Best Lease (XTUN:BL) Debt-to-Equity : 0.00 (As of . 20)

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What is Best Lease Debt-to-Equity?

Best Lease's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TND0.00 Mil. Best Lease's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TND0.00 Mil. Best Lease's Total Stockholders Equity for the quarter that ended in . 20 was TND0.00 Mil.

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 Best Lease's Debt-to-Equity or its related term are showing as below:

XTUN:BL's Debt-to-Equity is not ranked ^*
in the Business Services industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Best Lease Debt-to-Equity Historical Data

The historical data trend for Best Lease'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.

Best Lease Debt-to-Equity Chart

Best Lease Annual Data

Trend

Debt-to-Equity

Best Lease Semi-Annual Data

Debt-to-Equity

Competitive Comparison of Best Lease's Debt-to-Equity

For the Rental & Leasing Services subindustry, Best Lease'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.

Best Lease's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Best Lease's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Best Lease's Debt-to-Equity falls into.

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Best Lease Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Best Lease's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Best Lease's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Best Lease (XTUN:BL) 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.

Best Lease Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Best Lease's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Best Lease Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Best Lease SA (XTUN:BL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

54, Avenue Charles City, Mutual Nicolles, TUN, 1002

Website

http://www.bestlease.com.tn

Best Lease SA provides leasing on movable and immovable property for commercial, industrial, agricultural, and other services use. The company also engaged in financial, industrial, or commercial operation or project directly or indirectly related to leasing.