CIMB Group Holdings Bhd (XKLS:1023) Debt-to-Equity : 0.51 (As of Dec. 2023)

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What is CIMB Group Holdings Bhd Debt-to-Equity?

CIMB Group Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0 Mil. CIMB Group Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM35,175 Mil. CIMB Group Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM68,527 Mil. CIMB Group Holdings Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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 Group Holdings Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:1023' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.71 Max: 0.82
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of CIMB Group Holdings Bhd was 0.82. The lowest was 0.49. And the median was 0.71.

XKLS:1023's Debt-to-Equity is ranked better than
59.04% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs XKLS:1023: 0.51

CIMB Group Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for CIMB Group Holdings Bhd'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 Group Holdings Bhd Debt-to-Equity Chart

CIMB Group Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.76

0.66

0.54

0.49

0.51

CIMB Group Holdings Bhd 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															0.49	0.48	0.47	0.49	0.51

Competitive Comparison of CIMB Group Holdings Bhd's Debt-to-Equity

For the Banks - Regional subindustry, CIMB Group Holdings Bhd'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 Group Holdings Bhd's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where CIMB Group Holdings Bhd's Debt-to-Equity falls into.

CIMB Group Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CIMB Group Holdings Bhd'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	+	35175.345)	/	68526.961
	=	0.51

CIMB Group Holdings Bhd'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	+	35175.345)	/	68526.961
	=	0.51

CIMB Group Holdings Bhd (XKLS:1023) 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 Group Holdings Bhd Debt-to-Equity Related Terms

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

CIMB Group Holdings Bhd (XKLS:1023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CIMB Group Holdings Bhd (XKLS:1023) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Jalan Stesen Sentral 2, Level 13, Menara CIMB, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.cimb.com

CIMB Group Holdings Bhd is a full-service bank based primarily in Malaysia and other Association of Southeast Asian Nations. The bank's segment includes Consumer Banking, Commercial Banking, Wholesale Banking, and CIMB Digital Assets and Group Funding. Most of the bank's income is derived from net interest income.

CIMB Group Holdings Bhd (XKLS:1023) Headlines

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