Corporacion Financiera Alba (XMAD:ALB) Debt-to-Equity : 0.10 (As of Jun. 2023)

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What is Corporacion Financiera Alba Debt-to-Equity?

Corporacion Financiera Alba's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.0 Mil. Corporacion Financiera Alba's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €465.2 Mil. Corporacion Financiera Alba's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €4,640.4 Mil. Corporacion Financiera Alba's debt to equity for the quarter that ended in Jun. 2023 was 0.10.

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 Corporacion Financiera Alba's Debt-to-Equity or its related term are showing as below:

XMAD:ALB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.15
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Corporacion Financiera Alba was 0.15. The lowest was 0.03. And the median was 0.05.

XMAD:ALB's Debt-to-Equity is ranked better than
68.57% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs XMAD:ALB: 0.10

Corporacion Financiera Alba Debt-to-Equity Historical Data

The historical data trend for Corporacion Financiera Alba'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.

Corporacion Financiera Alba Debt-to-Equity Chart

Corporacion Financiera Alba Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.04

0.05

0.07

0.15

0.12

Corporacion Financiera Alba Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.15	0.15	0.12	0.10

Competitive Comparison of Corporacion Financiera Alba's Debt-to-Equity

For the Asset Management subindustry, Corporacion Financiera Alba'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.

Corporacion Financiera Alba's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Corporacion Financiera Alba's Debt-to-Equity distribution charts can be found below:

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

Corporacion Financiera Alba Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Corporacion Financiera Alba's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	550.7)	/	4480.7
	=	0.12

Corporacion Financiera Alba's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	465.2)	/	4640.4
	=	0.10

Corporacion Financiera Alba (XMAD:ALB) 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.

Corporacion Financiera Alba Debt-to-Equity Related Terms

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Corporacion Financiera Alba (XMAD:ALB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Corporacion Financiera Alba SA (XMAD:ALB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CSV:Germany

Address

C/ castello 77-5th floor, Madrid, ESP, 28006

Website

https://www.corporacionalba.es

Corporacion Financiera Alba SA is an investment holding company in Spain. The company's objective is to take long-term holdings in listed and unlisted companies, with activities in different economic sectors. The company is a part of the March group which integrates Banca March and Fundacion Juan March. Banca March is a family-owned Spanish bank, focused on Private Banking and Wealth Management, with a strong focus on family businesses. Its investments include top-tier office buildings in prime downtown and suburban business locations. Its current investment portfolio includes Acerinox, Naturgy, CIE Automotive, Ebro, Indra, Viscofan among others. It is also engaged in the lease of properties and holds interests in companies through venture capital.