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Convertidora IndustrialB de CV (MEX:CONVERA) Liabilities-to-Assets : 0.63 (As of Dec. 2024)


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What is Convertidora IndustrialB de CV Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Convertidora IndustrialB de CV's Total Liabilities for the quarter that ended in Dec. 2024 was MXN1,362 Mil. Convertidora IndustrialB de CV's Total Assets for the quarter that ended in Dec. 2024 was MXN2,170 Mil. Therefore, Convertidora IndustrialB de CV's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.63.


Convertidora IndustrialB de CV Liabilities-to-Assets Historical Data

The historical data trend for Convertidora IndustrialB de CV's Liabilities-to-Assets 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.

Convertidora IndustrialB de CV Liabilities-to-Assets Chart

Convertidora IndustrialB de CV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.59 0.58 0.58 0.63

Convertidora IndustrialB de CV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Liabilities-to-Assets 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 0.58 0.60 0.61 0.62 0.63

Competitive Comparison of Convertidora IndustrialB de CV's Liabilities-to-Assets

For the Packaging & Containers subindustry, Convertidora IndustrialB de CV's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Convertidora IndustrialB de CV's Liabilities-to-Assets Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Convertidora IndustrialB de CV's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Convertidora IndustrialB de CV's Liabilities-to-Assets falls into.


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Convertidora IndustrialB de CV Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Convertidora IndustrialB de CV's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=1362.272/2169.808
=0.63

Convertidora IndustrialB de CV's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=1362.272/2169.808
=0.63

* 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.


Convertidora IndustrialB de CV  (MEX:CONVERA) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Convertidora IndustrialB de CV Liabilities-to-Assets Related Terms

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Convertidora IndustrialB de CV Business Description

Traded in Other Exchanges
N/A
Address
Rio de la Lonza 2073, Atlas, Jalisco, Guadalajara, MEX, 44800
Convertidora Industrial SAB de CV is a Mexico-based company engaged in the production and distribution of plastic film for food packaging and articles for party's decorations.

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