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China Merchants Bank Co (China Merchants Bank Co) Debt-to-Equity : 0.41 (As of Dec. 2023)


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What is China Merchants Bank Co Debt-to-Equity?

China Merchants Bank Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. China Merchants Bank Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $61,140 Mil. China Merchants Bank Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $150,748 Mil. China Merchants Bank Co's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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

CIHKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41   Med: 0.95   Max: 1.3
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of China Merchants Bank Co was 1.30. The lowest was 0.41. And the median was 0.95.

CIHKY's Debt-to-Equity is ranked better than
66.28% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs CIHKY: 0.41

China Merchants Bank Co Debt-to-Equity Historical Data

The historical data trend for China Merchants 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.

China Merchants Bank Co Debt-to-Equity Chart

China Merchants 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 1.24 0.70 0.74 0.47 0.41

China Merchants Bank Co 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 0.47 0.53 0.54 0.49 0.41

Competitive Comparison of China Merchants Bank Co's Debt-to-Equity

For the Banks - Regional subindustry, China Merchants 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.


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

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

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



China Merchants Bank Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

China Merchants 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.


China Merchants Bank Co  (OTCPK:CIHKY) 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 Merchants Bank Co Debt-to-Equity Related Terms

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


China Merchants Bank Co (China Merchants Bank Co) Business Description

Address
No. 7088, Shennan Boulevard, 19 Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2022.

China Merchants Bank Co (China Merchants Bank Co) Headlines

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