Bicecorp (XSGO:BICECORP) Debt-to-Equity : 2.75 (As of Dec. 2023)

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What is Bicecorp Debt-to-Equity?

Bicecorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CLP1,542,937 Mil. Bicecorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CLP2,217,419 Mil. Bicecorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CLP1,367,437 Mil. Bicecorp's debt to equity for the quarter that ended in Dec. 2023 was 2.75.

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

XSGO:BICECORP' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.35 Med: 1.94 Max: 3.01
Current: 2.75

During the past 13 years, the highest Debt-to-Equity Ratio of Bicecorp was 3.01. The lowest was 1.35. And the median was 1.94.

XSGO:BICECORP's Debt-to-Equity is ranked worse than
95.15% of 309 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs XSGO:BICECORP: 2.75

Bicecorp Debt-to-Equity Historical Data

The historical data trend for Bicecorp'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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Bicecorp Debt-to-Equity Chart

Bicecorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.05

2.77

3.01

2.98

2.75

Bicecorp 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															2.98	2.91	2.73	2.70	2.75

Competitive Comparison of Bicecorp's Debt-to-Equity

For the Financial Conglomerates subindustry, Bicecorp'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.

Bicecorp's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Bicecorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bicecorp'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
	=	(1542937.496	+	2217419.024)	/	1367437.048
	=	2.75

Bicecorp'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
	=	(1542937.496	+	2217419.024)	/	1367437.048
	=	2.75

Bicecorp (XSGO:BICECORP) 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.

Bicecorp Debt-to-Equity Related Terms

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

Bicecorp (XSGO:BICECORP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bicecorp SA (XSGO:BICECORP) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Av. Apoquindo no 3846, 17th Floor, Las Condes, Santiago, CHL

Website

https://www.bicecorp.com

Bicecorp SA is a Chile based investment holding company. It is engaged in the business areas of Commercial banking in which the company offered products include financing, cash management, foreign trade, payments and collections, lines of credit, credit cards, means of payment, treasury and insurance brokerage; Mutual mortgage; Life insurance which includes products like pension and private annuities, individual and collective life and health insurance, disability and survival insurance (SIS) and consumer loans; Investments; Real estate through which the entity provides services like financing (leasing), real estate rents, project development and advising on matters real estate; Asset securitization; and Automotive financing.

Bicecorp (XSGO:BICECORP) Headlines

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