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Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Debt-to-Equity : 3.13 (As of Sep. 2021)


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What is Credito RealB de CV Sofom ER Debt-to-Equity?

Credito RealB de CV Sofom ER's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.0 Mil. Credito RealB de CV Sofom ER's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $2,667.1 Mil. Credito RealB de CV Sofom ER's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $851.1 Mil. Credito RealB de CV Sofom ER's debt to equity for the quarter that ended in Sep. 2021 was 3.13.

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 Credito RealB de CV Sofom ER's Debt-to-Equity or its related term are showing as below:

CRQDQ's Debt-to-Equity is not ranked *
in the Credit Services industry.
Industry Median: 1.13
* Ranked among companies with meaningful Debt-to-Equity only.

Credito RealB de CV Sofom ER Debt-to-Equity Historical Data

The historical data trend for Credito RealB de CV Sofom ER'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.

Credito RealB de CV Sofom ER Debt-to-Equity Chart

Credito RealB de CV Sofom ER Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 1.68 2.04 2.75 3.31

Credito RealB de CV Sofom ER Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 3.16 3.31 3.52 3.39 3.13

Competitive Comparison of Credito RealB de CV Sofom ER's Debt-to-Equity

For the Credit Services subindustry, Credito RealB de CV Sofom ER'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.


Credito RealB de CV Sofom ER's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Credito RealB de CV Sofom ER's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Credito RealB de CV Sofom ER's Debt-to-Equity falls into.



Credito RealB de CV Sofom ER Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Credito RealB de CV Sofom ER's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Credito RealB de CV Sofom ER's Debt to Equity Ratio for the quarter that ended in Sep. 2021 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.


Credito RealB de CV Sofom ER  (OTCPK:CRQDQ) 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.


Credito RealB de CV Sofom ER Debt-to-Equity Related Terms

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


Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Insurgentes Sur No. 730, 20th Floor, Colonia Del Valle Norte, Del Benito Juarez, Mexico, MEX, MEX, 03103
Credito Real SAB de CV Sofom ER is a nonbanking financial institution in Mexico that focuses on consumer lending to low-income and middle-income customers. The company primarily makes payroll loans, durable goods loans, small business loans, group loans and used-car loans.

Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Headlines