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Himalayan Bank (XNEP:HBL) Debt-to-Equity : 0.28 (As of Apr. 2024)


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What is Himalayan Bank Debt-to-Equity?

Himalayan Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was NPR0 Mil. Himalayan Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was NPR10,318 Mil. Himalayan Bank's Total Stockholders Equity for the quarter that ended in Apr. 2024 was NPR37,255 Mil. Himalayan Bank's debt to equity for the quarter that ended in Apr. 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 Himalayan Bank's Debt-to-Equity or its related term are showing as below:

XNEP:HBL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.14   Max: 0.42
Current: 0.28

During the past 5 years, the highest Debt-to-Equity Ratio of Himalayan Bank was 0.42. The lowest was 0.04. And the median was 0.14.

XNEP:HBL's Debt-to-Equity is ranked better than
74.43% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs XNEP:HBL: 0.28

Himalayan Bank Debt-to-Equity Historical Data

The historical data trend for Himalayan 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.

Himalayan Bank Debt-to-Equity Chart

Himalayan Bank Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-Equity
0.04 0.14 0.13 0.17 0.42

Himalayan Bank Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Debt-to-Equity Get a 7-Day Free Trial 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 0.23 0.42 0.28 0.29 0.28

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

For the Banks - Regional subindustry, Himalayan 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.


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

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

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



Himalayan Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Himalayan Bank's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Himalayan Bank's Debt to Equity Ratio for the quarter that ended in Apr. 2024 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.


Himalayan Bank  (XNEP:HBL) 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.


Himalayan Bank Debt-to-Equity Related Terms

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


Himalayan Bank (XNEP:HBL) Business Description

Traded in Other Exchanges
N/A
Address
Kamaladi, P.O. Box: 20590, Kathmandu, NPL
Himalayan Bank Ltd is a Nepal based company involved in the banking business. It is primarily engaged in providing financial services that include accepting deposits, corporate and retail lending, project financing, trade financing and fund transfer, among others. It also offers remittance services, card services and other ancillary services like safe deposit locker services as well as a wide range of electronic banking facilities. The products and services are offered to personal and business customers in Nepal.

Himalayan Bank (XNEP:HBL) Headlines

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