OTP Bank (LTS:0M69) Debt-to-Equity : 0.62 (As of Sep. 2024)

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What is OTP Bank Debt-to-Equity?

OTP Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was Ft0 Mil. OTP Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was Ft2,973,148 Mil. OTP Bank's Total Stockholders Equity for the quarter that ended in Sep. 2024 was Ft4,789,634 Mil. OTP Bank's debt to equity for the quarter that ended in Sep. 2024 was 0.62.

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

LTS:0M69' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.31 Max: 0.72
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of OTP Bank was 0.72. The lowest was 0.16. And the median was 0.31.

LTS:0M69's Debt-to-Equity is ranked better than
51.14% of 1449 companies
in the Banks industry
Industry Median: 0.64 vs LTS:0M69: 0.62

OTP Bank Debt-to-Equity Historical Data

The historical data trend for OTP 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.

OTP Bank Debt-to-Equity Chart

OTP Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

0.32

0.26

0.38

0.67

OTP Bank 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															0.69	0.67	0.65	0.72	0.62

Competitive Comparison of OTP Bank's Debt-to-Equity

For the Banks - Regional subindustry, OTP 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.

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

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

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

OTP Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OTP 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	+	2752554)	/	4086833
	=	0.67

OTP Bank'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	+	2973148)	/	4789634
	=	0.62

OTP Bank (LTS:0M69) 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.

OTP Bank Debt-to-Equity Related Terms

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OTP Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OTP Bank PLC (LTS:0M69) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OTP:Hungary OTPD:UK OTP:Germany

Address

16, Nador Street, Budapest, HUN, 1051

Website

https://www.otpbank.hu

OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Merkantil Group, Asset Management subsidiaries, other subsidiaries, Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets; It also offers mortgage loans, consumer credits, working capital & investment loans to companies, and municipalities. A majority of the bank's net revenue is net interest income.

OTP Bank Headlines

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