BNZIF Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Debt-to-Equity?

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $308.3 Mil. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $510.2 Mil. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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 Invex Institucion De Banca Multiple-Invex Grupo Financiero's Debt-to-Equity or its related term are showing as below:

BNZIF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.79 Max: 1.45
Current: 0.6

During the past 10 years, the highest Debt-to-Equity Ratio of Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero was 1.45. The lowest was 0.54. And the median was 0.79.

BNZIF's Debt-to-Equity is ranked better than
54.65% of 1504 companies
in the Banks industry
Industry Median: 0.7 vs BNZIF: 0.60

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Debt-to-Equity Historical Data

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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 Invex Institucion De Banca Multiple-Invex Grupo Financiero Debt-to-Equity Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.62

0.54

0.62

0.80

0.60

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.62	0.54	0.62	0.80	0.60

Competitive Comparison of Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Debt-to-Equity

For the Banks - Regional subindustry, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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 Invex Institucion De Banca Multiple-Invex Grupo Financiero's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Debt-to-Equity falls into.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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	+	308.349)	/	510.185
	=	0.60

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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
	=	(0	+	308.349)	/	510.185
	=	0.60

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (OTCPK:BNZIF) 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 Invex Institucion De Banca Multiple-Invex Grupo Financiero Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero (OTCPK:BNZIF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FMTY14:Mexico FHIPO14:Mexico

Address

Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000

Website

https://www.invextarjetas.com.mx

Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.

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