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CFG Bank (CAS:CFG) Debt-to-Asset : 0.27 (As of Jun. 2023)


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What is CFG Bank Debt-to-Asset?

CFG Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was MAD0.00 Mil. CFG Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was MAD4.85 Mil. CFG Bank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was MAD18.08 Mil. CFG Bank's debt to asset for the quarter that ended in Jun. 2023 was 0.27.

CFG Bank Debt-to-Asset Historical Data

The historical data trend for CFG Bank's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CFG Bank Debt-to-Asset Chart

CFG Bank Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Asset
0.27 0.26 0.18

CFG Bank Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Debt-to-Asset 0.27 0.26 - 0.18 0.27

Competitive Comparison of CFG Bank's Debt-to-Asset

For the Banks - Diversified subindustry, CFG Bank's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CFG Bank's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CFG Bank's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CFG Bank's Debt-to-Asset falls into.


CFG Bank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CFG Bank's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 2.8) / 15.372
=0.18

CFG Bank's Debt-to-Asset for the quarter that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 4.848) / 18.077
=0.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CFG Bank  (CAS:CFG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

CFG Bank Debt-to-Asset Related Terms

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CFG Bank (CAS:CFG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CFG Bank (CAS:CFG) » Definitions » Debt-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
5/7 Rue Ibnou Toufail, Casablanca, MAR
Website
https://www.cfgbank.com
CFG Bank is a financial services company which has organized itself around of the four main business lines of investment banking: corporate finance, stock market, asset management on behalf of third parties, investment capital.