NLB Banka a.d. Skopje (XMAE:TNB) Debt-to-Equity : 0.21 (As of Dec. 2024)

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What is NLB Banka a.d. Skopje Debt-to-Equity?

NLB Banka a.d. Skopje's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was MKD0 Mil. NLB Banka a.d. Skopje's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was MKD3,803 Mil. NLB Banka a.d. Skopje's Total Stockholders Equity for the quarter that ended in Dec. 2024 was MKD18,527 Mil. NLB Banka a.d. Skopje's debt to equity for the quarter that ended in Dec. 2024 was 0.21.

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 NLB Banka a.d. Skopje's Debt-to-Equity or its related term are showing as below:

XMAE:TNB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.29 Max: 0.57
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of NLB Banka a.d. Skopje was 0.57. The lowest was 0.18. And the median was 0.29.

XMAE:TNB's Debt-to-Equity is ranked better than
78.36% of 1465 companies
in the Banks industry
Industry Median: 0.63 vs XMAE:TNB: 0.21

NLB Banka a.d. Skopje Debt-to-Equity Historical Data

The historical data trend for NLB Banka a.d. Skopje'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.

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NLB Banka a.d. Skopje Debt-to-Equity Chart

NLB Banka a.d. Skopje Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.18

0.30

0.31

0.29

0.21

NLB Banka a.d. Skopje Quarterly Data
	Jun19	Sep19	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.27	0.29	0.25	0.21

Competitive Comparison of NLB Banka a.d. Skopje's Debt-to-Equity

For the Banks - Regional subindustry, NLB Banka a.d. Skopje'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.

NLB Banka a.d. Skopje's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NLB Banka a.d. Skopje's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NLB Banka a.d. Skopje's Debt-to-Equity falls into.

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NLB Banka a.d. Skopje Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NLB Banka a.d. Skopje'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	+	3802.692)	/	18526.917
	=	0.21

NLB Banka a.d. Skopje'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	+	3802.692)	/	18526.917
	=	0.21

NLB Banka a.d. Skopje (XMAE:TNB) 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.

NLB Banka a.d. Skopje Debt-to-Equity Related Terms

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NLB Banka a.d. Skopje Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NLB Banka a.d. Skopje (XMAE:TNB) » Definitions » Debt-to-Equity

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Address

Majka Tereza No.1, Skopje, MKD, 1000

Website

https://www.nlb.mk

NLB Banka a.d. Skopje is a bank in the Republic of Macedonia. It provides general banking services like accepting deposits, granting loans and advances, foreign exchange, asset management, retail banking services, brokerage services, custody services, and many others. The bank operates in the Republic of Macedonia, EU countries, Non-EU countries in Europe, and other countries.

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