Blom BankL (LSE:BLBD) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Blom BankL Debt-to-Equity?

Blom BankL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.0 Mil. Blom BankL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.4 Mil. Blom BankL's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $203.5 Mil. Blom BankL's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 Blom BankL's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Blom BankL was 0.14. The lowest was 0.00. And the median was 0.02.

LSE:BLBD's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.695
* Ranked among companies with meaningful Debt-to-Equity only.

Blom BankL Debt-to-Equity Historical Data

The historical data trend for Blom BankL'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.

Blom BankL Debt-to-Equity Chart

Blom BankL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.14

0.12

0.03

0.04

0.01

Blom BankL 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															0.01	0.01	0.02	-	-

Competitive Comparison of Blom BankL's Debt-to-Equity

For the Banks - Diversified subindustry, Blom BankL'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.

Blom BankL's Debt-to-Equity Distribution in the Banks Industry

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

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

Blom BankL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blom BankL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	0.515)	/	51.524
	=	0.01

Blom BankL's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0.433)	/	203.487
	=	0.00

Blom BankL (LSE:BLBD) 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.

Blom BankL Debt-to-Equity Related Terms

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Blom BankL (LSE:BLBD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Blom Bank SAL (LSE:BLBD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BLOM:Lebanon BLBD:Lebanon

Address

Verdun, Rachid Karami Street, Blom Bank Building, P.O. Box 11-1912, Riad El-Solh, Beirut, LBN, 1107 2807

Website

https://www.blombank.com

Blom Bank SAL is a leading bank in Lebanon. The company's operating segment includes retail banking, corporate banking, treasury and asset management and private banking. It generates maximum revenue from the Treasury segment. The Treasury segment is responsible for the liquidity management and market risk of the Group as well as managing the Group's own portfolio of stocks, bonds, and other financial instruments. Geographically, it derives a majority of revenue from the Lebanese market.