Banco Occidental de Descuento BOD (CAR:BOU) Debt-to-Equity : 2.15 (As of Mar. 2022)

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What is Banco Occidental de Descuento BOD Debt-to-Equity?

Banco Occidental de Descuento BOD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was VES0.0 Mil. Banco Occidental de Descuento BOD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was VES530.4 Mil. Banco Occidental de Descuento BOD's Total Stockholders Equity for the quarter that ended in Mar. 2022 was VES246.7 Mil. Banco Occidental de Descuento BOD's debt to equity for the quarter that ended in Mar. 2022 was 2.15.

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 Banco Occidental de Descuento BOD's Debt-to-Equity or its related term are showing as below:

CAR:BOU's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.7
* Ranked among companies with meaningful Debt-to-Equity only.

Banco Occidental de Descuento BOD Debt-to-Equity Historical Data

The historical data trend for Banco Occidental de Descuento BOD'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.

Banco Occidental de Descuento BOD Debt-to-Equity Chart

Banco Occidental de Descuento BOD Annual Data

Trend

Dec21

Debt-to-Equity

0.23

Banco Occidental de Descuento BOD Quarterly Data
	Jun19	Jun21	Sep21	Dec21	Mar22
Debt-to-Equity	0.07	0.03	0.12	0.23	2.15

Competitive Comparison of Banco Occidental de Descuento BOD's Debt-to-Equity

For the Banks - Regional subindustry, Banco Occidental de Descuento BOD'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.

Banco Occidental de Descuento BOD's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Occidental de Descuento BOD's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Banco Occidental de Descuento BOD's Debt-to-Equity falls into.

Banco Occidental de Descuento BOD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco Occidental de Descuento BOD's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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	+	95.179)	/	409.99
	=	0.23

Banco Occidental de Descuento BOD's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	530.435)	/	246.663
	=	2.15

Banco Occidental de Descuento BOD (CAR:BOU) 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.

Banco Occidental de Descuento BOD Debt-to-Equity Related Terms

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Banco Occidental de Descuento BOD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Occidental de Descuento BOD (CAR:BOU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida 5 de Julio, Avenue corner 17, Maracaibo, VEN

Website

http://www.bod.com.ve

Banco Occidental de Descuento BOD is a commercial bank. The Company operates in five banking units: Commercial, Co-Operative, Petroleum, Agricultural, and Private Banking.

Banco Occidental de Descuento BOD Headlines

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