Eastern Bank (DHA:EBL) Debt-to-Equity : 1.90 (As of Dec. 2023)

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What is Eastern Bank Debt-to-Equity?

Eastern Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT0 Mil. Eastern Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT76,936 Mil. Eastern Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT40,526 Mil. Eastern Bank's debt to equity for the quarter that ended in Dec. 2023 was 1.90.

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

DHA:EBL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.52 Med: 2.06 Max: 2.4
Current: 1.9

During the past 9 years, the highest Debt-to-Equity Ratio of Eastern Bank was 2.40. The lowest was 1.52. And the median was 2.06.

DHA:EBL's Debt-to-Equity is ranked worse than
82.04% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs DHA:EBL: 1.90

Eastern Bank Debt-to-Equity Historical Data

The historical data trend for Eastern 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.

Eastern Bank Debt-to-Equity Chart

Eastern Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.06

1.60

2.09

2.24

1.90

Eastern Bank 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															2.24	2.09	2.35	2.09	1.90

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

For the Banks - Regional subindustry, Eastern 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.

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

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

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

Eastern Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eastern Bank'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	+	76935.928)	/	40525.924
	=	1.90

Eastern Bank'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	+	76935.928)	/	40525.924
	=	1.90

Eastern Bank (DHA:EBL) 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.

Eastern Bank Debt-to-Equity Related Terms

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

Eastern Bank (DHA:EBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eastern Bank Plc (DHA:EBL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

100 Gulshan Avenue, Gulshan, Dhaka, BGD, 1212

Website

https://www.ebl.com.bd

Eastern Bank Plc is a commercial bank. It provides a full range of real-time online banking services such as retail loan products, business loans, LC trade, deposits, through all Branches, ATMs and Internet Banking Channels. The reportable segments of the group are DBO (Domestic Banking Operation), OBO (Offshore Banking Operation), EBL Securities Limited (EBLSL), EBL Investments Limited (EBLIL), EBL Finance (HK) Limited and EBL Asset Management Limited (EBLAML).

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