Banque Internationale Arabe de Tunisie (LSE:BIND) Debt-to-Equity : 0.31 (As of Dec. 2023)

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What is Banque Internationale Arabe de Tunisie Debt-to-Equity?

Banque Internationale Arabe de Tunisie's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Banque Internationale Arabe de Tunisie's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $213.8 Mil. Banque Internationale Arabe de Tunisie's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $685.8 Mil. Banque Internationale Arabe de Tunisie's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

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 Banque Internationale Arabe de Tunisie's Debt-to-Equity or its related term are showing as below:

LSE:BIND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.32 Max: 0.47
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Banque Internationale Arabe de Tunisie was 0.47. The lowest was 0.18. And the median was 0.32.

LSE:BIND's Debt-to-Equity is ranked better than
72.49% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs LSE:BIND: 0.31

Banque Internationale Arabe de Tunisie Debt-to-Equity Historical Data

The historical data trend for Banque Internationale Arabe de Tunisie'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.

Banque Internationale Arabe de Tunisie Debt-to-Equity Chart

Banque Internationale Arabe de Tunisie Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.39

0.47

0.31

Banque Internationale Arabe de Tunisie Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.34	0.34	0.39	0.47	0.31

Competitive Comparison of Banque Internationale Arabe de Tunisie's Debt-to-Equity

For the Banks - Regional subindustry, Banque Internationale Arabe de Tunisie'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.

Banque Internationale Arabe de Tunisie's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banque Internationale Arabe de Tunisie's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Banque Internationale Arabe de Tunisie's Debt-to-Equity falls into.

Banque Internationale Arabe de Tunisie Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banque Internationale Arabe de Tunisie's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	213.835)	/	685.757
	=	0.31

Banque Internationale Arabe de Tunisie's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	213.835)	/	685.757
	=	0.31

Banque Internationale Arabe de Tunisie (LSE:BIND) 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.

Banque Internationale Arabe de Tunisie Debt-to-Equity Related Terms

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Banque Internationale Arabe de Tunisie (LSE:BIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banque Internationale Arabe de Tunisie SA (LSE:BIND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BIAT:Tunisia

Address

70-72 Avenue Habib Bourguiba, Tunis, TUN, 1000

Website

https://www.biat.com.tn

Banque Internationale Arabe de Tunisie SA is a Tunisia-based banking services provider. The crux of its operations involves Retail Banking and Funding and Investment Banking Business which are also its operating segments. Under the Retail Banking umbrella, it provides deposit products and loans to individuals, as well as the agriculture and fishing, industry, construction, olive oil, trading, tourism, transport, telecom, service, and other sectors. The Investment Banking services include corporate finance, venture capital, a securities portfolio and financial holdings management, asset management, debt recovery. The bank generates a majority of its revenue in the form of interest incomes.

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