Bac Holding International (BOG:BHI) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Bac Holding International Debt-to-Equity?

Bac Holding International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP0 Mil. Bac Holding International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP478,685 Mil. Bac Holding International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was COP16,010,463 Mil. Bac Holding International's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Bac Holding International's Debt-to-Equity or its related term are showing as below:

BOG:BHI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.05
Current: 0.03

During the past 3 years, the highest Debt-to-Equity Ratio of Bac Holding International was 0.05. The lowest was 0.03. And the median was 0.04.

BOG:BHI's Debt-to-Equity is ranked better than
96.48% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs BOG:BHI: 0.03

Bac Holding International Debt-to-Equity Historical Data

The historical data trend for Bac Holding International'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.

Bac Holding International Debt-to-Equity Chart

Bac Holding International Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.05

0.04

0.03

Bac Holding International Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.04	0.04	0.04	0.03	0.03

Competitive Comparison of Bac Holding International's Debt-to-Equity

For the Banks - Regional subindustry, Bac Holding International'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.

Bac Holding International's Debt-to-Equity Distribution in the Banks Industry

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

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

Bac Holding International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bac Holding International'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	+	478685.034)	/	16010462.724
	=	0.03

Bac Holding International'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	+	478685.034)	/	16010462.724
	=	0.03

Bac Holding International (BOG:BHI) 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.

Bac Holding International Debt-to-Equity Related Terms

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

Bac Holding International (BOG:BHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bac Holding International Corp (BOG:BHI) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Calle Aquilino de la Guardia con Calle 49, Bogota, COL

Website

https://www.baccredomatic.com

Bac Holding International Corp is engaged in banking and financial related services through its subsidiary.

Bac Holding International (BOG:BHI) Headlines

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