Betterware DE Mexico, S.a.p.i. DE C.v key statistics and ratios
In fiscal 2025, Betterware DE Mexico, S.a.p.i. DE C.v had return on equity of 84.2%, a net margin of 7.4%, debt equal to 301.7% of equity and a current ratio of 0.92. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 61.5% | 58.6% | 58.5% | 54.7% | 55.3% | 65.4% | 67.2% | 67.9% | 66.6% |
| Net margin | 14.3% | 12.9% | 15.3% | 4.1% | 17.4% | 7.6% | 8.0% | 5.0% | 7.4% |
| Free-cash-flow margin | 23.4% | 13.7% | 13.7% | 16.6% | 10.6% | −28.6% | 17.2% | 12.7% | 15.7% |
| Return on equity | 121.2% | — | 96.5% | 30.6% | 169.2% | 76.1% | 82.2% | 54.9% | 84.2% |
| Return on assets | — | 21.0% | 29.0% | 8.9% | 36.6% | 10.4% | 9.5% | 6.8% | 10.7% |
| Asset turnover | — | 1.63 | 1.90 | 2.15 | 2.10 | 1.37 | 1.19 | 1.34 | 1.44 |
| Current ratio | — | 0.99 | 1.00 | 0.99 | 1.37 | 1.39 | 1.04 | 0.95 | 0.92 |
| Debt to equity | 0.0% | 927.2% | 93.7% | 71.4% | 129.8% | 582.0% | 385.1% | 414.4% | 301.7% |
| Effective tax rate | 31.8% | 33.4% | 33.0% | 63.8% | 31.8% | 37.3% | 26.8% | 39.7% | 38.4% |
| Capital spending as % of revenue | 2.3% | 0.9% | 5.9% | 8.5% | 4.0% | 40.8% | 1.0% | 0.0% | 0.0% |
| Free cash flow ÷ net income | 163.2% | 105.9% | 89.6% | 403.6% | 60.7% | −376.9% | 215.1% | 252.5% | 210.9% |
| Dividends ÷ net income | — | 78.6% | 72.6% | 278.1% | 79.9% | 108.8% | 62.4% | 140.2% | 80.1% |
| Dividends and buybacks ÷ free cash flow | — | 74.2% | 81.1% | 68.9% | 131.6% | — | 29.0% | 55.5% | 38.0% |
Financial health
- Short-term assets cover short-term liabilities $219m of assets due within a year against $238m of liabilities due within a year.
- Short-term assets cover long-term liabilities $219m short-term assets against $219m of longer-dated liabilities.
- More cash than debt $18m of cash against $228m of debt.
- Debt below 40% of shareholders' equity Debt is 302% of equity.
- Debt burden no higher than five years ago Debt to equity moved from 59% to 302% over five years.
- A year's operating cash flow covers at least 20% of debt $117m of operating cash flow against $228m of debt.
- Operating profit covers interest at least five times over Interest not separately reported. Not assessable.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
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