Bancontander Chile (Bancontander Chile) Debt-to-Equity : 2.39 (As of Dec. 2023)

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What is Bancontander Chile Debt-to-Equity?

Bancontander Chile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24 Mil. Bancontander Chile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14,208 Mil. Bancontander Chile's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,949 Mil. Bancontander Chile's debt to equity for the quarter that ended in Dec. 2023 was 2.39.

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

BSAC' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.18 Med: 2.75 Max: 4.06
Current: 2.39

During the past 13 years, the highest Debt-to-Equity Ratio of Bancontander Chile was 4.06. The lowest was 2.18. And the median was 2.75.

BSAC's Debt-to-Equity is ranked worse than
88.51% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs BSAC: 2.39

Bancontander Chile Debt-to-Equity Historical Data

The historical data trend for Bancontander Chile'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.

Bancontander Chile Debt-to-Equity Chart

Bancontander Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.00

4.06

2.38

2.18

2.39

Bancontander Chile 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															2.18	4.17	2.73	2.80	2.39

Competitive Comparison of Bancontander Chile's Debt-to-Equity

For the Banks - Regional subindustry, Bancontander Chile'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.

Bancontander Chile's Debt-to-Equity Distribution in the Banks Industry

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

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

Bancontander Chile Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bancontander Chile'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
	=	(23.731	+	14207.546)	/	5948.626
	=	2.39

Bancontander Chile'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
	=	(23.731	+	14207.546)	/	5948.626
	=	2.39

Bancontander Chile (NYSE:BSAC) 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.

Bancontander Chile Debt-to-Equity Related Terms

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Bancontander Chile (Bancontander Chile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander Chile (NYSE:BSAC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BSA:Germany BSANTANDER:Chile B1SA34:Brazil

Address

Bandera 140, 20th Floor, Santiago, CHL

Website

https://www.santander.cl

Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.