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First Security Islami Bank (DHA:FIRSTSBANK) Debt-to-Equity : 0.51 (As of Mar. 2024)


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What is First Security Islami Bank Debt-to-Equity?

First Security Islami Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT0 Mil. First Security Islami Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT13,042 Mil. First Security Islami Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was BDT25,377 Mil. First Security Islami Bank's debt to equity for the quarter that ended in Mar. 2024 was 0.51.

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

DHA:FIRSTSBANK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.77   Max: 1.04
Current: 0.51

During the past 10 years, the highest Debt-to-Equity Ratio of First Security Islami Bank was 1.04. The lowest was 0.20. And the median was 0.77.

DHA:FIRSTSBANK's Debt-to-Equity is ranked better than
59.4% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs DHA:FIRSTSBANK: 0.51

First Security Islami Bank Debt-to-Equity Historical Data

The historical data trend for First Security Islami 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.

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First Security Islami Bank Debt-to-Equity Chart

First Security Islami Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.96 0.95 0.86 0.59

First Security Islami Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.69 0.66 0.58 0.59 0.51

Competitive Comparison of First Security Islami Bank's Debt-to-Equity

For the Banks - Regional subindustry, First Security Islami 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.


First Security Islami Bank's Debt-to-Equity Distribution in the Banks Industry

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

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



First Security Islami Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Security Islami Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

First Security Islami Bank's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


First Security Islami Bank  (DHA:FIRSTSBANK) 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.


First Security Islami Bank Debt-to-Equity Related Terms

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First Security Islami Bank (DHA:FIRSTSBANK) Business Description

Traded in Other Exchanges
N/A
Address
Rangs RD Center, Block: SE (F), Plot:03, Gulshan Avenue, Gulshan - 1, Dhaka, BGD, 1212
First Security Islami Bank Ltd is a commercial bank. The bank's activities include accepting deposits, making loans, discounting bills, conducting money transfers and foreign exchange transactions, and performing other services. The company mainly focuses on deposit mobilization and investing activities comprising of short-term, long-term, import, and export financing. The company invests in rural and agriculture, garments, jute, cement and bricks, tannery, steel and engineering, food and beverage, chemical and pharmaceuticals, printing and packaging, glass, and ceramics.

First Security Islami Bank (DHA:FIRSTSBANK) Headlines

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