Contact Financial HoldingE (CAI:CNFN) Debt-to-Equity : 3.05 (As of Mar. 2024)

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What is Contact Financial HoldingE Debt-to-Equity?

Contact Financial HoldingE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was E£2,548 Mil. Contact Financial HoldingE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was E£5,605 Mil. Contact Financial HoldingE's Total Stockholders Equity for the quarter that ended in Mar. 2024 was E£2,671 Mil. Contact Financial HoldingE's debt to equity for the quarter that ended in Mar. 2024 was 3.05.

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 Contact Financial HoldingE's Debt-to-Equity or its related term are showing as below:

CAI:CNFN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.99 Max: 3.05
Current: 3.05

During the past 7 years, the highest Debt-to-Equity Ratio of Contact Financial HoldingE was 3.05. The lowest was 0.19. And the median was 0.99.

CAI:CNFN's Debt-to-Equity is ranked worse than
75.93% of 428 companies
in the Credit Services industry
Industry Median: 1.17 vs CAI:CNFN: 3.05

Contact Financial HoldingE Debt-to-Equity Historical Data

The historical data trend for Contact Financial HoldingE'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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Contact Financial HoldingE Debt-to-Equity Chart

Contact Financial HoldingE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.78

0.61

0.97

1.92

2.47

Contact Financial HoldingE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.04	2.00	2.55	2.47	3.05

Competitive Comparison of Contact Financial HoldingE's Debt-to-Equity

For the Credit Services subindustry, Contact Financial HoldingE'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.

Contact Financial HoldingE's Debt-to-Equity Distribution in the Credit Services Industry

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

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

Contact Financial HoldingE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Contact Financial HoldingE'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
	=	(2612.057	+	4817.183)	/	3006.458
	=	2.47

Contact Financial HoldingE's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2548.008	+	5605.225)	/	2671.302
	=	3.05

Contact Financial HoldingE (CAI:CNFN) 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.

Contact Financial HoldingE Debt-to-Equity Related Terms

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Contact Financial HoldingE (CAI:CNFN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Contact Financial Holding SAE (CAI:CNFN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Champollion Street, Tahrir, Cairo, EGY

Website

https://www.contact.eg

Contact Financial Holding SAE is a provider of finance solutions, including auto credit, insurance, and consumer finance. It offers various retail and corporate services including auto loans, mortgages, insurance, leasing, structured debt advisory, insurance brokerage, and asset management. The company operates in four operating segments namely; Financing Activities, Insurance Activities, Brokerage Activities, and Other segment.