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Capitec Bank Holdings (JSE:CPI) Debt-to-Equity : 0.13 (As of Aug. 2024)


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What is Capitec Bank Holdings Debt-to-Equity?

Capitec Bank Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was R0 Mil. Capitec Bank Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was R6,171 Mil. Capitec Bank Holdings's Total Stockholders Equity for the quarter that ended in Aug. 2024 was R45,931 Mil. Capitec Bank Holdings's debt to equity for the quarter that ended in Aug. 2024 was 0.13.

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 Capitec Bank Holdings's Debt-to-Equity or its related term are showing as below:

JSE:CPI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.2   Max: 0.68
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Capitec Bank Holdings was 0.68. The lowest was 0.12. And the median was 0.20.

JSE:CPI's Debt-to-Equity is ranked better than
86.34% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs JSE:CPI: 0.13

Capitec Bank Holdings Debt-to-Equity Historical Data

The historical data trend for Capitec Bank Holdings'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.

Capitec Bank Holdings Debt-to-Equity Chart

Capitec Bank Holdings Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.16 0.13 0.13 0.12

Capitec Bank Holdings Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 0.12 0.13 0.12 0.12 0.13

Competitive Comparison of Capitec Bank Holdings's Debt-to-Equity

For the Banks - Regional subindustry, Capitec Bank Holdings'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.

Capitec Bank Holdings's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Capitec Bank Holdings's Debt-to-Equity distribution charts can be found below:

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


Capitec Bank Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Capitec Bank Holdings's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 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 + 5404.017) / 43530.593
=0.12

Capitec Bank Holdings's Debt to Equity Ratio for the quarter that ended in Aug. 2024 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 + 6171) / 45931
=0.13

* 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.

Capitec Bank Holdings  (JSE:CPI) 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.

Capitec Bank Holdings Debt-to-Equity Related Terms

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

Capitec Bank Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Capitec Bank Holdings Ltd (JSE:CPI) » Definitions » Debt-to-Equity
Comparable Companies
JSE:ABG JSE:NED JSE:SBK JSE:INL JSE:SFN JSE:RMH CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180
Traded in Other Exchanges
CPIP.PFD:South Africa CKHGF:USA CKHGY:USA
Address
5 Neutron Road, Techno Park, Stellenbosch, WC, ZAF, 7600
Website
https://www.capitecbank.co.za
Capitec Bank Holdings Ltd is a retail bank with more than 850 branches in South Africa. Its services focus on three customer needs: saving, which provides customers the ability to receive and store funds; credit, which satisfies customer needs to access and borrow funds; and transacting, which allows for payments and movement of funds. It operates in three segments: Retail bank, Business bank, and the Insurance business. Net interest income accounts for more than two-thirds of total company revenue. The company also generates revenue from fees on loans and transactions. Roughly a third of the company's loans are mortgages, and another third are other secured loans. Credit facilities and unsecured credit loans make up most of the remaining loans outstanding.