Eurobank Ergasias Services And Holdings (Eurobank Ergasias Services And Holdings) Debt-to-Equity : 0.98 (As of Dec. 2023)

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What is Eurobank Ergasias Services And Holdings Debt-to-Equity?

Eurobank Ergasias Services And Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Eurobank Ergasias Services And Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,455 Mil. Eurobank Ergasias Services And Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8,614 Mil. Eurobank Ergasias Services And Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.98.

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 Eurobank Ergasias Services And Holdings's Debt-to-Equity or its related term are showing as below:

EGFEY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 0.88 Max: 1.95
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of Eurobank Ergasias Services And Holdings was 1.95. The lowest was 0.60. And the median was 0.88.

EGFEY's Debt-to-Equity is ranked worse than
63.03% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs EGFEY: 0.98

Eurobank Ergasias Services And Holdings Debt-to-Equity Historical Data

The historical data trend for Eurobank Ergasias Services And Holdings'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.

Eurobank Ergasias Services And Holdings Debt-to-Equity Chart

Eurobank Ergasias Services And Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.13

0.60

0.67

0.78

0.98

Eurobank Ergasias Services And Holdings 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															0.78	0.85	0.75	0.87	0.98

Competitive Comparison of Eurobank Ergasias Services And Holdings's Debt-to-Equity

For the Banks - Regional subindustry, Eurobank Ergasias Services And Holdings'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.

Eurobank Ergasias Services And Holdings's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eurobank Ergasias Services And Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Eurobank Ergasias Services And Holdings's Debt-to-Equity falls into.

Eurobank Ergasias Services And Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eurobank Ergasias Services And Holdings'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	+	8454.744)	/	8613.959
	=	0.98

Eurobank Ergasias Services And Holdings'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	+	8454.744)	/	8613.959
	=	0.98

Eurobank Ergasias Services And Holdings (OTCPK:EGFEY) 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.

Eurobank Ergasias Services And Holdings Debt-to-Equity Related Terms

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

Eurobank Ergasias Services And Holdings (Eurobank Ergasias Services And Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eurobank Ergasias Services And Holdings SA (OTCPK:EGFEY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EGFEF:USA EUROB:Greece 0RCP:UK EFGD:Germany

Address

8 Othonos Street, Athens, GRC, 105 57

Website

https://www.eurobankholdings.gr

Eurobank Ergasias Services And Holdings SA is a full-service banking group operating in Greece, but with some exposure to the rest of Europe. In addition to its extensive branch network offering retail and corporate banking services in its home country, the group engages in retail and business banking in Bulgaria, Romania, and Serbia, as well as wealth management services in Cyprus, Luxembourg, and London. Loans and advances to customers constitute a majority of the group's earning assets, mostly in retail mortgages, followed by commercial and small business loans. A majority of the bank's net revenue is net interest income, followed by net fees and commissions.

Eurobank Ergasias Services And Holdings (Eurobank Ergasias Services And Holdings) Headlines

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