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CanBancome (CanBancome) Debt-to-Equity : 0.00 (As of Jun. 2015)


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What is CanBancome Debt-to-Equity?

CanBancome's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $0.00 Mil. CanBancome's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $0.00 Mil. CanBancome's Total Stockholders Equity for the quarter that ended in Jun. 2015 was $119.03 Mil. CanBancome's debt to equity for the quarter that ended in Jun. 2015 was 0.00.

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

CKNBF's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

CanBancome Debt-to-Equity Historical Data

The historical data trend for CanBancome'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.

CanBancome Debt-to-Equity Chart

CanBancome Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
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CanBancome Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of CanBancome's Debt-to-Equity

For the Asset Management subindustry, CanBancome'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.


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

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

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



CanBancome Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CanBancome's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

CanBancome's Debt to Equity Ratio for the quarter that ended in Jun. 2015 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.


CanBancome  (OTCPK:CKNBF) 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.


CanBancome Debt-to-Equity Related Terms

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


CanBancome (CanBancome) Business Description

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