BBB Foods Inc. (TBBB) Balance Sheet

NYSE: TBBBAssets, liabilities, debt and equity over 5 years.

TBBB balance sheet, 2025

December 31, 2025 · Mexican pesos

MX$30.58B assets = MX$26.44B liabilities + MX$4.13B equity

Both columns are drawn to the same scale: what TBBB owns equals what it owes plus shareholders’ equity. Hover a block for its value.

TBBB financial health

Current ratio0.62

Tight · current assets cover current liabilities 0.62×

Debt / equity3.39

High leverage · MX$3.39 of debt for each $1 of equity

Equity / assets13.5%

Thin equity · of assets funded by shareholders

Cash / debt29.6%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles0.2%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

TBBB balance sheet trends, 2021–2025

BBB Foods Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	MX$8.05B2021	MX$30.58B2025	+39.6%/yr
Total liabilities	MX$12.50B2021	MX$26.44B2025	+20.6%/yr
Shareholders’ equity	−MX$4.45B2021	MX$4.13B2025	—
Cash & short-term investments	MX$1.00B2021	MX$4.15B2025	+42.7%/yr
Total debt	MX$8.13B2021	MX$14.00B2025	+14.5%/yr
Net cash (debt)	−MX$7.13B2021	−MX$9.86B2025	−MX$2.7B
Working capital	−MX$2.12B2021	−MX$5.89B2025	−MX$3.8B
Current ratio	0.572021	0.622025	+0.05
Debt / equity	2.282024	3.392025	+1.11
Shares outstanding	84.2M2021	115.0M2025	+8.1%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

TBBB assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

TBBB liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

TBBB debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

TBBB balance sheet in Mexican pesos

BBB Foods Inc. annual balance sheet
	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	MX$4.15B	MX$4.47B	MX$1.20B	MX$984.6M	MX$1.00B
Cash & equivalents	MX$1.43B	MX$1.41B	MX$1.20B	MX$984.6M	MX$1.00B
Short-term investments	MX$2.72B	MX$3.06B	MX$25.2M	MX$8.8M	MX$380.3M
Receivables	MX$1.30B	MX$939.0M	MX$742.2M	MX$629.5M	MX$429.3M
Inventory	MX$4.22B	MX$3.04B	MX$2.36B	MX$1.93B	MX$1.40B
Other current assets	MX$73.0M	MX$107.8M	MX$98.3M	MX$53.5M	MX$30.1M
Total current assets	MX$9.74B	MX$8.55B	MX$4.39B	MX$3.60B	MX$2.86B
Property, plant & equipment (net)	MX$19.69B	MX$13.48B	MX$10.13B	MX$7.86B	MX$4.95B
Goodwill & intangible assets	MX$55.7M	MX$6.8M	MX$6.8M	MX$16.1M	MX$15.3M
Long-term investments	MX$0	MX$0	MX$0	MX$0	MX$0
Other non-current assets	MX$1.09B	MX$731.9M	MX$437.0M	MX$319.0M	MX$222.8M
Total assets	MX$30.58B	MX$22.78B	MX$14.96B	MX$11.79B	MX$8.05B
Liabilities
Accounts payable	MX$11.98B	MX$9.18B	MX$7.45B	MX$5.66B	MX$4.16B
Short-term debt	MX$3.23B	MX$1.68B	MX$1.28B	MX$908.5M	MX$657.4M
Deferred revenue	—	—	—	MX$3.8M	MX$4.6M
Total current liabilities	MX$15.63B	MX$11.19B	MX$8.95B	MX$6.80B	MX$4.98B
Long-term debt	MX$141.9M	MX$106.7M	MX$106.7M	MX$4.82B	MX$4.43B
Lease obligations	MX$11.73B	MX$8.17B	MX$8.17B	MX$5.25B	MX$3.43B
Other long-term liabilities	MX$10.67B	MX$7.45B	MX$10.54B	MX$4.89B	MX$3.09B
Total liabilities	MX$26.44B	MX$18.74B	MX$19.60B	MX$16.51B	MX$12.50B
Shareholders' equity
Common stock & paid-in capital	MX$9.34B	MX$8.28B	MX$471.3M	MX$471.3M	MX$471.3M
Retained earnings (deficit)	−MX$8.48B	−MX$5.62B	−MX$5.96B	−MX$5.65B	−MX$5.09B
Accumulated other comprehensive income	MX$3.27B	MX$1.37B	MX$50.3M	MX$467.1M	MX$163.3M
Total shareholders' equity	MX$4.13B	MX$4.03B	−MX$4.63B	−MX$4.71B	−MX$4.45B
Key figures
Total debt	MX$14.00B	MX$9.20B	MX$11.91B	MX$10.55B	MX$8.13B
Net cash (debt)	−MX$9.86B	−MX$4.73B	−MX$10.71B	−MX$9.57B	−MX$7.13B
Working capital	−MX$5.89B	−MX$2.63B	−MX$4.56B	−MX$3.21B	−MX$2.12B
Tangible book value	MX$4.08B	MX$4.03B	−MX$4.64B	−MX$4.73B	−MX$4.47B
Shares outstanding	115.0M	139.4M	84.2M	84.2M	84.2M
Current ratio	0.62	0.76	0.49	0.53	0.57
Quick ratio	0.35	0.48	0.22	0.24	0.29
Debt / equity	3.39	2.28	—	—	—
Equity / assets	13.5%	17.7%	−31.0%	−40.0%	−55.3%

