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CNP Assurances (CNP Assurances) Debt-to-Equity : 0.34 (As of Dec. 2021)


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What is CNP Assurances Debt-to-Equity?

CNP Assurances's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0 Mil. CNP Assurances's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $8,047 Mil. CNP Assurances's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $23,880 Mil. CNP Assurances's debt to equity for the quarter that ended in Dec. 2021 was 0.34.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CNP Assurances's Debt-to-Equity or its related term are showing as below:

CNPAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.31   Max: 0.52
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of CNP Assurances was 0.52. The lowest was 0.17. And the median was 0.31.

CNPAY's Debt-to-Equity is not ranked
in the Insurance industry.
Industry Median: 0.24 vs CNPAY: 0.34

CNP Assurances Debt-to-Equity Historical Data

The historical data trend for CNP Assurances's Debt-to-Equity 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.

* Premium members only.

CNP Assurances Debt-to-Equity Chart

CNP Assurances Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.31 0.34 0.34 0.34

CNP Assurances Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.38 0.34 0.38 0.34

Competitive Comparison of CNP Assurances's Debt-to-Equity

For the Insurance - Life subindustry, CNP Assurances's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


CNP Assurances's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CNP Assurances's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CNP Assurances's Debt-to-Equity falls into.



CNP Assurances Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CNP Assurances's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

CNP Assurances's Debt to Equity Ratio for the quarter that ended in Dec. 2021 is calculated as

* 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.


CNP Assurances  (OTCPK:CNPAY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CNP Assurances Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of CNP Assurances's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


CNP Assurances (CNP Assurances) Business Description

Traded in Other Exchanges
N/A
Address
4, place Raoul-Dautry, Paris, FRA, 75015
CNP Assurances is France's largest personal lines life insurer, holding significant distribution relationships with its four main partners.

CNP Assurances (CNP Assurances) Headlines

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