Canaccord Genuity Group (TSX:CF.PR.C.PFD) Debt-to-Equity : 0.91 (As of Dec. 2023)

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What is Canaccord Genuity Group Debt-to-Equity?

Canaccord Genuity Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$473.25 Mil. Canaccord Genuity Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$433.97 Mil. Canaccord Genuity Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$994.19 Mil. Canaccord Genuity Group's debt to equity for the quarter that ended in Dec. 2023 was 0.91.

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 Canaccord Genuity Group's Debt-to-Equity or its related term are showing as below:

TSX:CF.PR.C.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.61 Max: 1.28
Current: 0.91

During the past 13 years, the highest Debt-to-Equity Ratio of Canaccord Genuity Group was 1.28. The lowest was 0.16. And the median was 0.61.

TSX:CF.PR.C.PFD's Debt-to-Equity is ranked worse than
70.39% of 608 companies
in the Capital Markets industry
Industry Median: 0.37 vs TSX:CF.PR.C.PFD: 0.91

Canaccord Genuity Group Debt-to-Equity Historical Data

The historical data trend for Canaccord Genuity Group'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.

Canaccord Genuity Group Debt-to-Equity Chart

Canaccord Genuity Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.24

0.36

0.32

0.24

0.41

Canaccord Genuity Group 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															1.07	0.41	0.80	0.82	0.91

Competitive Comparison of Canaccord Genuity Group's Debt-to-Equity

For the Capital Markets subindustry, Canaccord Genuity Group'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.

Canaccord Genuity Group's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Canaccord Genuity Group's Debt-to-Equity distribution charts can be found below:

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

Canaccord Genuity Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Canaccord Genuity Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(47.554	+	386.306)	/	1054.639
	=	0.41

Canaccord Genuity Group's Debt to Equity Ratio for the quarter 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
	=	(473.249	+	433.974)	/	994.188
	=	0.91

Canaccord Genuity Group (TSX:CF.PR.C.PFD) 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.

Canaccord Genuity Group Debt-to-Equity Related Terms

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

Canaccord Genuity Group (TSX:CF.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Canaccord Genuity Group Inc (TSX:CF.PR.C.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CCORF:USA C6U:Germany CF.PR.A.PFD:Canada CF:Canada

Address

609 Granville Street, Suite 2200, Vancouver, BC, CAN, V7Y 1H2

Website

https://www.canaccordgenuity.com

Canaccord Genuity Group Inc is an independent, full-service financial services firm. The Company's segment reporting is based on the following operating segments: Canaccord Genuity Capital Markets, Canaccord Genuity Wealth Management, and Corporate and Other. The company is been driven by an unwavering commitment to building lasting client relationships. It achieves this by generating value for its individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The company has wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man and Australia. Its international capital markets division operates in North America, UK and Europe, Asia, Australia and the Middle East.

Canaccord Genuity Group (TSX:CF.PR.C.PFD) Headlines

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