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Industrias BachocoB de CV (Industrias BachocoB de CV) Liabilities-to-Assets : 0.30 (As of Sep. 2023)


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What is Industrias BachocoB 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. Industrias BachocoB de CV's Total Liabilities for the quarter that ended in Sep. 2023 was $1,318 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 Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.30.


Industrias BachocoB de CV Liabilities-to-Assets Historical Data

The historical data trend for Industrias BachocoB 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.

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Industrias BachocoB de CV Liabilities-to-Assets Chart

Industrias BachocoB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.28 0.25 0.27 0.27

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
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 0.26 0.27 0.26 0.27 0.30

Competitive Comparison of Industrias BachocoB de CV's Liabilities-to-Assets

For the Farm Products subindustry, Industrias BachocoB 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.


Industrias BachocoB de CV's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

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



Industrias BachocoB 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.

Industrias BachocoB de CV's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=1008.796/3722.243
=0.27

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

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=1318.246/4474.761
=0.29

* 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:IDBHF) 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.


Industrias BachocoB de CV Liabilities-to-Assets 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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