CIMB Thai Bank (STU:BK6B) Debt-to-Equity : 2.63 (As of Mar. 2024)

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What is CIMB Thai Bank Debt-to-Equity?

CIMB Thai Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. CIMB Thai Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,235.4 Mil. CIMB Thai Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,231.9 Mil. CIMB Thai Bank's debt to equity for the quarter that ended in Mar. 2024 was 2.63.

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 CIMB Thai Bank's Debt-to-Equity or its related term are showing as below:

STU:BK6B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 1.93 Max: 2.63
Current: 2.63

During the past 13 years, the highest Debt-to-Equity Ratio of CIMB Thai Bank was 2.63. The lowest was 0.51. And the median was 1.93.

STU:BK6B's Debt-to-Equity is ranked worse than
90.4% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs STU:BK6B: 2.63

CIMB Thai Bank Debt-to-Equity Historical Data

The historical data trend for CIMB Thai Bank'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.

CIMB Thai Bank Debt-to-Equity Chart

CIMB Thai Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.71

2.29

2.36

1.94

2.53

CIMB Thai Bank 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															2.29	2.08	2.15	2.53	2.63

Competitive Comparison of CIMB Thai Bank's Debt-to-Equity

For the Banks - Regional subindustry, CIMB Thai Bank'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.

CIMB Thai Bank's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where CIMB Thai Bank's Debt-to-Equity falls into.

CIMB Thai Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CIMB Thai Bank'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	+	3116.598)	/	1231.506
	=	2.53

CIMB Thai Bank'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	+	3235.391)	/	1231.931
	=	2.63

CIMB Thai Bank (STU:BK6B) 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.

CIMB Thai Bank Debt-to-Equity Related Terms

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

CIMB Thai Bank (STU:BK6B) Business Description

Industry

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CIMBT:Thailand

Address

44 Langsuan Road, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.cimbthai.com

CIMB Thai Bank PLC is a financial service provider in Thailand. It provides consumer banking, commercial banking, investment banking, Islamic banking, asset management and insurance products and services. The bank has a presence in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, and Laos. It operates through CIMB Bank, CIMB Investment Bank, and CIMB Islamic. Its segments are Consumer Banking, Wholesale Banking, and Others, out of which it earns its maximum revenue from consumer banking.

CIMB Thai Bank (STU:BK6B) Headlines

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