Israel Discount Bank (Israel Discount Bank) Debt-to-Equity : 0.59 (As of Dec. 2023)

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What is Israel Discount Bank Debt-to-Equity?

Israel Discount Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Israel Discount Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,493 Mil. Israel Discount Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,660 Mil. Israel Discount Bank's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

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 Israel Discount Bank's Debt-to-Equity or its related term are showing as below:

ISDAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.59 Max: 0.84
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of Israel Discount Bank was 0.84. The lowest was 0.49. And the median was 0.59.

ISDAY's Debt-to-Equity is ranked better than
54.7% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs ISDAY: 0.59

Israel Discount Bank Debt-to-Equity Historical Data

The historical data trend for Israel Discount 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.

* Premium members only.

Israel Discount Bank Debt-to-Equity Chart

Israel Discount Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.70

0.57

0.74

0.55

0.59

Israel Discount Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.58	0.61	0.59	0.59

Competitive Comparison of Israel Discount Bank's Debt-to-Equity

For the Banks - Regional subindustry, Israel Discount 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.

Israel Discount Bank's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Israel Discount Bank's Debt-to-Equity falls into.

Israel Discount Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Israel Discount Bank'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	+	4492.563)	/	7660.413
	=	0.59

Israel Discount Bank's Debt to Equity Ratio for the quarter 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	+	4492.563)	/	7660.413
	=	0.59

Israel Discount Bank (OTCPK:ISDAY) 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.

Israel Discount Bank Debt-to-Equity Related Terms

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

Israel Discount Bank (Israel Discount Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Israel Discount Bank Ltd (OTCPK:ISDAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DSCT:Israel

Address

23 Yehuda Halevi Street, Tel Aviv, ISR, 65136

Website

https://www.discountbank.net

Israel Discount Bank Ltd and its subsidiaries engage in banking and financial services. The bank is headquartered in Israel and earns the majority of revenue domestically. The bank operates through several segments, organized by customer type. The household division, offers current account services, lending, deposits, credit cards, mortgages, personal loans, and other services to individual customers. The next segment by revenue is the small-business division, which offers business financing, loans, leasing services, foreign currency transactions, and professional services to its business clients.

Israel Discount Bank (Israel Discount Bank) Headlines

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