Zain Bahrain BSC (BAH:ZAINBH) Debt-to-Equity: 0.38 (As of Jun. 2026) — 100% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BAH:ZAINBH Zain Bahrain BSC BAH:ZAINBH
56 GF Score
Price BHD0.12
GF Value BHD0.13
Valuation Fairly Valued
! 4 Warning Signs
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What is Zain Bahrain BSC Debt-to-Equity?

Zain Bahrain BSC BAH:ZAINBH 56 Debt-to-Equity is 0.38 as of Jun. 2026, which is 100% above its 10-year median of 0.19. GuruFocus rates BAH:ZAINBH with a GF Score™ of 56/100 and a GF Value™ of BHD0.13 (Fairly Valued). The stock has 4 warning signs investors should review. Among 326 Telecommunication Services companies, Zain Bahrain BSC ranks better than 65.34% on this metric.

Zain Bahrain BSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was BHD3.91 Mil. Zain Bahrain BSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was BHD30.17 Mil. Zain Bahrain BSC's Total Stockholders Equity for the quarter that ended in Jun. 2026 was BHD88.86 Mil. Zain Bahrain BSC's debt to equity for the quarter that ended in Jun. 2026 was 0.38.

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 Zain Bahrain BSC's Debt-to-Equity or its related term are showing as below:

BAH:ZAINBH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.19   Max: 0.38
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Zain Bahrain BSC was 0.38. The lowest was 0.01. And the median was 0.19.

BAH:ZAINBH's Debt-to-Equity is ranked better than
65.34% of 326 companies
in the Telecommunication Services industry
Industry Median: 0.6 vs BAH:ZAINBH: 0.38

Zain Bahrain BSC  (BAH:ZAINBH) 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.


Zain Bahrain BSC Debt-to-Equity Related Terms


Zain Bahrain BSC Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Zain Bahrain BSC'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.

Zain Bahrain BSC Debt-to-Equity Chart

Zain Bahrain BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.19 0.20 0.24 0.23

Zain Bahrain BSC Quarterly Data
Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.24 0.23 0.23 - 0.38

BAH:ZAINBH vs VZ, TMUS, T: Debt-to-Equity Comparison

For the Telecom Services subindustry, Zain Bahrain BSC'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.


Zain Bahrain BSC Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zain Bahrain BSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zain Bahrain BSC's Debt-to-Equity falls into.


BAH:ZAINBH
56GF Score
Zain Bahrain BSC BAH:ZAINBH
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zain Bahrain BSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zain Bahrain BSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Zain Bahrain BSC's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.38 mean?
Zain Bahrain BSC (BAH:ZAINBH) has a Debt-to-Equity of 0.38 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zain Bahrain BSC and its competitors. This is 100% above median its historical median of 0.19. Over the past decade, Zain Bahrain BSC's Debt-to-Equity has ranged from 0.01 to 0.38. According to the industry distribution chart, Zain Bahrain BSC ranks #113 out of 326 companies in the Telecommunication Services industry, placing it in the top 34.7%.
Is Zain Bahrain BSC's Debt-to-Equity too high?
Zain Bahrain BSC's current Debt-to-Equity of 0.38 is 100% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.38. The Telecommunication Services industry median Debt-to-Equity is 0.60. Zain Bahrain BSC's value of 0.38 is 36.7% below this industry median. Based on the distribution chart, Zain Bahrain BSC ranks #113 out of 326 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Zain Bahrain BSC has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zain Bahrain BSC's Debt-to-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Zain Bahrain BSC ranks #113 out of 326 companies for Debt-to-Equity. This puts Zain Bahrain BSC in the upper half of its industry. The industry median Debt-to-Equity is 0.60. Zain Bahrain BSC's value of 0.38 is 36.7% below this benchmark. Historically, Zain Bahrain BSC's own Debt-to-Equity has ranged from 0.01 to 0.38 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.60, Zain Bahrain BSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.60, based on 326 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zain Bahrain BSC's current Debt-to-Equity of 0.38 is 36.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zain Bahrain BSC and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zain Bahrain BSC's current Debt-to-Equity is 0.38, which is 100% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zain Bahrain BSC stock overvalued right now?
Based on GuruFocus' analysis, Zain Bahrain BSC (BAH:ZAINBH) is currently considered Fairly Valued. The stock's GF Value™ is BHD0.13, compared to a current price of BHD0.12 — trading 8.5% below its estimated fair value. The current Debt-to-Equity is 0.38, which is 100% above median its 10-year median of 0.19 and 36.7% below the Telecommunication Services industry median of 0.60. Zain Bahrain BSC's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Zain Bahrain BSC (BAH:ZAINBH), the current Debt-to-Equity is 0.38 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zain Bahrain BSC (BAH:ZAINBH) Overvalued in 2026?

Based on GuruFocus' analysis, Zain Bahrain BSC stock appears to be undervalued. The current stock price of BHD0.12 is trading 8.5% below its estimated GF Value™ of BHD0.13. GuruFocus considers Zain Bahrain BSC to be Fairly Valued.

Key valuation signals for BAH:ZAINBH:

  • Debt-to-Equity: 0.38 (100% above median its 10-year median of 0.19)
  • GF Value™: BHD0.13 vs. price of BHD0.12 (8.5% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 36.7% below the Telecommunication Services median (#113 of 326)

No single metric tells the full story. See the BAH:ZAINBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zain Bahrain BSC Business Description

Address Al-Seef, P.O. Box 266, Manama, BHR
Zain Bahrain BSC provides telecommunication and related products and services mainly in the Kingdom of Bahrain. Its business involves three main activities: mobile operation, fixed broadband operation, and trading of handsets and accessories. The company offers: 4G LTE and 5G services through its mobile network, broadband services, ICT and digital lifestyle communications services, and trades in mobile phones, earphones, and other electronic accessories through its e-commerce website. The majority of its revenue is generated from the provision of airtime, data, subscription, and other related services. Geographically, the company operates in Kuwait, Bahrain, Iraq, Jordan, Saudi Arabia, Sudan, and South Sudan.
56GF Score

Get the complete analysis for BAH:ZAINBH

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BHD0.12
Price
BHD0.13
GF Value