Citigroup (XSGO:C) Debt-to-Equity : 1.63 (As of Sep. 2024)

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What is Citigroup Debt-to-Equity?

Citigroup's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $41,340 Mil. Citigroup's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $299,081 Mil. Citigroup's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $209,083 Mil. Citigroup's debt to equity for the quarter that ended in Sep. 2024 was 1.63.

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

XSGO:C' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.97 Med: 1.43 Max: 1.67
Current: 1.63

During the past 13 years, the highest Debt-to-Equity Ratio of Citigroup was 1.67. The lowest was 0.97. And the median was 1.43.

XSGO:C's Debt-to-Equity is ranked worse than
79.92% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs XSGO:C: 1.63

Citigroup Debt-to-Equity Historical Data

The historical data trend for Citigroup'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.

Citigroup Debt-to-Equity Chart

Citigroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.52

1.51

1.40

1.58

Citigroup 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															1.52	1.58	1.54	1.53	1.63

Competitive Comparison of Citigroup's Debt-to-Equity

For the Banks - Diversified subindustry, Citigroup'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.

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

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

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

Citigroup Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citigroup'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
	=	(37457	+	286619)	/	205453
	=	1.58

Citigroup'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
	=	(41340	+	299081)	/	209083
	=	1.63

Citigroup (XSGO:C) 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.

Citigroup Debt-to-Equity Related Terms

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Citigroup Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citigroup Inc (XSGO:C) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

C:USA C:Peru C:Mexico C_KZ:Kazakhstan 1C:Italy TRVCd:UK 0R01:UK TRVC:Germany TRVC:Germany TRVC:Germany TRVC:Germany CITI:Canada CTGP34:Brazil CITI:Austria C:Argentina

Address

388 Greenwich Street, New York, NY, USA, 10013

Website

https://www.citigroup.com

Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into five primary segments: services, markets, banking, US personal banking, and wealth management. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.