BBB Foods (BBB Foods) Debt-to-Equity : 2.53 (As of Mar. 2024)

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What is BBB Foods Debt-to-Equity?

BBB Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $92 Mil. BBB Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $378 Mil. BBB Foods's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $185 Mil. BBB Foods's debt to equity for the quarter that ended in Mar. 2024 was 2.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for BBB Foods's Debt-to-Equity or its related term are showing as below:

TBBB' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.57 Med: -2.24 Max: 2.53
Current: 2.53

During the past 4 years, the highest Debt-to-Equity Ratio of BBB Foods was 2.53. The lowest was -2.57. And the median was -2.24.

TBBB's Debt-to-Equity is ranked worse than
86.74% of 279 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs TBBB: 2.53

BBB Foods Debt-to-Equity Historical Data

The historical data trend for BBB Foods's Debt-to-Equity 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.

BBB Foods Debt-to-Equity Chart

BBB Foods Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

-1.83

-2.24

-2.57

BBB Foods Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			-2.24	N/A	-2.49	-2.57	2.53

Competitive Comparison of BBB Foods's Debt-to-Equity

For the Discount Stores subindustry, BBB Foods's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

BBB Foods's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, BBB Foods's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BBB Foods's Debt-to-Equity falls into.

BBB Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BBB Foods's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(75.506	+	625.917)	/	-273.052
	=	-2.57

BBB Foods's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(91.63	+	377.947)	/	185.295
	=	2.53

BBB Foods (NYSE:TBBB) Debt-to-Equity Explanation

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

BBB Foods Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of BBB Foods's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

BBB Foods (BBB Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » BBB Foods Inc (NYSE:TBBB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Río Danubio 51, Col. Cuauhtemoc, Mexico, MEX, 06500

Website

https://www.tiendas3b.com

BBB Foods Inc is a company offering grocery hard discount model in Mexico. Also that operates through three subsidiaries namely Tiendas Tres B , Tiendas BBB and Desarrolladora Tres BSA de CV of which the main activity of Tiendas Tres B is the sale, purchase, distribution and marketing of all types of products, items and goods, as well as the establishment, and operation of individual stores and distribution centers for the sale of such products.

BBB Foods (BBB Foods) Headlines

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