo IndustrialltilloB de CV's Equity-to-Asset or its related term are showing as below:

MEX:GISSAA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.48   Max: 0.7
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Grupo IndustrialltilloB de CV was 0.70. The lowest was 0.42. And the median was 0.48.

MEX:GISSAA's Equity-to-Asset is ranked worse than
53.2% of 1329 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs MEX:GISSAA: 0.45

Grupo IndustrialltilloB de CV Equity-to-Asset Historical Data

The historical data trend for Grupo IndustrialltilloB de CV's Equity-to-Asset 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 IndustrialltilloB de CV Equity-to-Asset Chart

Grupo IndustrialltilloB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.50 0.48 0.42 0.48

Grupo IndustrialltilloB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset 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 0.46 0.48 0.46 0.44 0.45

Competitive Comparison of Grupo IndustrialltilloB de CV's Equity-to-Asset

For the Auto Parts subindustry, Grupo IndustrialltilloB de CV's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 IndustrialltilloB de CV's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grupo IndustrialltilloB de CV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grupo IndustrialltilloB de CV's Equity-to-Asset falls into.


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Grupo IndustrialltilloB de CV Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Grupo IndustrialltilloB de CV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=9621.886/20212.289
=0.48

Grupo IndustrialltilloB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=10621.302/23742.583
=0.45

* 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.


Grupo IndustrialltilloB de CV  (MEX:GISSAA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Grupo IndustrialltilloB de CV Equity-to-Asset Related Terms

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


Grupo IndustrialltilloB de CV Business Description

Traded in Other Exchanges
N/A
Address
375 Chiapas Esquina Candela, Saltillo, Coahuila, MEX, 25280
Grupo Industrial Saltillo SAB de CV is an integrated industrial company that operates through three business segments: construction materials, the iron foundry division, and the domestic goods unit. The construction segment creates ceramics, indoor heaters, and industrial water heaters. The iron foundry produces gray iron, nodular iron, aluminum, and auto parts. The auto parts include engine blocks and heads for both diesel and gas engines and the firm's primary clients for these goods include automobile and industrial companies. The company's domestic goods business manufactures appliances, tableware, and kitchenware products. The company generates the vast majority of its revenue in Mexico.

Grupo IndustrialltilloB de CV Headlines

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