Debt and borrowings (Details) - MXN ($) |
1 Months Ended | 7 Months Ended | 12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr. 05, 2022 |
Mar. 31, 2022 |
Aug. 31, 2021 |
Mar. 31, 2021 |
Mar. 10, 2020 |
Aug. 31, 2021 |
Jul. 30, 2020 |
Jan. 31, 2018 |
Jul. 31, 2021 |
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
Jan. 03, 2021 |
Sep. 20, 2020 |
Mar. 27, 2020 |
|
Debt and borrowings (Details) [Line Items] | |||||||||||||||
Line credit | $ 400.000 | $ 449.8695 | $ 486.79 | $ 486.79 | $ 486.79 | $ 250.000 | $ 400,000,000 | $ 258.750 | |||||||
Maturity term | 5 years | ||||||||||||||
Global payment percentage | 30.00% | ||||||||||||||
Total amount | $ 1,500,000,000 | ||||||||||||||
Sustainability bonds | $ 500,000,000 | ||||||||||||||
Sustainability bonds percentage | 5.15% | 5.15% | |||||||||||||
Sustainability bonds rate plus | 0.40% | 0.40% | |||||||||||||
Banxico plus percentage | 0.40% | 0.40% | |||||||||||||
Interest pay | $ 1,000,000,000 | 1,000,000,000 | $ 1,000,000,000 | ||||||||||||
Fixed rate, percentage | 8.35% | 8.35% | |||||||||||||
Proceeds received | $ 588.300 | ||||||||||||||
Long-term debt | 521.449 | 521.449 | |||||||||||||
Additional secured credit line | $ 181.72 | ||||||||||||||
Secured credit line | 521.449 | $ 400.000 | |||||||||||||
Liquidated totality | $ 521,449,000 | $ 48,679,000 | |||||||||||||
Pledged as collateral amount | $ 809.01 | ||||||||||||||
Amending agreement | $ 800.000 | ||||||||||||||
Description of loans | Betterware entered into a current account credit line agreement with HSBC México, S.A., for an amount of Ps.50,000, with provisions by means of promissory notes specifying payment of principal and interest. BLSM is jointly liable for this credit. On May 4, 2020, the first amendment agreement was signed, in which the amount of the credit line was increased to Ps.150,000. The maturity date of this credit line is March 10, 2022, and it bears interest at the TIIE rate plus 200 basis points. During 2022, 2021 and 2020, the Group utilized Ps.620,000, Ps.20,000 and Ps.115,000, respectively, of which as of December 31, 2022, 2021, and January 3, 2021, the entire amounts have been repaid. | ||||||||||||||
Fair value of debt | $ 648.9926 | $ 149.9867 | $ 634.992 | ||||||||||||
Long-term debt | The long-term debt of the syndicated credit line contains the following financial obligations: a)A leverage ratio equal to or less than 3.00. b)A debt service coverage ratio equal to or greater than 1.25. c)A minimum stockholders’ equity equivalent to 90% of stockholders’ equity at the close of the last immediately preceding fiscal year. | ||||||||||||||
Bonds | $ 500,000,000 | ||||||||||||||
Banamex [member] | |||||||||||||||
Debt and borrowings (Details) [Line Items] | |||||||||||||||
Line credit | $ 500.00 | ||||||||||||||
Total amount | $ 195.000 | ||||||||||||||
BBVA [Member] | |||||||||||||||
Debt and borrowings (Details) [Line Items] | |||||||||||||||
Line credit | $ 75,000,000 | ||||||||||||||
Interest rate | 7.50% | ||||||||||||||
Bottom of range [Member] | |||||||||||||||
Debt and borrowings (Details) [Line Items] | |||||||||||||||
Maturity term | 4 years | ||||||||||||||
Top of range [Member] | |||||||||||||||
Debt and borrowings (Details) [Line Items] | |||||||||||||||
Maturity term | 7 years |