Societe Tunisienne de Banque (XTUN:STB) Debt-to-Equity : 0.73 (As of Dec. 2022)

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What is Societe Tunisienne de Banque Debt-to-Equity?

Societe Tunisienne de Banque's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was TND0.0 Mil. Societe Tunisienne de Banque's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was TND987.6 Mil. Societe Tunisienne de Banque's Total Stockholders Equity for the quarter that ended in Dec. 2022 was TND1,356.2 Mil. Societe Tunisienne de Banque's debt to equity for the quarter that ended in Dec. 2022 was 0.73.

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 Societe Tunisienne de Banque's Debt-to-Equity or its related term are showing as below:

XTUN:STB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.63 Max: 1.03
Current: 0.73

During the past 8 years, the highest Debt-to-Equity Ratio of Societe Tunisienne de Banque was 1.03. The lowest was 0.27. And the median was 0.63.

XTUN:STB's Debt-to-Equity is ranked worse than
52.98% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs XTUN:STB: 0.73

Societe Tunisienne de Banque Debt-to-Equity Historical Data

The historical data trend for Societe Tunisienne de Banque'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.

Societe Tunisienne de Banque Debt-to-Equity Chart

Societe Tunisienne de Banque Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.31

0.27

0.30

0.73

Societe Tunisienne de Banque Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial			0.31	0.27	0.30	0.73	0.73

Competitive Comparison of Societe Tunisienne de Banque's Debt-to-Equity

For the Banks - Regional subindustry, Societe Tunisienne de Banque'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.

Societe Tunisienne de Banque's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Societe Tunisienne de Banque's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Societe Tunisienne de Banque's Debt-to-Equity falls into.

Societe Tunisienne de Banque Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Societe Tunisienne de Banque's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	987.615)	/	1356.233
	=	0.73

Societe Tunisienne de Banque's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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	+	987.615)	/	1356.233
	=	0.73

Societe Tunisienne de Banque (XTUN:STB) 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.

Societe Tunisienne de Banque Debt-to-Equity Related Terms

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Societe Tunisienne de Banque (XTUN:STB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Societe Tunisienne de Banque SA (XTUN:STB) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Rue Hedi Nouira, Tunis, TUN, 1001

Website

https://www.stb.com.tn

Societe Tunisienne de Banque SA is engaged in providing banking services. Its activities include accepting deposits, lending money, manage cash among others.