GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Pichincha CA (XGUA:PCD) » Definitions » Liabilities-to-Assets

Banco Pichincha CA (XGUA:PCD) Liabilities-to-Assets : 0.91 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Banco Pichincha CA Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Banco Pichincha CA's Total Liabilities for the quarter that ended in Dec. 2023 was $21,667 Mil. Banco Pichincha CA's Total Assets for the quarter that ended in Dec. 2023 was $23,719 Mil. Therefore, Banco Pichincha CA's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.91.


Banco Pichincha CA Liabilities-to-Assets Historical Data

The historical data trend for Banco Pichincha CA's Liabilities-to-Assets 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 Pichincha CA Liabilities-to-Assets Chart

Banco Pichincha CA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.90 0.91 0.91 0.92 0.91

Banco Pichincha CA Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 0.90 0.91 0.91 0.92 0.91

Competitive Comparison of Banco Pichincha CA's Liabilities-to-Assets

For the Banks - Regional subindustry, Banco Pichincha CA's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Pichincha CA's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Pichincha CA's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Banco Pichincha CA's Liabilities-to-Assets falls into.



Banco Pichincha CA Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Banco Pichincha CA's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=21667.328/23718.815
=0.91

Banco Pichincha CA's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=21667.328/23718.815
=0.91

* 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.


Banco Pichincha CA  (XGUA:PCD) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Banco Pichincha CA Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Banco Pichincha CA's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco Pichincha CA (XGUA:PCD) Business Description

Traded in Other Exchanges
Address
Av Amazonas 4545, Pereira. Building Financial Center Office No. 507, Quito, ECU
Banco Pichincha CA provides banking services in Ecuador. The products and services of the bank include electronic banking, savings account, current account, debit cards, credit cards, and other related services.

Banco Pichincha CA (XGUA:PCD) Headlines

No Headlines