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Credit du Maroc (CAS:CDM) Debt-to-Equity : 0.67 (As of Mar. 2024)


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What is Credit du Maroc Debt-to-Equity?

Credit du Maroc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MAD0 Mil. Credit du Maroc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MAD4,798 Mil. Credit du Maroc's Total Stockholders Equity for the quarter that ended in Mar. 2024 was MAD7,193 Mil. Credit du Maroc's debt to equity for the quarter that ended in Mar. 2024 was 0.67.

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 Credit du Maroc's Debt-to-Equity or its related term are showing as below:

CAS:CDM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 0.79   Max: 1.43
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Credit du Maroc was 1.43. The lowest was 0.29. And the median was 0.79.

CAS:CDM's Debt-to-Equity is ranked worse than
50.28% of 1404 companies
in the Banks industry
Industry Median: 0.66 vs CAS:CDM: 0.67

Credit du Maroc Debt-to-Equity Historical Data

The historical data trend for Credit du Maroc'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.

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Credit du Maroc Debt-to-Equity Chart

Credit du Maroc Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.70 0.54 0.30 0.45

Credit du Maroc Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.45 0.33 0.44 0.40 0.67

Competitive Comparison of Credit du Maroc's Debt-to-Equity

For the Banks - Regional subindustry, Credit du Maroc'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.


Credit du Maroc's Debt-to-Equity Distribution in the Banks Industry

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

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



Credit du Maroc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Credit du Maroc's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Credit du Maroc's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Credit du Maroc  (CAS:CDM) 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.


Credit du Maroc Debt-to-Equity Related Terms

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


Credit du Maroc (CAS:CDM) Business Description

Traded in Other Exchanges
N/A
Address
48-58 Bd. Mohammed V, Casablanca, MAR
Credit du Maroc SA provides banking services. The company provides commercial banking activities and financial. commercial. property-related activities for its customers in Morocco or overseas.

Credit du Maroc (CAS:CDM) Headlines

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