Grupo Tmm Sab Debt-to-Assets Ratio Growth & History (GTMAY)

Grupo Tmm Sab's debt-to-assets ratio was 0.14 for fiscal 2024.

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Grupo Tmm Sab annual debt-to-assets ratio history

Grupo Tmm Sab annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20242024-12-310.140.07+87.63%
20232023-12-310.07−0.03−26.22%
20222022-12-310.10−0.04−29.41%
20212021-12-310.140.01+7.43%
20202020-12-310.13−0.05−27.90%
20192019-12-310.190.02+13.79%
20182018-12-310.16−0.06−25.30%
20172017-12-310.22−0.63−74.20%
20162016-12-310.84——

Grupo Tmm Sab debt-to-assets ratio trends

Over the last five fiscal years, Grupo Tmm Sab's debt-to-assets ratio decreased from 0.19 to 0.14, a change of −0.05. The latest reported quarter, Q4 2024, shows 0.14.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Grupo Tmm Sab source filings ↗

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