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Grupo AeromexicoB de CV Equity-to-Asset

: -0.45 (As of Sep. 2021)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grupo AeromexicoB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $-2,143 Mil. Grupo AeromexicoB de CV's Total Assets for the quarter that ended in Sep. 2021 was $4,775 Mil. Therefore, Grupo AeromexicoB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was -0.45.

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

OTCPK:GRPAQ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.45   Med: 0.19   Max: 0.26
Current: -0.45

-0.45
0.26

During the past 13 years, the highest Equity to Asset Ratio of Grupo AeromexicoB de CV was 0.26. The lowest was -0.45. And the median was 0.19.

OTCPK:GRPAQ's Equity-to-Asset is ranked lower than
98% of the 942 Companies
in the Transportation industry.

( Industry Median: 0.45 vs. OTCPK:GRPAQ: -0.45 )

Grupo AeromexicoB de CV Equity-to-Asset Historical Data

The historical data trend for Grupo AeromexicoB 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 AeromexicoB de CV Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.19 0.15 0.06 -0.41

Grupo AeromexicoB de CV Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -0.27 -0.41 -0.42 -0.42 -0.45

Competitive Comparison

For the Airlines subindustry, Grupo AeromexicoB 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 AeromexicoB de CV Equity-to-Asset Distribution

For the Transportation industry and Industrials sector, Grupo AeromexicoB de CV's Equity-to-Asset distribution charts can be found below:

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



Grupo AeromexicoB 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 AeromexicoB de CV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=-1651.0724233983/4027.1609286387
=-0.41

Grupo AeromexicoB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=-2143.3890881518/4774.70964427
=-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 AeromexicoB de CV  (OTCPK:GRPAQ) 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 AeromexicoB de CV Equity-to-Asset Related Terms

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


Grupo AeromexicoB de CV Business Description

Grupo AeromexicoB de CV logo
Industry
Industrials » Transportation NAICS : 481111 SIC : 4512
Traded in Other Exchanges
Address
Paseo de la Reforma 445, Col. Cuauhtemoc, Mexico City, MEX, 06500
Grupo Aeroméxico SAB de CV is a leader in Mexican air transportation. Revenue is generated by transporting passengers and air cargo and providing additional amenities to improve travel experiences. The company has one reportable segment, air transportation, and reports revenues by geographic region. Mexico accounts for approximately half of total revenue, with North, Central, and South America comprising another material portion. Grupo Aeromexico is a member of a global alliance with other carriers to better assist customers and increase the number of destinations. Additionally, the company utilizes a joint Aeromexico-Delta maintenance and repair facility to maintain and enhance existing fleet.
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