Resortvings and Loans (NSA:RESORTSAL) Debt-to-Equity : 0.00 (As of . 20)

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What is Resortvings and Loans Debt-to-Equity?

Resortvings and Loans's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₦0.00 Mil. Resortvings and Loans's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₦0.00 Mil. Resortvings and Loans's Total Stockholders Equity for the quarter that ended in . 20 was ₦0.00 Mil.

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 Resortvings and Loans's Debt-to-Equity or its related term are showing as below:

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

Resortvings and Loans Debt-to-Equity Historical Data

The historical data trend for Resortvings and Loans'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.

Resortvings and Loans Debt-to-Equity Chart

Resortvings and Loans Annual Data

Trend

Debt-to-Equity

Resortvings and Loans Quarterly Data

Debt-to-Equity

Competitive Comparison of Resortvings and Loans's Debt-to-Equity

For the Mortgage Finance subindustry, Resortvings and Loans'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.

Resortvings and Loans's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Resortvings and Loans's Debt-to-Equity falls into.

Resortvings and Loans Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Resortvings and Loans's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Resortvings and Loans's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Resortvings and Loans (NSA:RESORTSAL) 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.

Resortvings and Loans Debt-to-Equity Related Terms

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

Resortvings and Loans (NSA:RESORTSAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Resort Savings and Loans PLC (NSA:RESORTSAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12, Boyle street Onikan, Lagos, NGA

Website

http://www.resortng.com

Resort Savings and Loans PLC operates as a Mortgage bank. It is a primary Mortgage Bank (PMB) authorised to receive deposits and maintain accounts for their customers for the purpose of providing service, creating mortgage assets and other credit facilities. It provides retail Mortgage Banking Services to variety of customers to own their own houses. The bank is actively involved in the National Housing Fund loan disbursement and the monthly NHF remittance collection.

Resortvings and Loans (NSA:RESORTSAL) Headlines

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