Coop Pank AS (OTSE:CPA1T) Debt-to-Equity : 0.40 (As of Mar. 2024)

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What is Coop Pank AS Debt-to-Equity?

Coop Pank AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Coop Pank AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €77.52 Mil. Coop Pank AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €195.27 Mil. Coop Pank AS's debt to equity for the quarter that ended in Mar. 2024 was 0.40.

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 Coop Pank AS's Debt-to-Equity or its related term are showing as below:

OTSE:CPA1T' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.35 Max: 0.62
Current: 0.4

During the past 8 years, the highest Debt-to-Equity Ratio of Coop Pank AS was 0.62. The lowest was 0.10. And the median was 0.35.

OTSE:CPA1T's Debt-to-Equity is ranked better than
66.07% of 1397 companies
in the Banks industry
Industry Median: 0.65 vs OTSE:CPA1T: 0.40

Coop Pank AS Debt-to-Equity Historical Data

The historical data trend for Coop Pank AS'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.

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Coop Pank AS Debt-to-Equity Chart

Coop Pank AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.40

0.29

0.37

0.35

Coop Pank AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.34	0.33	0.37	0.35	0.40

Competitive Comparison of Coop Pank AS's Debt-to-Equity

For the Banks - Regional subindustry, Coop Pank AS'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.

Coop Pank AS's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Coop Pank AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Coop Pank AS's Debt-to-Equity falls into.

Coop Pank AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coop Pank AS'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	+	65.286)	/	185.825
	=	0.35

Coop Pank AS's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	77.516)	/	195.27
	=	0.40

Coop Pank AS (OTSE:CPA1T) 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.

Coop Pank AS Debt-to-Equity Related Terms

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Coop Pank AS (OTSE:CPA1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coop Pank AS (OTSE:CPA1T) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maakri street 30, Tallinn, EST, 15014

Website

https://www.cooppank.ee

Coop Pank AS is a credit institution offering banking and financing services. The company provides corporate banking, retail banking, leasing financing, and consumer financing. Its banking services to private customers consist of accounts, payments, bank cards, cash services, and deposits; financing services consist of small loans, credit cards, home loans, leasing; banking services to legal persons consist of settlements, depositing, bank link service, bank cards, cash services; and financing products consist of loan, overdraft, bank guarantees.

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