Commercial Bank of Dubai PSC (DFM:CBD) Debt-to-Equity : 0.14 (As of Mar. 2024)

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What is Commercial Bank of Dubai PSC Debt-to-Equity?

Commercial Bank of Dubai PSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ0 Mil. Commercial Bank of Dubai PSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ2,112 Mil. Commercial Bank of Dubai PSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was د.إ15,138 Mil. Commercial Bank of Dubai PSC's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

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 Commercial Bank of Dubai PSC's Debt-to-Equity or its related term are showing as below:

DFM:CBD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.47 Max: 0.74
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Commercial Bank of Dubai PSC was 0.74. The lowest was 0.05. And the median was 0.47.

DFM:CBD's Debt-to-Equity is ranked better than
87.72% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs DFM:CBD: 0.14

Commercial Bank of Dubai PSC Debt-to-Equity Historical Data

The historical data trend for Commercial Bank of Dubai PSC'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.

Commercial Bank of Dubai PSC Debt-to-Equity Chart

Commercial Bank of Dubai PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.59

0.41

0.50

0.61

Commercial Bank of Dubai PSC 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															0.07	0.19	0.18	0.61	0.14

Competitive Comparison of Commercial Bank of Dubai PSC's Debt-to-Equity

For the Banks - Regional subindustry, Commercial Bank of Dubai PSC'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.

Commercial Bank of Dubai PSC's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Commercial Bank of Dubai PSC's Debt-to-Equity falls into.

Commercial Bank of Dubai PSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Commercial Bank of Dubai PSC'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	+	9588.732)	/	15781.357
	=	0.61

Commercial Bank of Dubai PSC'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	+	2111.975)	/	15137.921
	=	0.14

Commercial Bank of Dubai PSC (DFM:CBD) 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.

Commercial Bank of Dubai PSC Debt-to-Equity Related Terms

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Commercial Bank of Dubai PSC (DFM:CBD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial Bank of Dubai PSC (DFM:CBD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Ittihad Street, P.O. Box 2668, Dubai, ARE

Website

http://www.cbd.ae

Commercial Bank of Dubai PSC is a banking firm operating in the United Arab Emirates. The company's operating segments include Institutional banking, Corporate banking, Personal banking, and Trading and Other. It generates maximum revenue from the Corporate banking segment. The company services include a current account, savings account, and deposits. Its borrowing services comprise personal loans, home loans, car loans, and credit card facilities of various types. Under its protection portfolio, the bank provides general insurance, life insurance and safe deposit services and its investment services include asset management, financial economy and international investment plans.

Commercial Bank of Dubai PSC (DFM:CBD) Headlines

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