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Grupo ProfuturoB de CV (MEX:GPROFUT) Equity-to-Asset : 0.09 (As of Jun. 2024)


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What is Grupo ProfuturoB de CV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grupo ProfuturoB de CV's Total Stockholders Equity for the quarter that ended in Jun. 2024 was MXN11,128 Mil. Grupo ProfuturoB de CV's Total Assets for the quarter that ended in Jun. 2024 was MXN129,325 Mil. Therefore, Grupo ProfuturoB de CV's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.09.

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

MEX:GPROFUT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.14   Max: 0.19
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Grupo ProfuturoB de CV was 0.19. The lowest was 0.09. And the median was 0.14.

MEX:GPROFUT's Equity-to-Asset is ranked worse than
78.89% of 488 companies
in the Insurance industry
Industry Median: 0.25 vs MEX:GPROFUT: 0.09

Grupo ProfuturoB de CV Equity-to-Asset Historical Data

The historical data trend for Grupo ProfuturoB 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.

Grupo ProfuturoB de CV Equity-to-Asset Chart

Grupo ProfuturoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.14 0.12 0.10 0.10

Grupo ProfuturoB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.10 0.09 0.10 0.10 0.09

Competitive Comparison of Grupo ProfuturoB de CV's Equity-to-Asset

For the Insurance Brokers subindustry, Grupo ProfuturoB 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.


Grupo ProfuturoB de CV's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Grupo ProfuturoB de CV's Equity-to-Asset distribution charts can be found below:

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



Grupo ProfuturoB 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.

Grupo ProfuturoB de CV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=11726.359/124042.435
=0.09

Grupo ProfuturoB de CV's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=11128.058/129325.452
=0.09

* 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.


Grupo ProfuturoB de CV  (MEX:GPROFUT) 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%.


Grupo ProfuturoB de CV Equity-to-Asset Related Terms

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Grupo ProfuturoB de CV Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Adolfo Lopez Mateos Numero 2009, 6 Piso, Col Los Alpes, Mexico City, DF, MEX, 01010
Grupo Profuturo SAB de CV is engaged in the financial sector in Mexico. The company offers counselling services for life plan, savings, and asset-building purposes.

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