Garima Bikas Bank (XNEP:GBBL) Debt-to-Equity : 0.13 (As of Apr. 2024)

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What is Garima Bikas Bank Debt-to-Equity?

Garima Bikas Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was NPR0 Mil. Garima Bikas Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was NPR1,052 Mil. Garima Bikas Bank's Total Stockholders Equity for the quarter that ended in Apr. 2024 was NPR8,428 Mil. Garima Bikas Bank's debt to equity for the quarter that ended in Apr. 2024 was 0.12.

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 Garima Bikas Bank's Debt-to-Equity or its related term are showing as below:

XNEP:GBBL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.16 Max: 0.33
Current: 0.13

During the past 11 years, the highest Debt-to-Equity Ratio of Garima Bikas Bank was 0.33. The lowest was 0.05. And the median was 0.16.

XNEP:GBBL's Debt-to-Equity is ranked better than
87.93% of 1408 companies
in the Banks industry
Industry Median: 0.66 vs XNEP:GBBL: 0.13

Garima Bikas Bank Debt-to-Equity Historical Data

The historical data trend for Garima Bikas Bank'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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Garima Bikas Bank Debt-to-Equity Chart

Garima Bikas Bank Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.21

0.17

Garima Bikas Bank Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.17	0.33	0.25	0.13

Competitive Comparison of Garima Bikas Bank's Debt-to-Equity

For the Banks - Regional subindustry, Garima Bikas Bank'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.

Garima Bikas Bank's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Garima Bikas Bank's Debt-to-Equity falls into.

Garima Bikas Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Garima Bikas Bank's Debt to Equity Ratio for the fiscal year that ended in Jul. 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	+	1316.273)	/	7790.88
	=	0.17

Garima Bikas Bank's Debt to Equity Ratio for the quarter that ended in Apr. 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	+	1052.417)	/	8428.154
	=	0.12

Garima Bikas Bank (XNEP:GBBL) 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.

Garima Bikas Bank Debt-to-Equity Related Terms

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Garima Bikas Bank (XNEP:GBBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Garima Bikas Bank Ltd (XNEP:GBBL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Das Tower, Lazimpat, Kathmandu, NPL, 02

Website

https://www.garimabank.com.np

Garima Bikas Bank Ltd provides standard banking services in Nepal. The company's services includes acceptance of deposits, corporate and retail credit, hire purchase financing, micro credit, trade financing, personal and corporate banking, foreign currency transactions and other banking activities. Along with its subsidiary, it is also engaged in Merchant Banking business and provides the service of Depository Participants and Portfolio Management Service. Its segments include, Regular Banking, Treasury Functions and Transaction Banking with majority of the revenue being generated from the Regular Banking segment.

Garima Bikas Bank (XNEP:GBBL) Headlines

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