Citigroup (Citigroup) Debt-to-Equity : 1.58 (As of Dec. 2023)

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What is Citigroup Debt-to-Equity?

Citigroup's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37,457 Mil. Citigroup's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $286,619 Mil. Citigroup's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $205,453 Mil. Citigroup's debt to equity for the quarter that ended in Dec. 2023 was 1.58.

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

C' s Debt-to-Equity Range Over the Past 10 Years
Min: 1 Med: 1.4 Max: 1.58
Current: 1.54

During the past 13 years, the highest Debt-to-Equity Ratio of Citigroup was 1.58. The lowest was 1.00. And the median was 1.40.

C's Debt-to-Equity is ranked worse than
77.12% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs C: 1.54

Citigroup Debt-to-Equity Historical Data

The historical data trend for Citigroup'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.

Citigroup Debt-to-Equity Chart

Citigroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.52

1.51

1.40

1.58

Citigroup 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															1.54	1.51	1.52	1.58	1.54

Competitive Comparison of Citigroup's Debt-to-Equity

For the Banks - Diversified subindustry, Citigroup'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.

Citigroup's Debt-to-Equity Distribution in the Banks Industry

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

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

Citigroup Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citigroup'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
	=	(37457	+	286619)	/	205453
	=	1.58

Citigroup'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
	=	(37457	+	286619)	/	205453
	=	1.58

Citigroup (NYSE:C) 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.

Citigroup Debt-to-Equity Related Terms

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

Citigroup (Citigroup) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citigroup Inc (NYSE:C) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CpJ.PFD:USA C:Peru C:Mexico C_KZ:Kazakhstan 1C:Italy TRVCd:UK 0R01:UK TRVC:Germany TRVC:Germany TRVC:Germany TRVC:Germany C:Chile CITI:Canada CTGP34:Brazil CITI:Austria C:Argentina

Address

388 Greenwich Street, New York, NY, USA, 10013

Website

https://www.citigroup.com

Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.

Executives

Andrew John Morton	officer: Head of Markets	388 GREENWICH STREET, NEW YORK NY 10013
Andrew M. Sieg	officer: Head of Wealth	100 N TRYON STREET, CHARLOTTE NC 28255
Gonzalo Luchetti	officer: Head of U.S. Personal Banking	388 GREENWICH STREET, NEW YORK NY 10013
Syed Shahmir Khaliq	officer: Head of Services	388 GREENWICH STREET, NEW YORK NY 10013
Zdenek Turek	officer: Interim Chief Risk Officer	388 GREENWICH STREET, NEW YORK NY 10013
Sara Wechter	officer: Head of Human Resources	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Titilope Cole	officer: CEO, Legacy Franchises	388 GREENWICH STREET, NEW YORK NY 10013
Michael Whitaker	officer: Head of Enterprise O&T	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Von Koskull Casper Wilhelm	director	388 GREENWICH STREET, NEW YORK NY 10013
Mary Mcniff	officer: CEO, CITIBANK, N.A.	388 GREENWICH STREET, NEW YORK NY 10013
Brent Mcintosh	officer: General Counsel & Corp Sec'y	450 POST RD. EAST, WESTPORT CT 06880
Cantu Ernesto Torres	officer: CEO, Latin America	388 GREENWICH STREET, NEW YORK NY 10013
Sunil Garg	officer: CEO, Citibank, N.A.	388 GREENWICH STREET, NEW YORK NY 10013
Anand Selvakesari	officer: CEO, Global Consumer Banking	388 GREENWICH STREET, NEW YORK NY 10013
Johnbull Okpara	officer: Controller&Chief Acct. Officer	388 GREENWICH STREET, NEW YORK NY 10013