Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Debt-to-Equity

: 3.50 (As of Sep. 2023)

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Banco Latinoamericano de Comercio Exterior's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,598.0 Mil. Banco Latinoamericano de Comercio Exterior's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2,469.9 Mil. Banco Latinoamericano de Comercio Exterior's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,161.0 Mil. Banco Latinoamericano de Comercio Exterior's debt to equity for the quarter that ended in Sep. 2023 was 3.50.

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 Latinoamericano de Comercio Exterior's Debt-to-Equity or its related term are showing as below:

BLX' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.8 Med: 3.25 Max: 4.49
Current: 3.63

During the past 13 years, the highest Debt-to-Equity Ratio of Banco Latinoamericano de Comercio Exterior was 4.49. The lowest was 1.80. And the median was 3.25.

BLX's Debt-to-Equity is ranked worse than
93.99% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs BLX: 3.63

Banco Latinoamericano de Comercio Exterior Debt-to-Equity Historical Data

The historical data trend for Banco Latinoamericano de Comercio Exterior'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 3.09 [6] => 1.91 [7] => 3.35 [8] => 4.15 [9] => 3.63 )

Banco Latinoamericano de Comercio Exterior Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

3.09

1.91

3.35

4.15

3.63

Banco Latinoamericano de Comercio Exterior 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																4.15	3.63	3.61	3.50	3.63

Competitive Comparison

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior'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 Latinoamericano de Comercio Exterior Debt-to-Equity Distribution

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

* The bar in red indicates where Banco Latinoamericano de Comercio Exterior's Debt-to-Equity falls into.

Banco Latinoamericano de Comercio Exterior Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco Latinoamericano de Comercio Exterior's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2195.19	+	2238.066)	/	1069.347
	=	4.15

Banco Latinoamericano de Comercio Exterior's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1598.036	+	2469.869)	/	1160.977
	=	3.50

Banco Latinoamericano de Comercio Exterior (NYSE:BLX) 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 Latinoamericano de Comercio Exterior Debt-to-Equity Related Terms

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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

D8Q:Germany D8Q:Germany

Address

Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN

Website

https://www.bladex.com

Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.