GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » West Bancorp Inc (NAS:WTBA) » Definitions » Debt-to-Equity

West Bancorp (West Bancorp) Debt-to-Equity

: 1.97 (As of Dec. 2023)
View and export this data going back to 1999. Start your Free Trial

West Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. West Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $442.37 Mil. West Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $225.04 Mil. West Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 1.97.

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 West Bancorp's Debt-to-Equity or its related term are showing as below:

WTBA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67   Med: 0.97   Max: 1.97
Current: 1.97

During the past 13 years, the highest Debt-to-Equity Ratio of West Bancorp was 1.97. The lowest was 0.67. And the median was 0.97.

WTBA's Debt-to-Equity is ranked worse than
83.19% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs WTBA: 1.97

West Bancorp Debt-to-Equity Historical Data

The historical data trend for West Bancorp'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.

West Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 0.97 0.76 1.35 1.97

West Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 1.35 1.62 1.89 2.18 1.97

Competitive Comparison

For the Banks - Regional subindustry, West Bancorp'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.


West Bancorp Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, West Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where West Bancorp's Debt-to-Equity falls into.



West Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

West Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

West Bancorp'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.


West Bancorp  (NAS:WTBA) 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.


West Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of West Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


West Bancorp (West Bancorp) Business Description

Traded in Other Exchanges
Address
1601 22nd Street, West Des Moines, IA, USA, 50266
West Bancorp Inc is a United States-based company that offers a full range of deposit services, including checking, savings, and money market accounts and time certificates of deposit. West Bank also offers online banking, mobile banking, and treasury management services, which help to meet the banking needs of its customers. Treasury management services offered to business customers include cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services. Also offered are merchant credit card processing and corporate credit cards. The bank operates only in the United States of America region.
Executives
David D Nelson director, officer: CEO & PRESIDENT 1601 22ND STREET, WEST DES MOINES IA 50266
Bradley P Peters officer: Executive Vice President 4808 SYCAMORE COURT, EAGAN MN 55123
Sean Patrick Mcmurray director 13230 ASHLEAF DR, CLIVE IA 50325
George D Milligan director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Rosemary Parson director 3608 129TH STREET, URBANDALE IA 50322
Patrick J Donovan director 445 MINNESOTA ST STE 2000, ST PAUL MN 55101
Douglas R Gulling director, officer: EVP & CFO 9620 HAMMONTREE DRIVE, DES MOINES IA 50322
Lisa J Elming director 6826 NW 88TH CT, JOHNSTON IA 50131
David R Milligan director, officer: CEO & PRESIDENT 10165 LINCOLN AVENUE, DES MOINES IA 50325
Steven T Schuler director 12917 WILDEN CIRCLE, URBANDALE IA 50323
Michael J Gerdin director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Jane M Funk officer: SVP / Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVENUE, FORT DODGE IA 50501
Marie I Roberts officer: SVP, CONTROLLER AND CAC 13050 WALNUT RIDGE CIRCLE, CLIVE IA 50325
Harlee Olafson officer: CHIEF RISK OFFICER 1601 22ND STREET, WEST DES MOINES IA 50266