IDLC Finance (DHA:IDLC) Debt-to-Equity : 0.55 (As of Sep. 2024)

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What is IDLC Finance Debt-to-Equity?

IDLC Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was BDT0 Mil. IDLC Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was BDT10,859 Mil. IDLC Finance's Total Stockholders Equity for the quarter that ended in Sep. 2024 was BDT19,630 Mil. IDLC Finance's debt to equity for the quarter that ended in Sep. 2024 was 0.55.

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 IDLC Finance's Debt-to-Equity or its related term are showing as below:

DHA:IDLC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53 Med: 1.18 Max: 1.76
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of IDLC Finance was 1.76. The lowest was 0.53. And the median was 1.18.

DHA:IDLC's Debt-to-Equity is ranked better than
53.6% of 1474 companies
in the Banks industry
Industry Median: 0.61 vs DHA:IDLC: 0.55

IDLC Finance Debt-to-Equity Historical Data

The historical data trend for IDLC Finance'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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IDLC Finance Debt-to-Equity Chart

IDLC Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.81

1.01

1.76

1.32

0.63

IDLC Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.31	0.63	0.53	0.74	0.55

Competitive Comparison of IDLC Finance's Debt-to-Equity

For the Mortgage Finance subindustry, IDLC Finance'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.

IDLC Finance's Debt-to-Equity Distribution in the Banks Industry

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

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

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IDLC Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IDLC Finance'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	+	11880.744)	/	18999.625
	=	0.63

IDLC Finance's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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	+	10858.75)	/	19629.774
	=	0.55

IDLC Finance (DHA:IDLC) 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.

IDLC Finance Debt-to-Equity Related Terms

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

IDLC Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IDLC Finance PLC (DHA:IDLC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Bay's Galleria, 57 Gulshan Avenue, 1st Floor, Gulshan 1, Dhaka, BGD, 1212

Website

https://www.idlc.com

IDLC Finance PLC is a Non-Banking Financial Institution in Bangladesh. Its products and services include small and medium enterprises finance, lease financing, syndication, corporate advisory, bridge financing, underwriting, and issue management. The company operates through four segments namely, Core financing business, Investment banking business, Brokerage business, and Asset management business. The majority is from the Core financing business.

IDLC Finance Headlines

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