Bank of Africa-Mali (XBRV:BOAM) Debt-to-Equity: 2.37 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBRV:BOAM Bank of Africa-Mali XBRV:BOAM
37 GF Score
Price XOF6,900.00
! 2 Warning Signs
View Full Analysis

What is Bank of Africa-Mali Debt-to-Equity?

Bank of Africa-Mali XBRV:BOAM -1.36% 37 Debt-to-Equity is 2.37 as of Dec. 2023. GuruFocus rates XBRV:BOAM with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 1,410 Banks companies, Bank of Africa-Mali ranks worse than 70921.91% on this metric.

Bank of Africa-Mali's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was XOF0 Mil. Bank of Africa-Mali's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was XOF95,402 Mil. Bank of Africa-Mali's Total Stockholders Equity for the quarter that ended in Dec. 2023 was XOF40,197 Mil. Bank of Africa-Mali's debt to equity for the quarter that ended in Dec. 2023 was 2.37.

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 of Africa-Mali's Debt-to-Equity or its related term are showing as below:

XBRV:BOAM's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.58
* Ranked among companies with meaningful Debt-to-Equity only.

Bank of Africa-Mali  (XBRV:BOAM) 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 of Africa-Mali Debt-to-Equity Related Terms


Bank of Africa-Mali Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Bank of Africa-Mali'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.

Bank of Africa-Mali Debt-to-Equity Chart

Bank of Africa-Mali Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial 6.75 4.69 3.01 2.37 1.34

Bank of Africa-Mali Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.05 - 3.01 3.01 2.37

XBRV:BOAM vs : Debt-to-Equity Comparison

For the Banks - Regional subindustry, Bank of Africa-Mali'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 of Africa-Mali Debt-to-Equity vs Banks Industry

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

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


XBRV:BOAM
37GF Score
Bank of Africa-Mali XBRV:BOAM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of Africa-Mali Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank of Africa-Mali's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Bank of Africa-Mali's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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 2.37 mean?
Bank of Africa-Mali (XBRV:BOAM) has a Debt-to-Equity of 2.37 as of Dec. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bank of Africa-Mali and its competitors. According to the industry distribution chart, Bank of Africa-Mali ranks #999999 out of 1410 companies in the Banks industry.
Is Bank of Africa-Mali's Debt-to-Equity too high?
Bank of Africa-Mali's current Debt-to-Equity is 2.37. The Banks industry median Debt-to-Equity is 0.58. Bank of Africa-Mali's value of 2.37 is 308.6% above this industry median. Based on the distribution chart, Bank of Africa-Mali ranks #999999 out of 1410 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Bank of Africa-Mali has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Bank of Africa-Mali's Debt-to-Equity compare to ?
According to the Banks industry distribution chart, Bank of Africa-Mali ranks #999999 out of 1410 companies for Debt-to-Equity. This places Bank of Africa-Mali in the lower half of its industry. The industry median Debt-to-Equity is 0.58. Bank of Africa-Mali's value of 2.37 is 308.6% 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 0.58, based on 1,410 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. Bank of Africa-Mali's current Debt-to-Equity of 2.37 is 308.6% 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 Bank of Africa-Mali and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Africa-Mali's current Debt-to-Equity is 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Africa-Mali stock overvalued right now?
Bank of Africa-Mali (XBRV:BOAM) has a current Debt-to-Equity of 2.37. The current Debt-to-Equity is 2.37 and 308.6% above the Banks industry median of 0.58. Bank of Africa-Mali's overall GF Score™ is 37/100 with 2 warning signs to review. 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 Bank of Africa-Mali (XBRV:BOAM), the current Debt-to-Equity is 2.37 as of Dec. 2023. 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.

Bank of Africa-Mali Business Description

Comparable Companies
Address Avenue du Mali, Building Bank of Africa, Bamako, MLI, 2249 - ACI 2000
Bank of Africa-Mali is a benchmark in the banking sector. It is a universal commercial bank operating in the retail, SME, and corporate markets.
37GF Score

Get the complete analysis for XBRV:BOAM

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

XOF6,900.00
Price