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GrumaB de CV (GrumaB de CV) Debt-to-Asset : 0.39 (As of Mar. 2024)


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What is GrumaB de CV Debt-to-Asset?

GrumaB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $486 Mil. GrumaB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,427 Mil. GrumaB de CV's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $4,855 Mil. GrumaB de CV's debt to asset for the quarter that ended in Mar. 2024 was 0.39.

GrumaB de CV Debt-to-Asset Historical Data

The historical data trend for GrumaB de CV's Debt-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.

GrumaB de CV Debt-to-Asset Chart

GrumaB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.40 0.39 0.45 0.40

GrumaB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-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 0.42 0.44 0.43 0.40 0.39

Competitive Comparison of GrumaB de CV's Debt-to-Asset

For the Packaged Foods subindustry, GrumaB de CV's Debt-to-Asset, along with its competitors' market caps and Debt-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.

GrumaB de CV's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GrumaB de CV's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where GrumaB de CV's Debt-to-Asset falls into.


GrumaB de CV Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

GrumaB de CV's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(469.275 + 1422.435) / 4683.094
=0.40

GrumaB de CV's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(485.906 + 1426.909) / 4854.734
=0.39

* 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.

GrumaB de CV  (GREY:GMKKY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

GrumaB de CV Debt-to-Asset Related Terms

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GrumaB de CV (GrumaB de CV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gruma SAB de CV (GREY:GMKKY) » Definitions » Debt-to-Asset
Comparable Companies
KUOA HERDEZ MINSAB BIMBOA XSWX:NESN KHC XPAR:BN GIS NSE:NESTLEIND SHSE:603288 LSE:ABF SHSE:600887 SZSE:300999 K MKC TSE:2802 HRL BOM:500825 DUB:KRZ CAG
Traded in Other Exchanges
GPAGF:USA GRUMAB:Mexico 3G3B:Germany
Address
Calzada del Valle, 407 Ote., Colonia Del Valle, San Pedro Garza Garcia, NL, MEX, 66220
Website
http://www.gruma.com
Gruma SAB de CV is an international food production company, originally from Mexico. The product portfolio is large: corn and flour tortillas, wheat flour, naan, pita bread, flatbreads, wraps, chapatti, and pizza bases, along with other food products, such as snacks, pasta, rice, condiments, and palm hearts. The company has operations in America, Europe, Asia, and Oceania, and is present in over 100 countries across the globe. Its well-known brands are Maseca, Robin Hood, Mission, Guerrero, Tortiricas and Tosty.