Banco de Credito del Peru (LIM:CREDITC1) Debt-to-Equity : 0.94 (As of Dec. 2023)

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What is Banco de Credito del Peru Debt-to-Equity?

Banco de Credito del Peru's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S/.0 Mil. Banco de Credito del Peru's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S/.22,507 Mil. Banco de Credito del Peru's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S/.24,026 Mil. Banco de Credito del Peru's debt to equity for the quarter that ended in Dec. 2023 was 0.94.

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 Banco de Credito del Peru's Debt-to-Equity or its related term are showing as below:

LIM:CREDITC1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.13 Max: 1.71
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Banco de Credito del Peru was 1.71. The lowest was 0.94. And the median was 1.13.

LIM:CREDITC1's Debt-to-Equity is ranked worse than
62.63% of 1397 companies
in the Banks industry
Industry Median: 0.65 vs LIM:CREDITC1: 0.94

Banco de Credito del Peru Debt-to-Equity Historical Data

The historical data trend for Banco de Credito del Peru'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.

Banco de Credito del Peru Debt-to-Equity Chart

Banco de Credito del Peru Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.21

1.04

1.01

0.94

Banco de Credito del Peru Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.01	0.98	0.92	0.92	0.94

Competitive Comparison of Banco de Credito del Peru's Debt-to-Equity

For the Banks - Regional subindustry, Banco de Credito del Peru'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.

Banco de Credito del Peru's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco de Credito del Peru's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Banco de Credito del Peru's Debt-to-Equity falls into.

Banco de Credito del Peru Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco de Credito del Peru's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	22506.966)	/	24025.703
	=	0.94

Banco de Credito del Peru's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	22506.966)	/	24025.703
	=	0.94

Banco de Credito del Peru (LIM:CREDITC1) 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.

Banco de Credito del Peru Debt-to-Equity Related Terms

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Banco de Credito del Peru (LIM:CREDITC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de Credito del Peru (LIM:CREDITC1) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Calle Centenario No. 156, La Molina, Lima, PER, 12

Website

https://www.viabcp.com

Banco de Credito del Peru operates as a Bank. It offers services including, wholesale banking, retail banking, corporate banking, leasing, mortgage loans, and Middle-Market and Institutional Banking to its customers. The company operates geographically in Peru, Panama, and the United States of America. A majority of it revenues is generated from Peru followed by its other region.

Banco de Credito del Peru (LIM:CREDITC1) Headlines

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