Financiera ConfianzaA (LIM:FCONFIC1) Debt-to-Equity : 1.23 (As of Dec. 2022)

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What is Financiera ConfianzaA Debt-to-Equity?

Financiera ConfianzaA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was S/.0.0 Mil. Financiera ConfianzaA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was S/.515.4 Mil. Financiera ConfianzaA's Total Stockholders Equity for the quarter that ended in Dec. 2022 was S/.419.0 Mil. Financiera ConfianzaA's debt to equity for the quarter that ended in Dec. 2022 was 1.23.

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

LIM:FCONFIC1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99 Med: 1.43 Max: 2.51
Current: 1.23

During the past 10 years, the highest Debt-to-Equity Ratio of Financiera ConfianzaA was 2.51. The lowest was 0.99. And the median was 1.43.

LIM:FCONFIC1's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs LIM:FCONFIC1: 1.23

Financiera ConfianzaA Debt-to-Equity Historical Data

The historical data trend for Financiera ConfianzaA'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.

Financiera ConfianzaA Debt-to-Equity Chart

Financiera ConfianzaA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.28

1.09

1.14

0.99

1.23

Financiera ConfianzaA Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial					1.28	1.09	1.14	0.99	1.23

Competitive Comparison of Financiera ConfianzaA's Debt-to-Equity

For the Financial Conglomerates subindustry, Financiera ConfianzaA'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.

Financiera ConfianzaA's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Financiera ConfianzaA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Financiera ConfianzaA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	515.366)	/	419.003
	=	1.23

Financiera ConfianzaA's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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	+	515.366)	/	419.003
	=	1.23

Financiera ConfianzaA (LIM:FCONFIC1) 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.

Financiera ConfianzaA Debt-to-Equity Related Terms

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

Financiera ConfianzaA (LIM:FCONFIC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Financiera Confianza SAA (LIM:FCONFIC1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Javier Prado Este No. 4487, Santiago de Surco, Lima, PER

Website

https://www.confianza.pe

Financiera Confianza SAA operates in the micro-finance sector. The company offers credits to SME, personal and mortgage loans, savings, deposits, insurance products and services.

Financiera ConfianzaA (LIM:FCONFIC1) Headlines

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