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Betterware de Mexico, S.A.B. de C.V. (BWMX)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
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Betterware de Mexico, S.A.B. de C.V. Balance Sheet 2024-2011 | BWMX
Brief overview of Betterware de Mexico, S.A.B. de C.V.'s financial position
The comparison uses five available annual reports from the 2020–2024 interval.
Total assets increased by +136.8%, from 4.4 billion MXN to 10.5 billion MXN. A CAGR near 24.1% points to substantial expansion.
Liability growth of +166.1% exceeded asset growth of +136.8%, increasing reliance on outside funding.
Equity funds just 11.1% of assets versus previously. The balance sheet is sensitive to weaker results.
Each unit of equity supports about 0.04x of net debt. Dependence on debt remains comfortable.
Cash equals 2.8% of the balance sheet, compared with 14.7% five periods ago. This is the readily available cushion.
Retained earnings stand at 892.4 million MXN; the five-period change was +432.3%. This reflects accumulated business performance.
Overall assessment
Betterware de Mexico, S.A.B. de C.V. has a workable but not unconditionally strong balance sheet. Resilience depends on sustained earnings and liability control.
Annual Balance Sheet Betterware de Mexico, S.A.B. de C.V.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
48 M | -161 M | -524 M | -1.15 B | -19.9 M | 330 M | 385 M | - | - | - | - | - | - | - |
Long Term Debt |
234 M | 266 M | 207 M | 16.7 M | 524 M | 530 M | 563 M | - | - | - | - | - | - | - |
Long Term Debt Current |
110 M | 123 M | 85.4 M | 6.1 M | - | 14.2 M | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
4.53 B | 5.8 B | 7.11 B | 624 M | 624 M | - | 643 M | - | - | - | - | - | - | - |
Total Liabilities |
9.29 B | 9.63 B | 10.2 B | 3.99 B | 3.49 B | 1.52 B | 1.38 B | - | - | - | - | - | - | - |
Deferred Revenue |
- | - | - | - | - | 50.3 M | - | - | - | - | - | - | - | - |
Retained Earnings |
892 M | 1.18 B | 780 M | -269 M | -269 M | 218 M | 24.2 M | - | - | - | - | - | - | - |
Total Assets |
10.5 B | 11.1 B | 11.3 B | 5.19 B | 4.41 B | 1.79 B | 1.46 B | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
297 M | 550 M | 816 M | 1.18 B | 650 M | 214 M | 177 M | 231 M | - | - | - | - | - | - |
Book Value |
1.16 B | 1.46 B | 1.1 B | 1.2 B | 922 M | 274 M | 80.3 M | - | - | - | - | - | - | - |
Total Shareholders Equity |
1.16 B | 1.46 B | 1.1 B | 922 M | - | 274 M | 80.3 M | 179 M | - | - | - | - | - | - |
Annual performance
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All numbers in MXN currency
Quarterly Balance Sheet Betterware de Mexico, S.A.B. de C.V.
| 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
234 M | - | - | - | 266 M | - | - | - | - | - | - | - | 11.8 M | - | - | - | - | - | - | - | 10.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
4.53 B | - | - | - | 5.8 B | - | - | - | - | - | - | - | 1.58 B | - | - | - | - | - | - | - | 637 M | - | - | - | 643 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
9.29 B | - | - | - | 9.63 B | - | - | - | - | - | - | - | 4 B | - | - | - | - | - | - | - | 1.52 B | - | - | - | 1.38 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
892 M | 250 M | 250 M | 250 M | 1.18 B | 200 M | 150 M | 100 M | - | - | - | - | 990 M | - | - | - | - | - | - | - | 218 M | - | - | - | 24.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
10.5 B | - | - | - | 11.1 B | - | - | - | - | - | - | - | 5.3 B | - | - | - | - | - | - | - | 1.79 B | - | - | - | 1.46 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
297 M | - | - | - | 550 M | 188 M | - | - | - | - | - | - | 1.18 B | - | - | - | - | - | - | - | 214 M | - | - | - | 177 M | - | - | - | 231 M | - | - | - | 206 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Book Value |
1.16 B | - | - | - | 1.46 B | - | - | - | - | - | - | - | 1.31 B | - | - | - | - | - | - | - | 274 M | - | - | - | 80.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
1.16 B | - | - | - | 1.46 B | - | - | - | - | - | - | - | 1.31 B | - | - | - | - | - | - | - | 274 M | - | - | - | 80.3 M | - | - | - | 179 M | - | - | - | 58.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quarterly performance
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All numbers in MXN currency
Balance Sheet is a fundamental financial report of Betterware de Mexico, S.A.B. de C.V., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.