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Prime Bank (DHA:PRIMEBANK) Debt-to-Equity : 1.87 (As of Sep. 2023)


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What is Prime Bank Debt-to-Equity?

Prime Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was BDT0 Mil. Prime Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was BDT62,889 Mil. Prime Bank's Total Stockholders Equity for the quarter that ended in Sep. 2023 was BDT33,681 Mil. Prime Bank's debt to equity for the quarter that ended in Sep. 2023 was 1.87.

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

DHA:PRIMEBANK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 1.01   Max: 2.6
Current: 1.87

During the past 10 years, the highest Debt-to-Equity Ratio of Prime Bank was 2.60. The lowest was 0.27. And the median was 1.01.

DHA:PRIMEBANK's Debt-to-Equity is ranked worse than
81.71% of 1394 companies
in the Banks industry
Industry Median: 0.7 vs DHA:PRIMEBANK: 1.87

Prime Bank Debt-to-Equity Historical Data

The historical data trend for Prime 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.

Prime Bank Debt-to-Equity Chart

Prime Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.06 0.96 1.68 2.01

Prime Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.85 2.01 2.60 2.02 1.87

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

For the Banks - Regional subindustry, Prime 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.


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

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

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



Prime Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prime Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Prime Bank's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Prime Bank  (DHA:PRIMEBANK) 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.


Prime Bank Debt-to-Equity Related Terms

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


Prime Bank (DHA:PRIMEBANK) Business Description

Traded in Other Exchanges
N/A
Address
119-120 Adamjee Court, Annex Building-2, Motijheel C/A, Dhaka, BGD, 1000
Prime Bank PLC Formerly Prime Bank Ltd is a commercial bank based in Bangladesh. The Bank offers all kinds of Commercial, Corporate, and Personal Banking services covering all segments of society. The Bank also provides off-shore banking services through its 3 (Three) Off-shore Banking Units (OBU). Its segment consists of Corporate & Institutional Banking, Commercial Banking, MSME(Micro, Small & Medium Enterprise), and Consumer.

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