Equitable Group Debt 2024

Equitable Group Aktienanalyse

What does Equitable Group do?

The Equitable Group Inc. is a Canadian company based in Toronto that has been operating in the financial industry for over 150 years. Initially founded in 1859 as the Equitable Life Insurance Company of Canada, the company has evolved over the years into a diversified financial services provider. The Equitable Group's business model can be described as "banking and services". The company specializes primarily in providing mortgage loans to individual customers. However, it also offers a wide range of financial services, including savings and checking accounts, money market accounts, investment funds, asset management, and deposit insurance. The Equitable Life Insurance Company of Canada was originally founded by businessman Gilbert McMicken, who became wealthy in 1857 after acquiring large land holdings in the British colony of Canada West. Two years later, he founded the Equitable Life Insurance Company, and the company began selling life insurance in Ontario. Over the following decades, the company grew rapidly and became one of the leading life insurance companies in Canada. In 1957, the company was restructured and renamed the Equitable Trust Company, transforming it into an asset management firm. In the years that followed, the company expanded into other areas of the financial industry, including mortgages. Today, the Equitable Group is divided into two main subsidiaries: Equitable Bank and Equitable Trust. Equitable Bank is the larger of the two companies and offers a variety of banking products and services. Its business lines include mortgages, savings deposits, money market accounts, lines of credit, and investment funds. Equitable Bank's products include mortgages with various terms, as well as commercial real estate financing and microloans. In recent years, the company has also specialized in providing mortgages for self-employed individuals and alternative financing models in the real estate sector. In conclusion, the Equitable Group has long been a key player in the Canadian financial industry and has established itself as one of the country's leading mortgage providers in recent decades. Thanks to its wide range of products and services, as well as its long-term experience and track record, Equitable has become a trusted and popular partner for many customers and investors. Equitable Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Equitable Group's Debt Structure

Equitable Group's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Equitable Group's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Equitable Group’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Equitable Group’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Equitable Group stock

What is the debt of Equitable Group this year?

Equitable Group has a debt level of 17,450 CAD this year.

What was the debt of Equitable Group compared to the previous year?

The debt of Equitable Group has increased by 5.74% compared to the previous year increased.

What are the consequences of high debt for investors in Equitable Group?

High debt can pose a risk for investors of Equitable Group, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Equitable Group?

Low debt means that Equitable Group has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Equitable Group affect the company?

An increase in debt of Equitable Group can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Equitable Group affect the company?

A reduction in debt of Equitable Group can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Equitable Group?

Some factors that can influence the debt of Equitable Group include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Equitable Group so important for investors?

The debts of Equitable Group are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Equitable Group take to change the debt?

To change the debt, Equitable Group can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Equitable Group pay?

Over the past 12 months, Equitable Group paid a dividend of 1.5 CAD . This corresponds to a dividend yield of about 1.39 %. For the coming 12 months, Equitable Group is expected to pay a dividend of 1.63 CAD.

What is the dividend yield of Equitable Group?

The current dividend yield of Equitable Group is 1.39 %.

When does Equitable Group pay dividends?

Equitable Group pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Equitable Group?

Equitable Group paid dividends every year for the past 23 years.

What is the dividend of Equitable Group?

For the upcoming 12 months, dividends amounting to 1.63 CAD are expected. This corresponds to a dividend yield of 1.51 %.

In which sector is Equitable Group located?

Equitable Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Equitable Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Equitable Group from 9/30/2024 amounting to 0.47 CAD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Equitable Group pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of Equitable Group in the year 2023?

In the year 2023, Equitable Group distributed 1.21 CAD as dividends.

In which currency does Equitable Group pay out the dividend?

The dividends of Equitable Group are distributed in CAD.