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CION (CION Invt) Debt-to-Equity : 1.26 (As of Sep. 2024)


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What is CION Invt Debt-to-Equity?

CION Invt's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. CION Invt's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,054.92 Mil. CION Invt's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $839.19 Mil. CION Invt's debt to equity for the quarter that ended in Sep. 2024 was 1.26.

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

CION' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.88   Max: 1.26
Current: 1.26

During the past 12 years, the highest Debt-to-Equity Ratio of CION Invt was 1.26. The lowest was 0.03. And the median was 0.88.

CION's Debt-to-Equity is ranked worse than
89.94% of 974 companies
in the Asset Management industry
Industry Median: 0.2 vs CION: 1.26

CION Invt Debt-to-Equity Historical Data

The historical data trend for CION Invt'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.

CION Invt Debt-to-Equity Chart

CION Invt 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 0.88 0.82 0.88 1.08 1.23

CION Invt Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.16 1.23 1.23 1.23 1.26

Competitive Comparison of CION Invt's Debt-to-Equity

For the Asset Management subindustry, CION Invt'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.


CION Invt's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CION Invt's Debt-to-Equity distribution charts can be found below:

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



CION Invt Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

CION Invt's Debt to Equity Ratio for the quarter that ended in Sep. 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.


CION Invt  (NYSE:CION) 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.


CION Invt Debt-to-Equity Related Terms

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


CION Invt Business Description

Traded in Other Exchanges
Address
100 Park Avenue, 25th Floor, New York, NY, USA, 10017
CION Invt Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The Company's portfolio is comprised of investments in senior secured debt, including first lien loans, second lien loans and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly-traded U.S. middle-market companies.
Executives
Michael A Reisner director, officer: Co-Chairman & Co-CEO C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Stephen Roman officer: CCO & Secretary C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Robert A Breakstone director C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Gregg A. Bresner officer: President & CIO C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Eric A. Pinero officer: Chief Legal Officer 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Mark Gatto director, officer: Co-Chairman & Co-CEO C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Peter I. Finlay director C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Catherine Choi director 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Aron I Schwartz director C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Keith S Franz officer: CFO & Treasurer C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Edward J. Estrada director 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Joseph D Glatt director C/O APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Earl Hedin director C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
David J Verlizzo officer: SEE REMARKS C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005