Bank Asia (DHA:BANKASIA) Debt-to-Equity : 1.17 (As of Dec. 2023)

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What is Bank Asia Debt-to-Equity?

Bank Asia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT0 Mil. Bank Asia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT34,344 Mil. Bank Asia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT29,403 Mil. Bank Asia's debt to equity for the quarter that ended in Dec. 2023 was 1.17.

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

DHA:BANKASIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 1.83 Max: 2.21
Current: 1.17

During the past 12 years, the highest Debt-to-Equity Ratio of Bank Asia was 2.21. The lowest was 0.60. And the median was 1.83.

DHA:BANKASIA's Debt-to-Equity is ranked worse than
69.04% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs DHA:BANKASIA: 1.17

Bank Asia Debt-to-Equity Historical Data

The historical data trend for Bank Asia'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.

Bank Asia Debt-to-Equity Chart

Bank Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.05

1.84

2.20

2.21

1.17

Bank Asia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.21	1.86	1.22	1.25	1.17

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

For the Banks - Regional subindustry, Bank Asia'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.

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

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

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

Bank Asia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank Asia'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	+	34344.066)	/	29402.727
	=	1.17

Bank Asia'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	+	34344.066)	/	29402.727
	=	1.17

Bank Asia (DHA:BANKASIA) 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.

Bank Asia Debt-to-Equity Related Terms

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

Bank Asia (DHA:BANKASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Asia PLC (DHA:BANKASIA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

32 & 34 Kazi Nazrul Islam Avenue, Bank Asia Tower, Karwan Bazar, Dhaka, BGD, 1215

Website

https://www.bankasia-bd.com

Bank Asia Ltd is a Bangladesh-based Bank. The bank provides various banking products and services such as mobile banking, ATM services, credit card facilities, internet banking, foreign currency account, and other services. Its principal activities are to provide all kinds of conventional and Islamic commercial banking services to its customers through its branches, Islamic windows, SME centers, and alternative delivery channels. The segments of the company within Bangladesh are Conventional Banking, Islamic Banking, and Off-shore Banking unit, of which key revenue is derived from the Conventional Banking unit. It has a business presence in Bangladesh and other countries.

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