CAL Bank (XGHA:CAL) Debt-to-Equity : -9.65 (As of Dec. 2023)

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What is CAL Bank Debt-to-Equity?

CAL Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was GHS0.0 Mil. CAL Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was GHS1,360.9 Mil. CAL Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was GHS-141.0 Mil. CAL Bank's debt to equity for the quarter that ended in Dec. 2023 was -9.65.

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

XGHA:CAL' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.65 Med: 1.86 Max: 3.16
Current: -9.65

During the past 13 years, the highest Debt-to-Equity Ratio of CAL Bank was 3.16. The lowest was -9.65. And the median was 1.86.

XGHA:CAL's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.66 vs XGHA:CAL: -9.65

CAL Bank Debt-to-Equity Historical Data

The historical data trend for CAL Bank'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.

CAL Bank Debt-to-Equity Chart

CAL Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.16

1.93

1.79

3.16

-9.65

CAL Bank Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.79	1.89	3.16	2.23	-9.65

Competitive Comparison of CAL Bank's Debt-to-Equity

For the Banks - Regional subindustry, CAL Bank'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.

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

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

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

CAL Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CAL Bank'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	+	1360.906)	/	-141.002
	=	-9.65

CAL Bank's Debt to Equity Ratio for the quarter 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	+	1360.906)	/	-141.002
	=	-9.65

CAL Bank (XGHA:CAL) 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.

CAL Bank Debt-to-Equity Related Terms

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

CAL Bank (XGHA:CAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CAL Bank Ltd (XGHA:CAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Independence Avenue, P.O. Box 14596, Accra, GHA

Website

https://www.calbank.net

CAL Bank Ltd is engaged in providing banking solutions. Its reportable segments are Corporate Banking, Retail & Business Banking, Treasury, Brokerage, & Asset Management. Corporate Banking is responsible for providing loans & other credit facilities, deposits & other transactions & balances to corporate clients, institutional clients, & public sector entities. The Treasury segment undertakes the Bank's funding & centralized risk management activities through borrowings & investing in liquid assets. The Retail & Business Banking segment provides loans & overdrafts, & handles the deposits & other transactions of SMEs, & individual customers such as funds transfer, standing orders, and ATM Card services. The majority is from Retail & business banking. The key revenue is from Greater Accra.