Leverage ratio Crédit Agricole S.A. 2018-2023
The leverage ratio of Crédit Agricole S.A. peaked in December 2020, at 4.9 percent. As of December 2023, the leverage ratio of Crédit Agricole S.A. stood at 3.85 percent. The leverage ratio refers to debt or the banks’ ability to meet financial abilities. The ratio uses Tier 1 capital in order to measure how leveraged a bank is in relation to its consolidated assets. Higher leverage ratios indicate that a bank is more capable of withstanding risks than those with low leverage ratios