Global IME Bank (XNEP:GBIME) Debt-to-Equity : 0.28 (As of Jan. 2024)

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What is Global IME Bank Debt-to-Equity?

Global IME Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was NPR0 Mil. Global IME Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was NPR16,164 Mil. Global IME Bank's Total Stockholders Equity for the quarter that ended in Jan. 2024 was NPR57,963 Mil. Global IME Bank's debt to equity for the quarter that ended in Jan. 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 Global IME Bank's Debt-to-Equity or its related term are showing as below:

XNEP:GBIME' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 0.39
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Global IME Bank was 0.39. The lowest was 0.04. And the median was 0.20.

XNEP:GBIME's Debt-to-Equity is ranked better than
75.36% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs XNEP:GBIME: 0.28

Global IME Bank Debt-to-Equity Historical Data

The historical data trend for Global IME 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.

* Premium members only.

Global IME Bank Debt-to-Equity Chart

Global IME Bank Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.21

0.17

0.24

0.39

0.32

Global IME Bank Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.28	0.32	0.28	0.28

Competitive Comparison of Global IME Bank's Debt-to-Equity

For the Banks - Regional subindustry, Global IME 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.

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

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

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

Global IME Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global IME Bank's Debt to Equity Ratio for the fiscal year that ended in Jul. 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	+	19426.228)	/	60242.625
	=	0.32

Global IME Bank's Debt to Equity Ratio for the quarter that ended in Jan. 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	+	16164.203)	/	57962.869
	=	0.28

Global IME Bank (XNEP:GBIME) 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.

Global IME Bank Debt-to-Equity Related Terms

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

Global IME Bank (XNEP:GBIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Global IME Bank Ltd (XNEP:GBIME) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

IME Complex, Panipokhari, P.O. Box: 19327, Kathmandu, NPL

Website

http://www.globalimebank.com

Global IME Bank Ltd operates as a commercial bank in Nepal which provides entire commercial banking services. The bank offers a complete range of banking products in deposits, lending, trade finance, and remittances. Its deposit product portfolio encompasses customer tailored saving deposits, fixed deposits, call and current deposits. The lending product portfolio includes commercial loan products such as demand loans, cash credits, overdrafts, trust receipts, and term loans, whereas a complete portfolio of personal and retail credit products are also provided by the bank. It also provides internet and mobile banking services.

Global IME Bank (XNEP:GBIME) Headlines

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