Attijari Bank (XTUN:TJARI) Debt-to-Equity : 0.34 (As of Dec. 2022)

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What is Attijari Bank Debt-to-Equity?

Attijari Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was TND0.0 Mil. Attijari Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was TND341.9 Mil. Attijari Bank's Total Stockholders Equity for the quarter that ended in Dec. 2022 was TND1,012.5 Mil. Attijari Bank's debt to equity for the quarter that ended in Dec. 2022 was 0.34.

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

XTUN:TJARI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.76 Max: 0.95
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Attijari Bank was 0.95. The lowest was 0.34. And the median was 0.76.

XTUN:TJARI's Debt-to-Equity is ranked better than
70.01% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs XTUN:TJARI: 0.34

Attijari Bank Debt-to-Equity Historical Data

The historical data trend for Attijari 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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Attijari Bank Debt-to-Equity Chart

Attijari Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.86

0.65

0.46

0.34

Attijari Bank Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial									0.86	0.65	0.46	0.34	0.34

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

For the Banks - Regional subindustry, Attijari 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.

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

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

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

Attijari Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Attijari Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	341.859)	/	1012.474
	=	0.34

Attijari Bank's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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	+	341.859)	/	1012.474
	=	0.34

Attijari Bank (XTUN:TJARI) 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.

Attijari Bank Debt-to-Equity Related Terms

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Attijari Bank (XTUN:TJARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Attijari Bank (XTUN:TJARI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, Rue Hedi Karray, Centre Urbain Nord, Tunis, TUN, 1080

Website

http://www.attijaribank.com.tn

Attijari Bank is a Tunisian banking service provider. It caters to individuals, businesses, and freelancers through its Retail and Corporate banking segments. The individual's avail of retail banking services comprises accounts, online banking, money transfers, bank cards, insurance, and providence services, while businesses get the benefit of Corporate banking services such as international trade, financing, and flow management solutions. The bank generates its core revenue from the interest income arising out of its lending activities.

Attijari Bank (XTUN:TJARI) Headlines

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