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Industrias BachocoB de CV (Industrias BachocoB de CV) Debt-to-EBITDA : 0.52 (As of Sep. 2023)


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What is Industrias BachocoB de CV Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Industrias BachocoB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $169 Mil. Industrias BachocoB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $208 Mil. Industrias BachocoB de CV's annualized EBITDA for the quarter that ended in Sep. 2023 was $721 Mil. Industrias BachocoB de CV's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.52.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Industrias BachocoB de CV's Debt-to-EBITDA or its related term are showing as below:

IBAAY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.31   Med: 0.52   Max: 0.84
Current: 0.68

During the past 13 years, the highest Debt-to-EBITDA Ratio of Industrias BachocoB de CV was 0.84. The lowest was 0.31. And the median was 0.52.

IBAAY's Debt-to-EBITDA is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 2.16 vs IBAAY: 0.68

Industrias BachocoB de CV Debt-to-EBITDA Historical Data

The historical data trend for Industrias BachocoB de CV's Debt-to-EBITDA 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.

Industrias BachocoB de CV Debt-to-EBITDA Chart

Industrias BachocoB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.84 0.44 0.31 0.45

Industrias BachocoB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA 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 0.53 1.32 0.44 0.38 0.52

Competitive Comparison of Industrias BachocoB de CV's Debt-to-EBITDA

For the Farm Products subindustry, Industrias BachocoB de CV's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Industrias BachocoB de CV's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Industrias BachocoB de CV's Debt-to-EBITDA falls into.



Industrias BachocoB de CV Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Industrias BachocoB de CV's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(78.585 + 165.65) / 538.901
=0.45

Industrias BachocoB de CV's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(169.391 + 208.193) / 721.216
=0.52

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2023) EBITDA data.


Industrias BachocoB de CV  (OTCPK:IBAAY) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Industrias BachocoB de CV Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Industrias BachocoB de CV's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Tecnologico 401, Ciudad Industrial, Celaya, GTO, MEX, 38010
Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.

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