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Erbil Bank for Investment & Finance (IQS:BERI) Debt-to-Equity : 0.07 (As of Dec. 2022)


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What is Erbil Bank for Investment & Finance Debt-to-Equity?

Erbil Bank for Investment & Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ع.د0 Mil. Erbil Bank for Investment & Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ع.د18,103 Mil. Erbil Bank for Investment & Finance's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ع.د261,582 Mil. Erbil Bank for Investment & Finance's debt to equity for the quarter that ended in Dec. 2022 was 0.07.

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 Erbil Bank for Investment & Finance's Debt-to-Equity or its related term are showing as below:

IQS:BERI's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

Erbil Bank for Investment & Finance Debt-to-Equity Historical Data

The historical data trend for Erbil Bank for Investment & 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.

* Premium members only.

Erbil Bank for Investment & Finance Debt-to-Equity Chart

Erbil Bank for Investment & Finance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
0.01 0.02 0.03 0.04 0.07

Erbil Bank for Investment & Finance Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity 0.01 0.02 0.03 0.04 0.07

Competitive Comparison of Erbil Bank for Investment & Finance's Debt-to-Equity

For the Banks - Regional subindustry, Erbil Bank for Investment & 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.


Erbil Bank for Investment & Finance's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Erbil Bank for Investment & Finance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Erbil Bank for Investment & Finance's Debt-to-Equity falls into.



Erbil Bank for Investment & Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Erbil Bank for Investment & Finance's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Erbil Bank for Investment & Finance's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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.


Erbil Bank for Investment & Finance  (IQS:BERI) 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.


Erbil Bank for Investment & Finance Debt-to-Equity Related Terms

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Erbil Bank for Investment & Finance Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Khanqa Street, opposite the Ministry of Municipalities, P.O. Box 20/384, Erbil, IRQ
Erbil Bank for Investment & Finance is a financial services organization that provides its presence in the banking sector through services offered to customers. The company offers products such as Banking accounts, Erbil bank cards, Internal and foreign remittances, Mobile banking, and credit services.