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Bladex stock: balance sheet and debt

BLX
$50.39Closing price of 12 Nov 2026MEQIRI Score 76 out of 100

Bladex has total assets of $12.79B and an equity ratio of 13.1%.

Daily figure as of 13 Nov 2026

Debt / Equity
2.49
Interest coverage
no data
Current ratio
14.75
Cash & equivalents
$1.93B
Total assets
$12.79B
Equity ratio
13.1%
Goodwill and intangible assets
$10.74M
not split out

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Total assets and equity ratio

How large the balance sheet of Bladex, Inc. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratio
2006$3.98Bnot reported separatelynot reported separately14.7%
2007$4.79Bnot reported separatelynot reported separately12.8%
2008$4.36Bnot reported separatelynot reported separately13.3%
2009$3.88Bnot reported separatelynot reported separately17.4%
2010$5.1Bnot reported separatelynot reported separately14.0%
2011$6.36Bnot reported separatelynot reported separately12.0%
2012$6.76Bnot reported separatelynot reported separately12.2%
2013$7.42B$1.89Mnot split out11.6%
2014$8.02B$1.02Mnot split out11.4%
2015$8.29B$427Knot split out11.7%
2016$7.18B$2.91Mnot split out14.1%
2017$6.27B$5.43Mnot split out16.6%
2018$7.61B$1.63Mnot split out13.1%
2019$7.25B$1.43Mnot split out14.0%
2020$6.29B$1.98Mnot split out16.5%
2021$8.04B$1.6Mnot split out12.3%
2022$9.28B$2.1Mnot split out11.5%
2023$10.74B$2.61Mnot split out11.2%
2024$11.86B$3.66Mnot split out11.3%
2025$12.79B$10.74Mnot split out13.1%

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is not shown for banks, insurers and other financial companies: for them, cash and bonds are part of the business and are not available to pay down debt. For banks the equity ratio is usually low because customer deposits carry much of the balance sheet. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Bonds and loans (excluding deposits)
Figures as a table
YearCash & equivalentsEquityBonds and loans (excluding deposits)Debt / Equity
2006$332.17M$583.9M$1.72B2.94
2007$477.58M$612.25M$2.23B3.65
2008$900.59M$574.32M$2.42B4.18
2009$424.56M$675.64M$1.72B2.54
2010$436.71M$697.05M$2.44B3.4
2011$843.48M$759M$2.81B3.67
2012$890.05M$826.48M$3.51B4.25
2013$1.17B$859M$4.14B4.82
2014$1.12B$911.04M$4.39B4.82
2015$1.3B$971.93M$4.43B4.55
2016$1.07B$1.01B$3.25B3.21
2017$672.05M$1.04B$2.21B2.12
2018$1.75B$993.59M$3.56B3.58
2019$1.18B$1.02B$3.14B3.09
2020$863.81M$1.04B$2B1.92
2021$1.25B$991.79M$3.75B3.78
2022$1.24B$1.07B$4.73B4.43
2023$2.06B$1.2B$4.68B3.89
2024$2.06B$1.34B$4.58B3.43
2025$1.93B$1.68B$4.18B2.49

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 30 Apr 2024)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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