Banco Macro (Banco Macro) Debt-to-Equity

: 0.15 (As of Sep. 2023)

View and export this data going back to 2006. Start your Free Trial

Banco Macro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil. Banco Macro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $439 Mil. Banco Macro's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $2,879 Mil. Banco Macro's debt to equity for the quarter that ended in Sep. 2023 was 0.15.

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

BMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.22 Max: 0.46
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Banco Macro was 0.46. The lowest was 0.12. And the median was 0.22.

BMA's Debt-to-Equity is ranked better than
86.51% of 1394 companies
in the Banks industry
Industry Median: 0.7 vs BMA: 0.15

Banco Macro Debt-to-Equity Historical Data

The historical data trend for Banco Macro'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.

Banco Macro Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.36

0.29

0.27

0.19

0.15

Banco Macro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.15	0.15	0.15	0.15

Competitive Comparison

For the Banks - Regional subindustry, Banco Macro'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.

Banco Macro Debt-to-Equity Distribution

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

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

Banco Macro Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco Macro's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	458.161)	/	3054.842
	=	0.15

Banco Macro's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	439.381)	/	2879.183
	=	0.15

Banco Macro (NYSE:BMA) 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.

Banco Macro Debt-to-Equity Related Terms

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

Banco Macro (Banco Macro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Macro SA (NYSE:BMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

B4W:Germany B4W:Germany BMA:Argentina

Address

Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172

Website

https://www.macro.com.ar

Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.