Grupo Elektra, S.A.B. de C.V.

Mexico Stock Exchange ELEKTRA.MX

Grupo Elektra, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2023: 2.51

Grupo Elektra, S.A.B. de C.V. Interest Coverage Ratio is 2.51 for the year ending December 31, 2023, a 107.79% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Grupo Elektra, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2022 was -32.26, a -25.10% change year over year.
  • Grupo Elektra, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2021 was -25.79, a 19.09% change year over year.
  • Grupo Elektra, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2020 was -31.87, a -109.65% change year over year.
  • Grupo Elektra, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2019 was -15.20, a 45.71% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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Mexico Stock Exchange: ELEKTRA.MX

Grupo Elektra, S.A.B. de C.V.

CEO Mr. Eduardo Benigno Parra Ruiz
IPO Date Dec. 25, 2000
Location Mexico
Headquarters PerifErico Sur 4121
Employees 69,887
Sector Consumer Discretionary
Industries
Description

Grupo Elektra, S.A.B. de C.V. operates as a financial services and specialty retailing company in Latin America, as well as a short-term non-bank loan provider in the United States. The company's Commercial Business segment engages in the sale of motorcycles, cell phones, small household and major appliances, electronics, furniture, car batteries, computers, entertainment systems, and electronic money transfers. Its Financial Business segment provides consumer credit, personal loans, commercial loans, savings and time deposits, credit cards, and other consumer financing services; accident, health, and life insurance products; pension fund management; full brokerage services; and cash advance services. The company operates approximately 6,600 points of contact in Mexico, the United States, Guatemala, Honduras, Panama, and Peru. Grupo Elektra, S.A.B. de C.V. was founded in 1950 and is based in Mexico City, Mexico.

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StockViz Staff

January 15, 2025

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