CB Bulgarian American Credit Bank AD (XBUL:BACB) Debt-to-Equity : 0.11 (As of Mar. 2024)

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What is CB Bulgarian American Credit Bank AD Debt-to-Equity?

CB Bulgarian American Credit Bank AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was лв0.0 Mil. CB Bulgarian American Credit Bank AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was лв39.5 Mil. CB Bulgarian American Credit Bank AD's Total Stockholders Equity for the quarter that ended in Mar. 2024 was лв348.9 Mil. CB Bulgarian American Credit Bank AD's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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 CB Bulgarian American Credit Bank AD's Debt-to-Equity or its related term are showing as below:

XBUL:BACB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.18 Max: 0.25
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of CB Bulgarian American Credit Bank AD was 0.25. The lowest was 0.03. And the median was 0.18.

XBUL:BACB's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.66 vs XBUL:BACB: 0.11

CB Bulgarian American Credit Bank AD Debt-to-Equity Historical Data

The historical data trend for CB Bulgarian American Credit Bank 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.

* Premium members only.

CB Bulgarian American Credit Bank AD Debt-to-Equity Chart

CB Bulgarian American Credit Bank AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.24

0.20

0.17

0.21

0.14

CB Bulgarian American Credit Bank AD Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.14	0.13	0.14	0.11

Competitive Comparison of CB Bulgarian American Credit Bank AD's Debt-to-Equity

For the Banks - Regional subindustry, CB Bulgarian American Credit Bank 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.

CB Bulgarian American Credit Bank AD's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CB Bulgarian American Credit Bank AD's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CB Bulgarian American Credit Bank AD's Debt-to-Equity falls into.

CB Bulgarian American Credit Bank AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CB Bulgarian American Credit Bank AD's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	47.952)	/	333.032
	=	0.14

CB Bulgarian American Credit Bank AD's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	39.468)	/	348.938
	=	0.11

CB Bulgarian American Credit Bank AD (XBUL:BACB) 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.

CB Bulgarian American Credit Bank AD Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of CB Bulgarian American Credit Bank AD's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

CB Bulgarian American Credit Bank AD (XBUL:BACB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CB Bulgarian American Credit Bank AD (XBUL:BACB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Slavyanska Street, Sofia, BGR, 1000

Website

https://www.bacb.bg

CB Bulgarian American Credit Bank AD is engaged in providing secured finance to small and medium-sized businesses in Bulgaria. The company offers a full range of banking products and services to individual and corporate clients. It also provides retail, mortgage, working capital, and investment loans, overdrafts, discount credits against claims, and letters of credit and limits for issuance of letters of credit, as well as engage in the taking over/guarantee of credit/bill of exchange liability of a juridical entity or a sole trader.

CB Bulgarian American Credit Bank AD (XBUL:BACB) Headlines

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