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Industrias BachocoB de CV (Industrias BachocoB de CV) Equity-to-Asset : 0.70 (As of Sep. 2023)


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What is Industrias BachocoB de CV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Industrias BachocoB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $3,133 Mil. Industrias BachocoB de CV's Total Assets for the quarter that ended in Sep. 2023 was $4,475 Mil. Therefore, Industrias BachocoB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.70.

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

IBAAY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69   Med: 0.72   Max: 0.76
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Industrias BachocoB de CV was 0.76. The lowest was 0.69. And the median was 0.72.

IBAAY's Equity-to-Asset is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.54 vs IBAAY: 0.70

Industrias BachocoB de CV Equity-to-Asset Historical Data

The historical data trend for Industrias BachocoB 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.

Industrias BachocoB de CV Equity-to-Asset Chart

Industrias BachocoB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.72 0.74 0.72 0.72

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
Equity-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 0.73 0.72 0.74 0.72 0.70

Competitive Comparison of Industrias BachocoB de CV's Equity-to-Asset

For the Farm Products subindustry, Industrias BachocoB 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.


Industrias BachocoB de CV's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Industrias BachocoB 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.

Industrias BachocoB de CV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=2692.442/3722.243
=0.72

Industrias BachocoB de CV's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=3132.621/4474.761
=0.70

* 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.


Industrias BachocoB de CV  (OTCPK:IBAAY) 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%.


Industrias BachocoB de CV Equity-to-Asset Related Terms

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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.

Industrias BachocoB de CV (Industrias BachocoB de CV) Headlines

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