BBB Foods (BBB Foods) LT-Debt-to-Total-Asset : 0.34 (As of Mar. 2024)

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What is BBB Foods LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. BBB Foods's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.34.

BBB Foods's long-term debt to total assets ratio declined from Dec. 2022 (0.82) to Mar. 2024 (0.34). It may suggest that BBB Foods is progressively becoming less dependent on debt to grow their business.

BBB Foods LT-Debt-to-Total-Asset Historical Data

The historical data trend for BBB Foods's LT-Debt-to-Total-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.

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BBB Foods LT-Debt-to-Total-Asset Chart

BBB Foods Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.93

0.82

0.71

BBB Foods Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.82	-	0.73	0.71	0.34

BBB Foods LT-Debt-to-Total-Asset Calculation

BBB Foods's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	625.917	/	881.559
	=	0.71

BBB Foods's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	377.947	/	1126.25
	=	0.34

BBB Foods (NYSE:TBBB) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

BBB Foods LT-Debt-to-Total-Asset Related Terms

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BBB Foods (BBB Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » BBB Foods Inc (NYSE:TBBB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TBBB:Mexico

Address

Río Danubio 51, Col. Cuauhtemoc, Mexico, MEX, 06500

Website

https://www.tiendas3b.com

BBB Foods Inc is a company offering grocery hard discount model in Mexico. Also that operates through three subsidiaries namely Tiendas Tres B , Tiendas BBB and Desarrolladora Tres BSA de CV of which the main activity of Tiendas Tres B is the sale, purchase, distribution and marketing of all types of products, items and goods, as well as the establishment, and operation of individual stores and distribution centers for the sale of such products.

BBB Foods (BBB Foods) Headlines

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