Banco De Chile (STU:G4RA) Debt-to-Equity : 2.21 (As of Sep. 2024)

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What is Banco De Chile Debt-to-Equity?

Banco De Chile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €28 Mil. Banco De Chile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €12,663 Mil. Banco De Chile's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €5,751 Mil. Banco De Chile's debt to equity for the quarter that ended in Sep. 2024 was 2.21.

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 Banco De Chile's Debt-to-Equity or its related term are showing as below:

STU:G4RA' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.72 Med: 2.47 Max: 3.12
Current: 2.21

During the past 13 years, the highest Debt-to-Equity Ratio of Banco De Chile was 3.12. The lowest was 1.72. And the median was 2.47.

STU:G4RA's Debt-to-Equity is ranked worse than
86.75% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs STU:G4RA: 2.21

Banco De Chile Debt-to-Equity Historical Data

The historical data trend for Banco De Chile'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.

Banco De Chile Debt-to-Equity Chart

Banco De Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.69

2.32

1.90

1.92

1.72

Banco De Chile 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															2.11	1.72	2.14	2.07	2.21

Competitive Comparison of Banco De Chile's Debt-to-Equity

For the Banks - Regional subindustry, Banco De Chile'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.

Banco De Chile's Debt-to-Equity Distribution in the Banks Industry

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

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

Banco De Chile Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco De Chile's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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	+	11002.192)	/	6388.844
	=	1.72

Banco De Chile's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(28.158	+	12662.884)	/	5750.899
	=	2.21

Banco De Chile (STU:G4RA) 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.

Banco De Chile Debt-to-Equity Related Terms

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Banco De Chile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Chile (STU:G4RA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BCH:USA CHILE:Chile

Address

Paseo Ahumada 251, Santiago, CHL

Website

https://www.bancochile.cl

Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.

Banco De Chile Headlines

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