Bank CenterCredit JSC (XKAZ:CCBN) Debt-to-Equity : 0.53 (As of Sep. 2024)

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What is Bank CenterCredit JSC Debt-to-Equity?

Bank CenterCredit JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₸0 Mil. Bank CenterCredit JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₸303,321 Mil. Bank CenterCredit JSC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₸571,464 Mil. Bank CenterCredit JSC's debt to equity for the quarter that ended in Sep. 2024 was 0.53.

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

XKAZ:CCBN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53 Med: 1.79 Max: 2.46
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Bank CenterCredit JSC was 2.46. The lowest was 0.53. And the median was 1.79.

XKAZ:CCBN's Debt-to-Equity is ranked better than
56.25% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs XKAZ:CCBN: 0.53

Bank CenterCredit JSC Debt-to-Equity Historical Data

The historical data trend for Bank CenterCredit JSC'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.

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Bank CenterCredit JSC Debt-to-Equity Chart

Bank CenterCredit JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.14

1.49

0.98

0.61

Bank CenterCredit JSC 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															0.66	0.61	0.56	0.55	0.53

Competitive Comparison of Bank CenterCredit JSC's Debt-to-Equity

For the Banks - Regional subindustry, Bank CenterCredit JSC'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.

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

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

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

Bank CenterCredit JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank CenterCredit JSC'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	+	253931)	/	418740
	=	0.61

Bank CenterCredit JSC'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
	=	(0	+	303321)	/	571464
	=	0.53

Bank CenterCredit JSC (XKAZ:CCBN) 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.

Bank CenterCredit JSC Debt-to-Equity Related Terms

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Bank CenterCredit JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank CenterCredit JSC (XKAZ:CCBN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CCBNP.PFD:Kazakhstan

Address

38, Al-Farabi Avenue, Almaty, KAZ, 050059

Website

http://www.centercredit.kz

Bank CenterCredit JSC is a Kazakhstan based commercial bank. Its business is divided into three segments including corporate banking, retail banking, and investment banking. Corporate banking offers direct debit facilities, current accounts, deposits, overdrafts, loans and other credit facilities. Retail banking provides private banking services, private customer current accounts, saving deposits, investment saving products, custody, credit and debit cards, consumer loans and mortgages. Investment banking offers financial instrument trading, structured financing, money market operations, foreign currency and derivative products, brokerage and asset management services, merger and acquisitions advice, and provision of funding through the issue of debt securities and attracting loans.

Bank CenterCredit JSC Headlines

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