Guaranty Trust Holding Co (NSA:GTCO) Debt-to-Equity : 0.01 (As of Dec. 2024)

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What is Guaranty Trust Holding Co Debt-to-Equity?

Guaranty Trust Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₦0 Mil. Guaranty Trust Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₦22,706 Mil. Guaranty Trust Holding Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₦2,655,258 Mil. Guaranty Trust Holding Co's debt to equity for the quarter that ended in Dec. 2024 was 0.01.

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 Guaranty Trust Holding Co's Debt-to-Equity or its related term are showing as below:

NSA:GTCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.05
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Guaranty Trust Holding Co was 0.05. The lowest was 0.01. And the median was 0.02.

NSA:GTCO's Debt-to-Equity is ranked better than
99.93% of 1474 companies
in the Banks industry
Industry Median: 0.61 vs NSA:GTCO: 0.01

Guaranty Trust Holding Co Debt-to-Equity Historical Data

The historical data trend for Guaranty Trust Holding Co'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.

Guaranty Trust Holding Co Debt-to-Equity Chart

Guaranty Trust Holding Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

0.05

0.04

0.02

0.01

Guaranty Trust Holding Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial												0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Guaranty Trust Holding Co's Debt-to-Equity

For the Banks - Diversified subindustry, Guaranty Trust Holding Co'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.

Guaranty Trust Holding Co's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Guaranty Trust Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guaranty Trust Holding Co's Debt-to-Equity falls into.

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Guaranty Trust Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guaranty Trust Holding Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	22705.919)	/	2655257.881
	=	0.01

Guaranty Trust Holding Co's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	22705.919)	/	2655257.881
	=	0.01

Guaranty Trust Holding Co (NSA:GTCO) 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.

Guaranty Trust Holding Co Debt-to-Equity Related Terms

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Guaranty Trust Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guaranty Trust Holding Co PLC (NSA:GTCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GTCO:UK 9JO:Germany

Address

Plot 635, Akin Adesola Street, Victoria Island, Lagos, NGA

Website

https://www.gtbank.com

Guaranty Trust Holding Co PLC is a multinational financial institution that provides individuals, businesses, private and public institutions across Africa and the United Kingdom with a broad range of market key financial products and services. The company has six reportable segments as follows are Corporate banking which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Commercial banking which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Business banking Which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Retail banking which Incorporates private banking services, private customer current accounts, savings deposits, SME banking and Public sector.

Guaranty Trust Holding Co Headlines

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