Betterware de MexicoPI de CV (Betterware de MexicoPI de CV) LT-Debt-to-Total-Asset : 0.44 (As of Mar. 2024)

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What is Betterware de MexicoPI de CV 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. Betterware de MexicoPI de CV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.44.

Betterware de MexicoPI de CV's long-term debt to total assets ratio declined from Mar. 2023 (0.47) to Mar. 2024 (0.44). It may suggest that Betterware de MexicoPI de CV is progressively becoming less dependent on debt to grow their business.

Betterware de MexicoPI de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Betterware de MexicoPI de CV'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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Betterware de MexicoPI de CV LT-Debt-to-Total-Asset Chart

Betterware de MexicoPI de CV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.30

0.12

0.29

0.54

0.44

Betterware de MexicoPI de CV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.44	0.44	0.44	0.44

Betterware de MexicoPI de CV LT-Debt-to-Total-Asset Calculation

Betterware de MexicoPI de CV'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 )
	=	287.41	/	653.233
	=	0.44

Betterware de MexicoPI de CV'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 )
	=	288.084	/	655.132
	=	0.44

Betterware de MexicoPI de CV (NAS:BWMX) 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.

Betterware de MexicoPI de CV LT-Debt-to-Total-Asset Related Terms

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Betterware de MexicoPI de CV (Betterware de MexicoPI de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Betterware de Mexico SAPI de CV (NAS:BWMX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BM0:Germany

Address

Luis Enrique Williams 549, Colonia Belenes Norte, Zapopan, JAL, MEX, 45145

Website

https://www.betterware.com.mx

Betterware de Mexico SAPI de CV is a direct-to-consumer selling company. The company operates through two business segments: the home organization products (Betterware segment or BWM segment) and the beauty and personal care products (B and PC) (JAFRA segment). The Betterware's segment is divided in six categories of the home organization: i) Kitchen and food preservation, ii) Home solutions, iii) Bedroom, iv) Bathroom, v) Laundry and Cleaning and vi) Tech and mobility. The JAFRA's segment is divided in four categories of the beauty and personal care: i) fragrance, ii) color, iii) skin care and iv) toiletries. The company's segments products are sold in twelve catalogs published throughout the year. The company operates mainly in Mexico and the United States.