GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credicorp Ltd (LIM:BAP) » Definitions » Debt-to-Equity

Credicorp (LIM:BAP) Debt-to-Equity : 0.89 (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Credicorp Debt-to-Equity?

Credicorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Credicorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7,948 Mil. Credicorp's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $8,968 Mil. Credicorp's debt to equity for the quarter that ended in Sep. 2024 was 0.89.

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

LIM:BAP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81   Med: 0.99   Max: 2.36
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Credicorp was 2.36. The lowest was 0.81. And the median was 0.99.

LIM:BAP's Debt-to-Equity is ranked worse than
61.42% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs LIM:BAP: 0.89

Credicorp Debt-to-Equity Historical Data

The historical data trend for Credicorp'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.

Credicorp Debt-to-Equity Chart

Credicorp 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 0.93 0.92 0.98 0.90 0.82

Credicorp 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 0.81 0.82 0.83 0.94 0.89

Competitive Comparison of Credicorp's Debt-to-Equity

For the Banks - Regional subindustry, Credicorp'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.


Credicorp's Debt-to-Equity Distribution in the Banks Industry

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

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



Credicorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Credicorp'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.


Credicorp  (LIM:BAP) 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.


Credicorp Debt-to-Equity Related Terms

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


Credicorp Business Description

Traded in Other Exchanges
Address
Calle Centenario 156, La Molina, Lima, PER, 12
Credicorp Ltd is a Peruvian financial services company. It operates in four business lines including Universal Banking, Insurance and Pensions, Microfinance, and Investment Management & Advisory. Its subsidiaries include Banco de Credito del Peru, Prima AFP, and Credicorp Capital.