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Chongqing Rural Commercial Bank Co (Chongqing Rural Commercial Bank Co) Debt-to-Equity : 0.99 (As of Dec. 2023)


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What is Chongqing Rural Commercial Bank Co Debt-to-Equity?

Chongqing Rural Commercial Bank Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Chongqing Rural Commercial Bank Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16,893 Mil. Chongqing Rural Commercial Bank Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17,111 Mil. Chongqing Rural Commercial Bank Co's debt to equity for the quarter that ended in Dec. 2023 was 0.99.

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 Chongqing Rural Commercial Bank Co's Debt-to-Equity or its related term are showing as below:

CRCBY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 1.57   Max: 2.26
Current: 0.99

During the past 13 years, the highest Debt-to-Equity Ratio of Chongqing Rural Commercial Bank Co was 2.26. The lowest was 0.12. And the median was 1.57.

CRCBY's Debt-to-Equity is ranked worse than
64.71% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs CRCBY: 0.99

Chongqing Rural Commercial Bank Co Debt-to-Equity Historical Data

The historical data trend for Chongqing Rural Commercial Bank Co'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.

Chongqing Rural Commercial Bank Co Debt-to-Equity Chart

Chongqing Rural Commercial Bank Co 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 1.95 1.85 2.15 1.51 0.99

Chongqing Rural Commercial Bank Co Quarterly Data
Dec17 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 1.51 1.23 1.22 0.99 N/A

Competitive Comparison of Chongqing Rural Commercial Bank Co's Debt-to-Equity

For the Banks - Regional subindustry, Chongqing Rural Commercial Bank Co'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.


Chongqing Rural Commercial Bank Co's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Chongqing Rural Commercial Bank Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chongqing Rural Commercial Bank Co's Debt-to-Equity falls into.



Chongqing Rural Commercial Bank Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chongqing Rural Commercial Bank Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chongqing Rural Commercial Bank Co'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.


Chongqing Rural Commercial Bank Co  (OTCPK:CRCBY) 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.


Chongqing Rural Commercial Bank Co Debt-to-Equity Related Terms

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Chongqing Rural Commercial Bank Co (Chongqing Rural Commercial Bank Co) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, 31th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Chongqing Rural Commercial Bank Co Ltd provides a range of banking and related services in China. The company operates in three segments: Corporate banking, which includes corporate loans, trade financing, deposit takings, financial leasing, and other services; Personal banking segment includes personal loans, deposit products, card business, personal wealth management services, and other services; and Financial market operations, which conducts money market or repurchase transactions and debt instruments investment. Its geographical segments are County and Urban.

Chongqing Rural Commercial Bank Co (Chongqing Rural Commercial Bank Co) Headlines

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