Optima bank (ATH:OPTIMA) Debt-to-Equity : 0.08 (As of Jun. 2023)

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What is Optima bank Debt-to-Equity?

Optima bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.0 Mil. Optima bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €25.0 Mil. Optima bank's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €298.5 Mil. Optima bank's debt to equity for the quarter that ended in Jun. 2023 was 0.08.

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 Optima bank's Debt-to-Equity or its related term are showing as below:

ATH:OPTIMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.11 Max: 0.14
Current: 0.08

During the past 3 years, the highest Debt-to-Equity Ratio of Optima bank was 0.14. The lowest was 0.08. And the median was 0.11.

ATH:OPTIMA's Debt-to-Equity is ranked better than
92.69% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs ATH:OPTIMA: 0.08

Optima bank Debt-to-Equity Historical Data

The historical data trend for Optima 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.

* Premium members only.

Optima bank Debt-to-Equity Chart

Optima bank Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

0.14

0.13

0.10

Optima bank Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	0.14	0.13	N/A	0.10	0.08

Competitive Comparison of Optima bank's Debt-to-Equity

For the Banks - Regional subindustry, Optima 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.

Optima bank's Debt-to-Equity Distribution in the Banks Industry

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

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

Optima bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Optima bank'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	+	25.294)	/	252.935
	=	0.10

Optima bank's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	24.975)	/	298.452
	=	0.08

Optima bank (ATH:OPTIMA) 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.

Optima bank Debt-to-Equity Related Terms

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

Optima bank (ATH:OPTIMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Optima bank SA (ATH:OPTIMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

C59:Germany

Address

32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125

Website

https://www.optimabank.gr

Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services and Business Receivables Agency.

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