BBB Foods Inc. quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	MX$6.11B	MX$4.07B	MX$4.10B	MX$3.89B	MX$3.97B	MX$4.63B	MX$4.47B	MX$4.23B	MX$4.02B	MX$4.29B	MX$1.20B	MX$1.00B
Cash & equivalents	MX$1.98B	MX$1.34B	MX$1.39B	MX$1.11B	MX$1.12B	MX$1.57B	MX$1.41B	MX$1.27B	MX$1.25B	MX$4.29B	MX$1.20B	MX$1.00B
Short-term investments	MX$4.13B	MX$2.73B	MX$2.71B	MX$2.77B	MX$2.85B	MX$3.06B	MX$3.06B	MX$2.96B	MX$2.77B	MX$25.2M	—	—
Receivables	MX$270.4M	MX$1.38B	MX$1.30B	MX$218.4M	MX$1.32B	MX$990.7M	MX$95.1M	MX$1.11B	MX$959.8M	MX$832.7M	MX$11.0M	MX$763.5M
Inventory	MX$4.22B	MX$228.4M	MX$4.22B	MX$3.41B	MX$3.11B	MX$2.95B	MX$3.04B	MX$2.52B	MX$2.37B	MX$2.18B	MX$2.36B	MX$2.19B
Other current assets	MX$1.46B	MX$4.02B	MX$114.2M	MX$1.14B	MX$143.7M	MX$145.6M	MX$951.7M	MX$145.8M	MX$140.3M	MX$86.5M	MX$829.4M	MX$65.0M
Total current assets	MX$12.07B	MX$9.70B	MX$9.73B	MX$8.65B	MX$8.54B	MX$8.71B	MX$8.55B	MX$8.01B	MX$7.49B	MX$7.39B	MX$4.39B	MX$4.02B
Property, plant & equipment (net)	MX$23.27B	MX$1.18B	MX$19.65B	MX$8.40B	MX$15.67B	MX$14.40B	MX$13.48B	MX$12.34B	MX$11.61B	MX$10.83B	MX$10.13B	MX$9.47B
Goodwill & intangible assets	MX$38.7M	MX$29.7M	MX$55.7M	MX$19.6M	MX$15.9M	MX$13.5M	MX$0	MX$6.8M	MX$6.8M	MX$12.6M	MX$0	MX$7.0M
Long-term investments	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0
Other non-current assets	MX$1.44B	MX$21.35B	MX$1.09B	MX$10.03B	MX$886.9M	MX$841.1M	MX$738.7M	MX$532.5M	MX$480.7M	MX$454.8M	MX$443.7M	MX$433.4M
Total assets	MX$36.82B	MX$32.27B	MX$30.53B	MX$27.10B	MX$25.12B	MX$23.97B	MX$22.78B	MX$20.89B	MX$19.60B	MX$18.69B	MX$14.96B	MX$13.93B
Liabilities
Accounts payable	MX$13.25B	MX$12.67B	MX$11.96B	MX$10.14B	MX$10.09B	MX$9.67B	MX$9.18B	MX$8.41B	MX$7.75B	MX$7.62B	MX$7.45B	MX$6.77B
Short-term debt	MX$2.96B	MX$2.75B	MX$3.23B	MX$2.47B	MX$2.04B	MX$1.72B	—	MX$1.54B	MX$1.56B	MX$1.52B	—	MX$1.30B
Deferred revenue	—	—	—	—	—	—	—	—	−MX$605.3M	MX$137,353	—	—
Total current liabilities	MX$17.76B	MX$16.07B	MX$15.60B	MX$13.35B	MX$12.39B	MX$11.76B	MX$11.19B	MX$10.15B	MX$9.48B	MX$9.32B	MX$8.95B	MX$8.26B
Long-term debt	MX$254.1M	MX$207.7M	MX$141.9M	MX$170.0M	MX$163.8M	MX$128.2M	MX$106.7M	MX$88.3M	MX$112.7M	MX$102.0M	MX$4.92B	MX$0
Lease obligations	MX$14.12B	MX$12.89B	MX$11.73B	MX$10.24B	MX$9.32B	MX$8.73B	MX$8.17B	MX$7.31B	MX$7.04B	MX$6.74B	MX$6.24B	—
Other long-term liabilities	MX$12.80B	MX$11.70B	MX$10.66B	MX$9.31B	MX$8.44B	MX$7.92B	MX$7.45B	MX$6.72B	MX$6.46B	MX$6.19B	MX$5.73B	MX$10.28B
Total liabilities	MX$30.81B	MX$27.98B	MX$26.40B	MX$22.83B	MX$20.99B	MX$19.81B	MX$18.74B	MX$16.96B	MX$16.05B	MX$15.62B	MX$19.60B	MX$18.55B
Shareholders' equity
Common stock & paid-in capital	MX$11.73B	MX$9.93B	MX$9.33B	MX$8.95B	MX$8.31B	MX$8.31B	—	MX$8.28B	MX$8.28B	MX$8.28B	—	MX$471.3M
Retained earnings (deficit)	−MX$9.41B	−MX$9.02B	−MX$8.46B	−MX$7.42B	−MX$6.00B	−MX$5.71B	−MX$5.62B	−MX$5.60B	−MX$5.86B	−MX$6.19B	−MX$5.96B	−MX$5.86B
Accumulated other comprehensive income	MX$3.68B	MX$3.38B	MX$3.26B	MX$2.76B	MX$1.81B	MX$1.56B	—	MX$1.25B	MX$1.12B	MX$980.5M	—	MX$769.6M
Total shareholders' equity	MX$6.00B	MX$4.29B	MX$4.13B	MX$4.28B	MX$4.13B	MX$4.16B	MX$4.03B	MX$3.93B	MX$3.55B	MX$3.08B	−MX$4.63B	−MX$4.62B
Key figures
Total debt	MX$15.92B	MX$14.59B	MX$13.98B	MX$11.90B	MX$10.61B	MX$9.73B	MX$106.7M	MX$8.31B	MX$8.11B	MX$7.79B	MX$4.92B	MX$11.52B
Net cash (debt)	−MX$9.81B	−MX$10.52B	−MX$9.88B	−MX$8.02B	−MX$6.64B	−MX$5.10B	MX$4.36B	−MX$4.08B	−MX$4.09B	−MX$3.50B	−MX$3.72B	−MX$10.52B
Working capital	−MX$5.69B	−MX$6.37B	−MX$5.88B	−MX$4.70B	−MX$3.84B	−MX$3.05B	−MX$2.63B	−MX$2.14B	−MX$1.98B	−MX$1.93B	−MX$4.56B	−MX$4.24B
Tangible book value	MX$5.97B	MX$4.26B	MX$4.07B	MX$4.26B	MX$4.11B	MX$4.15B	MX$4.03B	MX$3.92B	MX$3.54B	MX$3.06B	−MX$4.63B	−MX$4.63B
Shares outstanding	118.8M	117.2M	116.0M	115.4M	114.8M	113.8M	112.2M	136.3M	112.2M	84.2M	112.2M	84.2M
Current ratio	0.68	0.60	0.62	0.65	0.69	0.74	0.76	0.79	0.79	0.79	0.49	0.49
Quick ratio	0.36	0.34	0.35	0.31	0.43	0.48	0.41	0.53	0.53	0.55	0.13	0.21
Debt / equity	2.65	3.40	3.39	2.78	2.57	2.34	0.03	2.11	2.29	2.53	—	—
Equity / assets	16.3%	13.3%	13.5%	15.8%	16.4%	17.4%	17.7%	18.8%	18.1%	16.5%	−31.0%	−33.2%

