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Coface (XPAR:COFA) Debt-to-Equity : 0.80 (As of Mar. 2024)


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What is Coface Debt-to-Equity?

Coface's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Coface's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,691 Mil. Coface's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €2,118 Mil. Coface's debt to equity for the quarter that ended in Mar. 2024 was 0.80.

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 Coface's Debt-to-Equity or its related term are showing as below:

XPAR:COFA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.93   Max: 1.18
Current: 0.8

During the past 13 years, the highest Debt-to-Equity Ratio of Coface was 1.18. The lowest was 0.40. And the median was 0.93.

XPAR:COFA's Debt-to-Equity is ranked worse than
85.16% of 384 companies
in the Insurance industry
Industry Median: 0.24 vs XPAR:COFA: 0.80

Coface Debt-to-Equity Historical Data

The historical data trend for Coface'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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Coface Debt-to-Equity Chart

Coface Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.05 0.95 0.40 0.51

Coface Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.51 0.81 0.92 0.87 0.80

Competitive Comparison of Coface's Debt-to-Equity

For the Insurance - Reinsurance subindustry, Coface'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.


Coface's Debt-to-Equity Distribution in the Insurance Industry

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

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



Coface Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coface's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Coface's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Coface  (XPAR:COFA) 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.


Coface Debt-to-Equity Related Terms

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


Coface (XPAR:COFA) Business Description

Traded in Other Exchanges
Address
1, place Costes et Bellonte, CS 20003, Bois-Colombes, FRA, 92270
Coface SA is a property and casualty insurance company. The vast majority of its revenue is generated by its group reinsurance business. Most of the company's sales are generated in Europe. The company offers credit insurance products to protect companies against potentially uncollected payments from their customers. Coface's strategy focuses on risk management. The company considers merger and acquisition investment as a component of its operational growth strategy.

Coface (XPAR:COFA) Headlines

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