Allied Bank (KAR:ABL) Debt-to-Equity : 0.28 (As of Mar. 2024)

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What is Allied Bank Debt-to-Equity?

Allied Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨0 Mil. Allied Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨59,748 Mil. Allied Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨212,346 Mil. Allied Bank's debt to equity for the quarter that ended in Mar. 2024 was 0.28.

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 Allied Bank's Debt-to-Equity or its related term are showing as below:

KAR:ABL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.24 Max: 0.39
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Allied Bank was 0.39. The lowest was 0.13. And the median was 0.24.

KAR:ABL's Debt-to-Equity is ranked better than
74.59% of 1397 companies
in the Banks industry
Industry Median: 0.65 vs KAR:ABL: 0.28

Allied Bank Debt-to-Equity Historical Data

The historical data trend for Allied Bank'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.

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Allied Bank Debt-to-Equity Chart

Allied Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.29

0.13

0.35

0.30

0.18

Allied Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.14	0.15	0.18	0.28

Competitive Comparison of Allied Bank's Debt-to-Equity

For the Banks - Regional subindustry, Allied Bank'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.

Allied Bank's Debt-to-Equity Distribution in the Banks Industry

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

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

Allied Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Allied Bank'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	+	35447.517)	/	197326.038
	=	0.18

Allied Bank's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	59748.257)	/	212345.578
	=	0.28

Allied Bank (KAR:ABL) 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.

Allied Bank Debt-to-Equity Related Terms

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

Allied Bank (KAR:ABL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Allied Bank Ltd (KAR:ABL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tipu Block, New Garden Town, Main Boulevard, Lahore, PB, PAK, 54000

Website

https://www.abl.com

Allied Bank Ltd is a scheduled bank engaged in providing commercial banking and related services. It offers financial products and services to medium and large-sized public and private sector entities and overseas including corporate advisory, underwriting, cash management, trade products, corporate finance products, arranging tenured financing and customer service. It also provides for treasury and money market activities; providing retail banking services to consumers, small and medium enterprises; loans and deposits to commercial and retail customers. The bank's segments are Corporate and Investment Banking; Trading and Sales; Commercial and retail banking; Islamic banking; Asset management company and Others. Majority of revenue is derived from Commercial and Retail Banking segment.