Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Debt-to-Equity : 0.21 (As of Jun. 2023)

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What is Commercial International Bank - Egypt CIB Debt-to-Equity?

Commercial International Bank - Egypt CIB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0 Mil. Commercial International Bank - Egypt CIB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $461 Mil. Commercial International Bank - Egypt CIB's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $2,218 Mil. Commercial International Bank - Egypt CIB's debt to equity for the quarter that ended in Jun. 2023 was 0.21.

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 Commercial International Bank - Egypt CIB's Debt-to-Equity or its related term are showing as below:

CIBEY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.19
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Commercial International Bank - Egypt CIB was 0.19. The lowest was 0.01. And the median was 0.10.

CIBEY's Debt-to-Equity is ranked better than
83.5% of 1394 companies
in the Banks industry
Industry Median: 0.7 vs CIBEY: 0.19

Commercial International Bank - Egypt CIB Debt-to-Equity Historical Data

The historical data trend for Commercial International Bank - Egypt CIB'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.

Commercial International Bank - Egypt CIB Debt-to-Equity Chart

Commercial International Bank - Egypt CIB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.13

0.10

0.15

0.19

Commercial International Bank - Egypt CIB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.15	0.21	0.21	0.19

Competitive Comparison of Commercial International Bank - Egypt CIB's Debt-to-Equity

For the Banks - Regional subindustry, Commercial International Bank - Egypt CIB'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.

Commercial International Bank - Egypt CIB's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Commercial International Bank - Egypt CIB's Debt-to-Equity falls into.

Commercial International Bank - Egypt CIB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Commercial International Bank - Egypt CIB'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	+	526.467)	/	2826.75
	=	0.19

Commercial International Bank - Egypt CIB's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	460.609)	/	2217.606
	=	0.21

Commercial International Bank - Egypt CIB (OTCPK:CIBEY) 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.

Commercial International Bank - Egypt CIB Debt-to-Equity Related Terms

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

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial International Bank - Egypt CIB (OTCPK:CIBEY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CMGGF:USA CBKDl:UK CBKD:UK COMI:Egypt CIN:Germany

Address

21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY

Website

https://www.cibeg.com

Commercial International Bank - Egypt CIB provides retail, corporate, and investment banking services. It has Retail banking division under that it has the Consumer Banking Division is the core engine to CIB's dynamic service offering, providing a broad range of retail clients in different customer segments, an extensive bundle of products and services tailored to satisfy their needs. The Business Banking segment serves over seventy seven thousand SMEs. The division works with clients across the industry, providing market-leading services and innovative, bespoke solutions for small and medium enterprises as it works to cement CIB's position as a bank of choice for business owners.

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Headlines

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