Credito Emiliano (MIL:CE) Debt-to-Equity : 1.37 (As of Dec. 2023)

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What is Credito Emiliano Debt-to-Equity?

Credito Emiliano's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Credito Emiliano's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5,304 Mil. Credito Emiliano's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €3,871 Mil. Credito Emiliano's debt to equity for the quarter that ended in Dec. 2023 was 1.37.

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

MIL:CE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.92 Med: 1.31 Max: 2.2
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of Credito Emiliano was 2.20. The lowest was 0.92. And the median was 1.31.

MIL:CE's Debt-to-Equity is ranked worse than
73.65% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs MIL:CE: 1.37

Credito Emiliano Debt-to-Equity Historical Data

The historical data trend for Credito Emiliano'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.

Credito Emiliano Debt-to-Equity Chart

Credito Emiliano Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.25

0.92

1.25

1.37

Credito Emiliano 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															1.25	1.03	1.29	1.21	1.37

Competitive Comparison of Credito Emiliano's Debt-to-Equity

For the Banks - Regional subindustry, Credito Emiliano'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.

Credito Emiliano's Debt-to-Equity Distribution in the Banks Industry

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

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

Credito Emiliano Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Credito Emiliano'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	+	5304.381)	/	3870.542
	=	1.37

Credito Emiliano'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	+	5304.381)	/	3870.542
	=	1.37

Credito Emiliano (MIL:CE) 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.

Credito Emiliano Debt-to-Equity Related Terms

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Credito Emiliano (MIL:CE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credito Emiliano (MIL:CE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CDEFF:USA 0K93:UK EAO:Germany

Address

Via Emilia San Pietro No. 4, Reggio Emilia, ITA, 42100

Website

http://www.credem.it

Credito Emiliano is a banking group that consists of several financial services companies. The group operates in multiple regions throughout Italy, particularly in the north and central portions of the country. Its activities principally include commercial banking, including retail services and small and medium enterprise banking, asset management, bancassurance as well as Trading services, and treasury. The group's distribution network targeting retail and corporate banking customers includes branches, business centers, and financial outlets. Its wealth management activities include mutual fund management, portfolio management, as well as private equity and hedge fund offerings. The bank's funding sources derive from direct bank deposits, insurance reserves, and assets under management.