Bank Fur Tirol und Vorarlberg AG (WBO:BTS) Debt-to-Equity : 0.01 (As of Sep. 2023)

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What is Bank Fur Tirol und Vorarlberg AG Debt-to-Equity?

Bank Fur Tirol und Vorarlberg AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.0 Mil. Bank Fur Tirol und Vorarlberg AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €29.8 Mil. Bank Fur Tirol und Vorarlberg AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €2,196.2 Mil. Bank Fur Tirol und Vorarlberg AG's debt to equity for the quarter that ended in Sep. 2023 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 Bank Fur Tirol und Vorarlberg AG's Debt-to-Equity or its related term are showing as below:

WBO:BTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.7 Max: 1.43
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Bank Fur Tirol und Vorarlberg AG was 1.43. The lowest was 0.01. And the median was 0.70.

WBO:BTS's Debt-to-Equity is ranked better than
99.93% of 1393 companies
in the Banks industry
Industry Median: 0.67 vs WBO:BTS: 0.01

Bank Fur Tirol und Vorarlberg AG Debt-to-Equity Historical Data

The historical data trend for Bank Fur Tirol und Vorarlberg AG'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.

Bank Fur Tirol und Vorarlberg AG Debt-to-Equity Chart

Bank Fur Tirol und Vorarlberg AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.70

0.72

0.67

0.61

0.52

Bank Fur Tirol und Vorarlberg AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.52	0.02	0.01	0.01

Competitive Comparison of Bank Fur Tirol und Vorarlberg AG's Debt-to-Equity

For the Banks - Regional subindustry, Bank Fur Tirol und Vorarlberg AG'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.

Bank Fur Tirol und Vorarlberg AG's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Fur Tirol und Vorarlberg AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bank Fur Tirol und Vorarlberg AG's Debt-to-Equity falls into.

Bank Fur Tirol und Vorarlberg AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank Fur Tirol und Vorarlberg AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	1062.944)	/	2028.329
	=	0.52

Bank Fur Tirol und Vorarlberg AG's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	29.827)	/	2196.202
	=	0.01

Bank Fur Tirol und Vorarlberg AG (WBO:BTS) 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.

Bank Fur Tirol und Vorarlberg AG Debt-to-Equity Related Terms

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

Bank Fur Tirol und Vorarlberg AG (WBO:BTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Fur Tirol und Vorarlberg AG (WBO:BTS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZTY:Germany

Address

Stadtforum 1, Innsbruck, AUT, 6020

Website

http://www.btv.at

Bank Fur Tirol und Vorarlberg AG provides banking and financial products and services. It operates in Austria, Switzerland and Germany. It has corporate clients, retail clients, institutional clients and banks, leasing, and cable cars segments. The firm derives the majority of the revenues from the corporate client's segment.

Bank Fur Tirol und Vorarlberg AG (WBO:BTS) Headlines

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