Banco De Bogota (BOG:BOGOTA) Debt-to-Equity : 1.48 (As of Dec. 2023)

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What is Banco De Bogota Debt-to-Equity?

Banco De Bogota's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP0 Mil. Banco De Bogota's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP23,185,508 Mil. Banco De Bogota's Total Stockholders Equity for the quarter that ended in Dec. 2023 was COP15,710,458 Mil. Banco De Bogota's debt to equity for the quarter that ended in Dec. 2023 was 1.48.

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

BOG:BOGOTA' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.35 Med: 1.48 Max: 2.14
Current: 1.48

During the past 13 years, the highest Debt-to-Equity Ratio of Banco De Bogota was 2.14. The lowest was 1.35. And the median was 1.48.

BOG:BOGOTA's Debt-to-Equity is ranked worse than
76.36% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs BOG:BOGOTA: 1.48

Banco De Bogota Debt-to-Equity Historical Data

The historical data trend for Banco De Bogota'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 Bogota Debt-to-Equity Chart

Banco De Bogota Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.35

1.48

1.39

1.69

1.48

Banco De Bogota Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.69	1.85	1.67	1.80	1.48

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

For the Banks - Regional subindustry, Banco De Bogota'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 Bogota's Debt-to-Equity Distribution in the Banks Industry

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

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

Banco De Bogota Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco De Bogota'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	+	23185508)	/	15710458
	=	1.48

Banco De Bogota'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	+	23185508)	/	15710458
	=	1.48

Banco De Bogota (BOG:BOGOTA) 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 Bogota Debt-to-Equity Related Terms

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Banco De Bogota (BOG:BOGOTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Bogota SA (BOG:BOGOTA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

36th street No. 7-47, Piso 15, Bogota, COL, 3436

Website

https://www.bancodebogota.com

Banco De Bogota SA is a lending institution that provides financial services at different maturities which include loans, capital leases, commercial, consumer and mortgage lending, and microcredit. It has a portfolio of bonds and equity investments, including a stake in subsidiaries and other firms. It also operates on the currency and derivatives markets. The objectives of the group in terms of managing its capital focus on, complying with the capital requirements defined by the Colombian government for the Bank and its financial subsidiaries in Colombia and by foreign governments in countries where the Bank has financial subsidiaries and maintaining an adequate equity structure that allows the group to generate value for its shareholders.

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