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Popular (Popular) Debt-to-Equity : 0.22 (As of Dec. 2023)


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What is Popular Debt-to-Equity?

Popular's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Popular's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,140 Mil. Popular's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,147 Mil. Popular's debt to equity for the quarter that ended in Dec. 2023 was 0.22.

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

BPOP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.27   Max: 0.41
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Popular was 0.41. The lowest was 0.21. And the median was 0.27.

BPOP's Debt-to-Equity is ranked better than
81.62% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs BPOP: 0.22

Popular Debt-to-Equity Historical Data

The historical data trend for Popular'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.

Popular Debt-to-Equity Chart

Popular Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.23 0.21 0.35 0.22

Popular 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.32 0.32 0.26 0.22

Competitive Comparison of Popular's Debt-to-Equity

For the Banks - Regional subindustry, Popular'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.


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

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

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



Popular Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Popular's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Popular's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Popular  (NAS:BPOP) 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.


Popular Debt-to-Equity Related Terms

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


Popular (Popular) Business Description

Traded in Other Exchanges
Address
209 Munoz Rivera Avenue, Hato Rey, PRI, 00918
Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, the largest bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. Popular recently restructured PFH and moved much of its activities into BPNA.
Executives
Eli Sepulveda officer: EVP P O BOX 362708, SAN JUAN PR 00936-2708
Eduardo J. Negron officer: Senior Vice President P.O. BOX 362708, SAN JUAN PR 00936-2708
Camille Burckhart officer: Executive Vice President PO BOX 362708, SAN JUAN PR 00936-2708
Maria Luisa Ferre director PO BOX 9066590, SAN JUAN PR 00906-6590
Gilberto Monzon officer: EXECUTIVE VICE PRESIDENT P. O. BOX 362708, SAN JUAN PR 00936-2708
Jorge J. Garcia officer: Senior VP & Comptroller P O BOX 362708, SAN JUAN PR 00936-2708
Alejandro M Sanchez director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Carlos J Vazquez officer: EVP P O BOX 195334, SAN JUAN PR 00919-5334
C Kim Goodwin director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Jose R. Coleman-tio officer: EVP & CHIEF LEGAL OFFICER P.O. BOX 362708, SAN JUAN PR 00936-2709
Luis E. Cestero officer: Executive Vice President P O BOX 362708, SAN JUAN PR 00936-2708
Juan Guerrero officer: Executive Vice President P.O. BOX 362708, SAN JUAN PR 00936-2708
Richard L Carrion director, officer: President & Chairman POPULAR INC & BANCO POPULAR DE, 209 MONZ RIVERA AVE 3RD FL PURERTO RICO, HATO REY PR 00918
Carlos Unanue director P O BOX 601467, SAN JUAN PR 00960
Ignacio Alvarez officer: EVP & GENERAL COUNSEL P O BOX 362708, SAN JUAN PR 00936-2708