Nova Banka AD (XBLB:NOVB-R-E) Debt-to-Equity: 0.76 (As of Dec. 2024)

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What is Nova Banka AD Debt-to-Equity?

Nova Banka AD XBLB:NOVB-R-E Debt-to-Equity is 0.76 as of Dec. 2024.

Nova Banka AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was BAM0.0 Mil. Nova Banka AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was BAM420.3 Mil. Nova Banka AD's Total Stockholders Equity for the quarter that ended in Dec. 2024 was BAM554.9 Mil. Nova Banka AD's debt to equity for the quarter that ended in Dec. 2024 was 0.76.

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 Nova Banka AD's Debt-to-Equity or its related term are showing as below:

XBLB:NOVB-R-E's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.57
* Ranked among companies with meaningful Debt-to-Equity only.

Nova Banka AD  (XBLB:NOVB-R-E) 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.

Nova Banka AD Debt-to-Equity Related Terms

Nova Banka AD Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nova Banka AD'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.

Nova Banka AD Debt-to-Equity Chart

Nova Banka AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.57 0.98 0.88 0.76

Nova Banka AD Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 1.16 0.88 0.88 0.76

Nova Banka AD Debt-to-Equity Competitor Comparison

For the Banks - Regional subindustry, Nova Banka AD'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.

Nova Banka AD Debt-to-Equity vs Banks Industry

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

* The bar in red indicates where Nova Banka AD's Debt-to-Equity falls into.


Nova Banka AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nova Banka AD'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 + 420.308) / 554.924
=0.76

Nova Banka AD'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 + 420.308) / 554.924
=0.76

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.76 mean?
Nova Banka AD (XBLB:NOVB-R-E) has a Debt-to-Equity of 0.76 as of Dec. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nova Banka AD and its competitors.
Is Nova Banka AD's Debt-to-Equity too high?
Nova Banka AD's current Debt-to-Equity is 0.76. The Banks industry median Debt-to-Equity is 0.57. Nova Banka AD's value of 0.76 is 33.3% above this industry median.
How does Nova Banka AD's Debt-to-Equity compare to competitors?
Nova Banka AD's Debt-to-Equity of 0.76 can be compared against companies in the Banks industry. The industry median Debt-to-Equity is 0.57. Nova Banka AD's value of 0.76 is 33.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.57, based on 1,418 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nova Banka AD's current Debt-to-Equity of 0.76 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nova Banka AD and its competitors. For the Banks industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Banka AD's current Debt-to-Equity is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Banka AD stock overvalued right now?
Nova Banka AD (XBLB:NOVB-R-E) has a current Debt-to-Equity of 0.76. The current Debt-to-Equity is 0.76 and 33.3% above the Banks industry median of 0.57. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Nova Banka AD (XBLB:NOVB-R-E), the current Debt-to-Equity is 0.76 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nova Banka AD Business Description

Address 37A Kralja Alfonsa XIII Street, Banja Luka, BIH, 78 000
Nova Banka AD is engaged in providing banking services. The services include loans, documentary work, deposits and savings, payment transactions and money transfers, and currency exchange transactions. The bank also provides non-banking activities such as broker operations, custody operations, factoring, and forfeiting. Its operating segments include Corporate, Retail, Financial market, and others.