Grupo Mundial Tenedora (XPTY:GMUN) Debt-to-Equity : 0.08 (As of Dec. 2023)

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What is Grupo Mundial Tenedora Debt-to-Equity?

Grupo Mundial Tenedora's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Grupo Mundial Tenedora's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.51 Mil. Grupo Mundial Tenedora's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $46.70 Mil. Grupo Mundial Tenedora's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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 Grupo Mundial Tenedora's Debt-to-Equity or its related term are showing as below:

XPTY:GMUN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.19 Max: 2.5
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Grupo Mundial Tenedora was 2.50. The lowest was 0.08. And the median was 0.19.

XPTY:GMUN's Debt-to-Equity is ranked better than
74.18% of 612 companies
in the Capital Markets industry
Industry Median: 0.365 vs XPTY:GMUN: 0.08

Grupo Mundial Tenedora Debt-to-Equity Historical Data

The historical data trend for Grupo Mundial Tenedora'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.

Grupo Mundial Tenedora Debt-to-Equity Chart

Grupo Mundial Tenedora Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.21

0.17

0.14

0.08

Grupo Mundial Tenedora Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.13	0.12	0.11	0.08

Competitive Comparison of Grupo Mundial Tenedora's Debt-to-Equity

For the Capital Markets subindustry, Grupo Mundial Tenedora'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.

Grupo Mundial Tenedora's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Grupo Mundial Tenedora's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grupo Mundial Tenedora's Debt-to-Equity falls into.

Grupo Mundial Tenedora Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupo Mundial Tenedora'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
	=	(0	+	3.514)	/	46.699
	=	0.08

Grupo Mundial Tenedora's Debt to Equity Ratio for the quarter 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
	=	(0	+	3.514)	/	46.699
	=	0.08

Grupo Mundial Tenedora (XPTY:GMUN) 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.

Grupo Mundial Tenedora Debt-to-Equity Related Terms

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

Grupo Mundial Tenedora (XPTY:GMUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Grupo Mundial Tenedora SA (XPTY:GMUN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida La Rotonda Boulevard and East Coast, PH GMT Building, Fifth Floor, PO Box 0830-01433, La Rotonda Boulevard Avenue, Panama, PAN, 5

Website

http://www.grupomundial.com

Grupo Mundial Tenedora SA through its subsidiaries provides banking and financial services. The company's products and services include mortgage loans; personal, commercial, specialized, and agricultural banking services; consumer credits, personal loans, and leasing and factoring services; real estate trust and guarantee trust services for the financing of vehicles and high-valued residences; credit facility lines for the commercial and agricultural industries; and asset management services.

Grupo Mundial Tenedora (XPTY:GMUN) Headlines

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