Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) Debt-to-Equity : 0.15 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Union Bancaire Pour Le Commerce Et I` Industrie Bourse Debt-to-Equity?

Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was TND0 Mil. Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was TND768 Mil. Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Total Stockholders Equity for the quarter that ended in Dec. 2023 was TND5,285 Mil. Union Bancaire Pour Le Commerce Et I` Industrie Bourse's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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 Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Debt-to-Equity or its related term are showing as below:

XTUN:UBCI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.2 Max: 0.38
Current: 0.15

During the past 4 years, the highest Debt-to-Equity Ratio of Union Bancaire Pour Le Commerce Et I` Industrie Bourse was 0.38. The lowest was 0.15. And the median was 0.20.

XTUN:UBCI's Debt-to-Equity is ranked better than
86.8% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs XTUN:UBCI: 0.15

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Debt-to-Equity Historical Data

The historical data trend for Union Bancaire Pour Le Commerce Et I` Industrie Bourse'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.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Debt-to-Equity Chart

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.38

0.20

0.19

0.15

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.20	0.25	0.19	0.17	0.15

Competitive Comparison of Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Debt-to-Equity

For the Banks - Regional subindustry, Union Bancaire Pour Le Commerce Et I` Industrie Bourse'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.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Debt-to-Equity falls into.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse'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	+	768.207)	/	5284.595
	=	0.15

Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Debt to Equity Ratio for the quarter 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	+	768.207)	/	5284.595
	=	0.15

Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) 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.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

139 Liberty Avenue, Belvedere, Tunis, TUN, 1002

Website

http://www.ubci.tn

Union Bancaire Pour Le Commerce Et I` Industrie Bourse engages in the provision of banking and financial services. It offers private, corporate, and institutional banking solutions; cash management; investment banking; international trade; and financial engineering and services such as credit cards and insurances.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) Headlines

No Headlines