Credit Agricole (Credit Agricole) Debt-to-Equity : 3.92 (As of Dec. 2023)

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What is Credit Agricole Debt-to-Equity?

Credit Agricole's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Credit Agricole's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $303,730 Mil. Credit Agricole's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $77,520 Mil. Credit Agricole's debt to equity for the quarter that ended in Dec. 2023 was 3.92.

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

CRARY' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.89 Med: 3.64 Max: 4.51
Current: 3.92

During the past 13 years, the highest Debt-to-Equity Ratio of Credit Agricole was 4.51. The lowest was 2.89. And the median was 3.64.

CRARY's Debt-to-Equity is ranked worse than
94.9% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs CRARY: 3.92

Credit Agricole Debt-to-Equity Historical Data

The historical data trend for Credit Agricole'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.

Credit Agricole Debt-to-Equity Chart

Credit Agricole Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.56

2.89

2.92

3.61

3.92

Credit Agricole 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															3.61	N/A	3.92	2.04	3.92

Competitive Comparison of Credit Agricole's Debt-to-Equity

For the Banks - Regional subindustry, Credit Agricole'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.

Credit Agricole's Debt-to-Equity Distribution in the Banks Industry

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

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

Credit Agricole Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Credit Agricole'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
	=	(0	+	303729.553)	/	77520.174
	=	3.92

Credit Agricole'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
	=	(0	+	303729.553)	/	77520.174
	=	3.92

Credit Agricole (OTCPK:CRARY) 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.

Credit Agricole Debt-to-Equity Related Terms

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

Credit Agricole (Credit Agricole) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credit Agricole SA (OTCPK:CRARY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CRARF:USA ACAF:Mexico ACA:Italy ACAp:UK 0HAI:UK ACA:France XCA:Germany ACA:Austria

Address

12 Place des Etats-Unis, Montrouge Cedex, Paris, FRA, 92127

Website

https://www.credit-agricole.com

Credit Agricole S.A. is majority-owned by a group of 39 mutually owned, regional French banks, and together, they form the Credit Agricole Group, the largest cooperative bank globally. Credit Agricole S.A. houses all of Credit Agricole Group's activities, excluding the core French retail and commercial banking operations and including corporate and investment banking, its insurance operations, its international operations, notably in Italy, LCL, a separately branded French retail bank, and Credit Agricole S.A.'s majority interest in individually listed asset manager Amundi. Credit Agricole S.A. also acts as the central bank for the group.

Credit Agricole (Credit Agricole) Headlines

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