GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Citic Bank Corp Ltd (OTCPK:CHCJY) » Definitions » Debt-to-Equity

China Citic Bank (China Citic Bank) Debt-to-Equity : 1.48 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is China Citic Bank Debt-to-Equity?

China Citic Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. China Citic Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $148,813 Mil. China Citic Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $100,448 Mil. China Citic Bank's debt to equity for the quarter that ended in Dec. 2023 was 1.48.

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 China Citic Bank's Debt-to-Equity or its related term are showing as below:

CHCJY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59   Med: 1.46   Max: 1.67
Current: 1.48

During the past 13 years, the highest Debt-to-Equity Ratio of China Citic Bank was 1.67. The lowest was 0.59. And the median was 1.46.

CHCJY's Debt-to-Equity is ranked worse than
76.38% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs CHCJY: 1.48

China Citic Bank Debt-to-Equity Historical Data

The historical data trend for China Citic Bank'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.

China Citic Bank Debt-to-Equity Chart

China Citic Bank 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 1.46 1.47 1.67 1.59 1.48

China Citic Bank 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 1.59 1.46 1.54 1.46 1.48

Competitive Comparison of China Citic Bank's Debt-to-Equity

For the Banks - Regional subindustry, China Citic Bank'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.


China Citic Bank's Debt-to-Equity Distribution in the Banks Industry

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

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



China Citic Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

China Citic Bank'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.


China Citic Bank  (OTCPK:CHCJY) 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.


China Citic Bank Debt-to-Equity Related Terms

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


China Citic Bank (China Citic Bank) Business Description

Address
10 Guanghua Road, 6-30/F and 32-42/F, Building No. 1, Chaoyang District, Beijing, CHN, 100020
As the second-largest joint-stock banks, China Citic Bank is headquartered in Beijing. It offers a full range of commercial banking services, with 1,410 outlets in 146 cities in China and branches in Hong Kong, Macau, New York, Los Angeles, and Singapore. As of 2022, the bank is the 9th-largest nationwide listed commercial bank in China in terms of total assets.

China Citic Bank (China Citic Bank) Headlines

No Headlines