PT Bank CIMB Niaga Tbk (ISX:BNGA) Debt-to-Equity : 0.16 (As of Mar. 2024)

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What is PT Bank CIMB Niaga Tbk Debt-to-Equity?

PT Bank CIMB Niaga Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil. PT Bank CIMB Niaga Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp8,058,412 Mil. PT Bank CIMB Niaga Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp51,214,547 Mil. PT Bank CIMB Niaga Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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 PT Bank CIMB Niaga Tbk's Debt-to-Equity or its related term are showing as below:

ISX:BNGA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.3 Max: 0.65
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of PT Bank CIMB Niaga Tbk was 0.65. The lowest was 0.12. And the median was 0.30.

ISX:BNGA's Debt-to-Equity is ranked better than
85.85% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs ISX:BNGA: 0.16

PT Bank CIMB Niaga Tbk Debt-to-Equity Historical Data

The historical data trend for PT Bank CIMB Niaga Tbk'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.

PT Bank CIMB Niaga Tbk Debt-to-Equity Chart

PT Bank CIMB Niaga Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.28

0.22

0.15

0.18

PT Bank CIMB Niaga Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.14	0.14	0.18	0.16

Competitive Comparison of PT Bank CIMB Niaga Tbk's Debt-to-Equity

For the Banks - Regional subindustry, PT Bank CIMB Niaga Tbk'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.

PT Bank CIMB Niaga Tbk's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank CIMB Niaga Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Bank CIMB Niaga Tbk's Debt-to-Equity falls into.

PT Bank CIMB Niaga Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Bank CIMB Niaga Tbk'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	+	8831174)	/	49192544
	=	0.18

PT Bank CIMB Niaga Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	8058412)	/	51214547
	=	0.16

PT Bank CIMB Niaga Tbk (ISX:BNGA) 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.

PT Bank CIMB Niaga Tbk Debt-to-Equity Related Terms

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

PT Bank CIMB Niaga Tbk (ISX:BNGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PT Bank CIMB Niaga Tbk (ISX:BNGA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NKX:Germany

Address

Jalan Jenderal Sudirman Kav. 58, Jakarta, IDN, 12190

Website

https://www.cimbniaga.co.id

PT Bank CIMB Niaga Tbk is engaged in the banking sector. The bank operates through various segments such as Corporate; Business; Retail; Treasury; Sharia; Others and Subsidiaries. It generates maximum revenue from the Retail segment. The Retail segment focuses on products and services for individual customers. It includes products such as loans, deposits, and others transactions, as well as balances with retail customers.

PT Bank CIMB Niaga Tbk (ISX:BNGA) Headlines

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