National Bank of Greece (ATH:ETE) Debt-to-Equity : 0.40 (As of Mar. 2024)

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What is National Bank of Greece Debt-to-Equity?

National Bank of Greece's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. National Bank of Greece's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,199 Mil. National Bank of Greece's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €7,960 Mil. National Bank of Greece's debt to equity for the quarter that ended in Mar. 2024 was 0.40.

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 National Bank of Greece's Debt-to-Equity or its related term are showing as below:

ATH:ETE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.25 Max: 0.9
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of National Bank of Greece was 0.90. The lowest was 0.07. And the median was 0.25.

ATH:ETE's Debt-to-Equity is ranked better than
67.17% of 1392 companies
in the Banks industry
Industry Median: 0.665 vs ATH:ETE: 0.40

National Bank of Greece Debt-to-Equity Historical Data

The historical data trend for National Bank of Greece'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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National Bank of Greece Debt-to-Equity Chart

National Bank of Greece Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.51

0.44

0.39

0.46

0.40

National Bank of Greece 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															0.28	0.27	0.33	0.40	0.40

Competitive Comparison of National Bank of Greece's Debt-to-Equity

For the Banks - Regional subindustry, National Bank of Greece'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.

National Bank of Greece's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where National Bank of Greece's Debt-to-Equity falls into.

National Bank of Greece Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

National Bank of Greece'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	+	3069)	/	7626
	=	0.40

National Bank of Greece'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	+	3199)	/	7960
	=	0.40

National Bank of Greece (ATH:ETE) 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.

National Bank of Greece Debt-to-Equity Related Terms

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National Bank of Greece (ATH:ETE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Greece SA (ATH:ETE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NBGRY:USA NBGIF:USA 0RCR:UK NAGF:Germany

Address

86 Eolou Street, Athens, GRC, 10559

Website

https://www.nbg.gr

National Bank of Greece SA consists of a group of several subsidiaries of diverse financial services organized around a principal bank. The group's primary activities include retail and commercial banking, global investment management, investment banking, insurance, investment activities and securities trading. Its segments include Retail Banking, Corporate and Investment Banking, Special Assets Unit, Global Markets and Asset Management ,Insurance and International Banking Operations.

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