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CaixaBank (CaixaBank) Debt-to-Equity

: 1.50 (As of Dec. 2023)
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CaixaBank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. CaixaBank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $59,516 Mil. CaixaBank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $39,593 Mil. CaixaBank's debt to equity for the quarter that ended in Dec. 2023 was 1.50.

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

CIXPF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.15   Med: 1.45   Max: 2.18
Current: 1.5

During the past 13 years, the highest Debt-to-Equity Ratio of CaixaBank was 2.18. The lowest was 1.15. And the median was 1.45.

CIXPF's Debt-to-Equity is ranked worse than
76.82% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs CIXPF: 1.50

CaixaBank Debt-to-Equity Historical Data

The historical data trend for CaixaBank'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.

CaixaBank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 1.37 1.43 1.49 1.50

CaixaBank 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 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 Premium Member Only Premium Member Only Premium Member Only 1.49 1.55 1.56 1.61 1.50

Competitive Comparison

For the Banks - Regional subindustry, CaixaBank'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.


CaixaBank Debt-to-Equity Distribution

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

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



CaixaBank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CaixaBank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

CaixaBank'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.


CaixaBank  (OTCPK:CIXPF) 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.


CaixaBank Debt-to-Equity Related Terms

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


CaixaBank (CaixaBank) Business Description

Address
Calle Pintor Sorolla, 2-4, Valencia, ESP, 46002
CaixaBank SA is a Spanish bank that combines banking, insurance, and equity investment businesses. The group has a sizable customer base and extensive banking network in Spain, with a large number of branches and ATMs, spread throughout the country. The bank's global operations include retail banking, corporate banking, cash management, surplus management, and the allocation of income from financing the equity investment business. A majority of its equity investment business is in the global financial services sector. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

CaixaBank (CaixaBank) Headlines

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