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Credit Agricole de la Touraine et du Poitou (XPAR:CRTO) Debt-to-Equity : 0.04 (As of Dec. 2023)


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What is Credit Agricole de la Touraine et du Poitou Debt-to-Equity?

Credit Agricole de la Touraine et du Poitou's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. Credit Agricole de la Touraine et du Poitou's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €98.3 Mil. Credit Agricole de la Touraine et du Poitou's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2,650.3 Mil. Credit Agricole de la Touraine et du Poitou's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 Credit Agricole de la Touraine et du Poitou's Debt-to-Equity or its related term are showing as below:

XPAR:CRTO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.08
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Credit Agricole de la Touraine et du Poitou was 0.08. The lowest was 0.01. And the median was 0.02.

XPAR:CRTO's Debt-to-Equity is ranked better than
95.83% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs XPAR:CRTO: 0.04

Credit Agricole de la Touraine et du Poitou Debt-to-Equity Historical Data

The historical data trend for Credit Agricole de la Touraine et du Poitou'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.

Credit Agricole de la Touraine et du Poitou Debt-to-Equity Chart

Credit Agricole de la Touraine et du Poitou Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.08 0.02 0.04

Credit Agricole de la Touraine et du Poitou Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.02 0.02 0.02 0.04

Competitive Comparison of Credit Agricole de la Touraine et du Poitou's Debt-to-Equity

For the Banks - Regional subindustry, Credit Agricole de la Touraine et du Poitou'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.


Credit Agricole de la Touraine et du Poitou's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit Agricole de la Touraine et du Poitou's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Credit Agricole de la Touraine et du Poitou's Debt-to-Equity falls into.



Credit Agricole de la Touraine et du Poitou Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Credit Agricole de la Touraine et du Poitou's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Credit Agricole de la Touraine et du Poitou's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Credit Agricole de la Touraine et du Poitou  (XPAR:CRTO) 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.


Credit Agricole de la Touraine et du Poitou Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Credit Agricole de la Touraine et du Poitou's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Credit Agricole de la Touraine et du Poitou (XPAR:CRTO) Business Description

Traded in Other Exchanges
N/A
Address
18 rue Salvador Allende, Poitiers, FRA, 86008
Crédit Agricole de la Touraine et du Poitou is engaged in providing banking and financial services in France. The company provides loans and financing to individuals and businesses through local branches.