Consumer Portfolio Services (Consumer Portfolio Services) Debt-to-Equity

: 9.34 (As of Dec. 2023)

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Consumer Portfolio Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $234.0 Mil. Consumer Portfolio Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,332.5 Mil. Consumer Portfolio Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $274.7 Mil. Consumer Portfolio Services's debt to equity for the quarter that ended in Dec. 2023 was 9.34.

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 Consumer Portfolio Services's Debt-to-Equity or its related term are showing as below:

CPSS' s Debt-to-Equity Range Over the Past 10 Years
Min: 9.34 Med: 11.63 Max: 14.77
Current: 9.34

During the past 13 years, the highest Debt-to-Equity Ratio of Consumer Portfolio Services was 14.77. The lowest was 9.34. And the median was 11.63.

CPSS's Debt-to-Equity is ranked worse than
95.82% of 431 companies
in the Credit Services industry
Industry Median: 1.18 vs CPSS: 9.34

Consumer Portfolio Services Debt-to-Equity Historical Data

The historical data trend for Consumer Portfolio Services'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.

Consumer Portfolio Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

11.30

14.77

11.43

10.81

9.34

Consumer Portfolio Services 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																10.81	10.44	9.96	9.60	9.34

Competitive Comparison

For the Credit Services subindustry, Consumer Portfolio Services'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.

Consumer Portfolio Services Debt-to-Equity Distribution

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

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

Consumer Portfolio Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Consumer Portfolio Services'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
	=	(234.025	+	2332.509)	/	274.668
	=	9.34

Consumer Portfolio Services'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
	=	(234.025	+	2332.509)	/	274.668
	=	9.34

Consumer Portfolio Services (NAS:CPSS) 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.

Consumer Portfolio Services Debt-to-Equity Related Terms

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

Consumer Portfolio Services (Consumer Portfolio Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Consumer Portfolio Services Inc (NAS:CPSS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FC8:Germany

Address

3800 Howard Hughes Parkway, Las Vegas, NV, USA, 89169

Website

https://www.consumerportfolio.com

Consumer Portfolio Services Inc is a U.S based company operating in the specialty finance sector. Its business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and, to a lesser extent, by select independent dealers in the U.S. in the sale of new and used automobiles, light trucks and passenger vans. Through its automobile contract purchases, the company provides indirect financing to the customers of dealers having limited credit histories, low incomes or past credit problems, who it refers to as sub-prime customers. It serves as an alternative source of financing for dealers, facilitating sales to customers.

Executives

Daniel S Wood	director
Charles E. Gonel	officer: Sr. Vice President	3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 86169
Susan Ryan	officer: Sr. Vice President	3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 89169
Michele L Baumeister	officer: Sr. Vice President	19500 JAMBOREE RD, SUITE 600, IRVINE CA 92612
April Crisp	officer: Sr. Vice President	19500 JAMBOREE RD, STE 600, IRVINE CA 92610
Lisette Reynoso	officer: Sr. Vice President	19500 JAMBOREE RD., IRVINE CA 92612
Steven Howard Schween	officer: Sr. Vice President	3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS CA 89169
Catrina Marie Ralston	officer: Sr. Vice President	3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 89169
Greg Washer	director	3187 PULLMAN STREET, COSTA MESA CA 92618
Jeffrey P Fritz	officer: SVP & CFO	16355 LAGUNA CANYON ROAD, IRVINE CA 92618
James E Walker	director	1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Chris Terry	officer: Sr. Vice President
John Patrick Harton	officer: Sr. Vice President	19500 JAMBOREE ROAD, IRVINE CA 92612
Black Diamond Capital Management, L.l.c.	10 percent owner	2187 ATLANTIC STREET, 9TH FLOOR, STAMFORD CT 06902
Teri Clements	officer: Sr. Vice President	19500 JAMBOREE RD, IRVINE CA 92612