SALAFIN (Groupe BMCE) (CAS:SLF) Debt-to-Equity : 1.74 (As of Dec. 2023)

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What is SALAFIN (Groupe BMCE) Debt-to-Equity?

SALAFIN (Groupe BMCE)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0.0 Mil. SALAFIN (Groupe BMCE)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD1,498.2 Mil. SALAFIN (Groupe BMCE)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was MAD862.8 Mil. SALAFIN (Groupe BMCE)'s debt to equity for the quarter that ended in Dec. 2023 was 1.74.

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 SALAFIN (Groupe BMCE)'s Debt-to-Equity or its related term are showing as below:

CAS:SLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.68 Med: 1.9 Max: 2.22
Current: 1.74

During the past 13 years, the highest Debt-to-Equity Ratio of SALAFIN (Groupe BMCE) was 2.22. The lowest was 1.68. And the median was 1.90.

CAS:SLF's Debt-to-Equity is ranked worse than
59.12% of 433 companies
in the Credit Services industry
Industry Median: 1.18 vs CAS:SLF: 1.74

SALAFIN (Groupe BMCE) Debt-to-Equity Historical Data

The historical data trend for SALAFIN (Groupe BMCE)'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.

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SALAFIN (Groupe BMCE) Debt-to-Equity Chart

SALAFIN (Groupe BMCE) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.94

1.85

2.05

2.04

1.74

SALAFIN (Groupe BMCE) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.05	2.13	2.04	2.15	1.74

Competitive Comparison of SALAFIN (Groupe BMCE)'s Debt-to-Equity

For the Credit Services subindustry, SALAFIN (Groupe BMCE)'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.

SALAFIN (Groupe BMCE)'s Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SALAFIN (Groupe BMCE)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SALAFIN (Groupe BMCE)'s Debt-to-Equity falls into.

SALAFIN (Groupe BMCE) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SALAFIN (Groupe BMCE)'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	+	1498.178)	/	862.768
	=	1.74

SALAFIN (Groupe BMCE)'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	+	1498.178)	/	862.768
	=	1.74

SALAFIN (Groupe BMCE) (CAS:SLF) 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.

SALAFIN (Groupe BMCE) Debt-to-Equity Related Terms

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SALAFIN (Groupe BMCE) (CAS:SLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SALAFIN (Groupe BMCE) (CAS:SLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Immeuble Zenith Millenium 8, Sidi Maarouf, Casablanca, MAR

Website

http://www.salafin.com

SALAFIN (Groupe BMCE) is a Morocco-based company. It is a finance company. It offers consumer credit services. The company operates through various business segments that are Personal Credit, which include personal loan, and mortgage credit; Auto Financing, which provides car loans; and Revolving Credit.