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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Equity-to-Asset

: 0.37 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fomento Economico MexicanoB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $17,263 Mil. Fomento Economico MexicanoB de CV's Total Assets for the quarter that ended in Sep. 2023 was $46,970 Mil. Therefore, Fomento Economico MexicanoB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.37.

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

FMX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.4   Max: 0.47
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Fomento Economico MexicanoB de CV was 0.47. The lowest was 0.33. And the median was 0.40.

FMX's Equity-to-Asset is ranked worse than
54.88% of 215 companies
in the Beverages - Alcoholic industry
Industry Median: 0.5 vs FMX: 0.47

Fomento Economico MexicanoB de CV Equity-to-Asset Historical Data

The historical data trend for Fomento Economico MexicanoB 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.40 [6] => 0.35 [7] => 0.36 [8] => 0.33 [9] => 0.47 )
Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.35 0.36 0.33 0.47

Fomento Economico MexicanoB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.33 0.35 0.37 0.37 0.47

Competitive Comparison

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB 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.


Fomento Economico MexicanoB de CV Equity-to-Asset Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Equity-to-Asset falls into.



Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB de CV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=13469.635/40973.277
=0.33

Fomento Economico MexicanoB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=17263.091/46969.564
=0.37

* 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.


Fomento Economico MexicanoB de CV  (NYSE:FMX) 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%.


Fomento Economico MexicanoB de CV Equity-to-Asset Related Terms

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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.