Quarterly columns are labeled by the month the quarter ended. Figures in Mexican pesos as reported (latest annual report filed April 2, 2026); data from EODHD.

TBBB financial position

At the end of fiscal 2025 (December 31, 2025), BBB Foods had total assets of MX$30.6 billion (up 34.2% from a year earlier), total liabilities of MX$26.4 billion and shareholders' equity of MX$4.1 billion. It held MX$4.1 billion in cash and short-term investments against MX$14.0 billion of debt, net debt of MX$9.9 billion. Its current ratio was 0.62. In the latest quarter (ended June 30, 2026) total assets were MX$36.8 billion and equity MX$6.0 billion.

Related: TBBB income statement, TBBB cash flow statement, TBBB key metrics. See the TBBB stock overview for the latest quote and news.

TBBB balance sheet FAQ

What are BBB Foods's total assets?

BBB Foods reported total assets of MX$30.6 billion at the end of fiscal 2025 (December 31, 2025), compared with MX$22.8 billion a year earlier.

How much debt does BBB Foods have?

BBB Foods had MX$14.0 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 3.39.

How much cash does BBB Foods have?

BBB Foods held MX$4.1 billion in cash and short-term investments at the end of fiscal 2025; with MX$14.0 billion of debt that is net debt of MX$9.9 billion.

What is BBB Foods's book value?

BBB Foods's shareholders' equity (book value) was MX$4.1 billion at the end of fiscal 2025.

What is BBB Foods's current ratio?

BBB Foods had current assets of MX$9.7 billion and current liabilities of MX$15.6 billion, a current ratio of 0.62 (current liabilities exceed current assets).

How much goodwill does BBB Foods have?

BBB Foods carried MX$55.7 million of goodwill and intangible assets, 0.2% of total assets, at the end of fiscal 2025.