Bank Leumi Le-Israel BM (Bank Leumi Le-Israel BM) Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is Bank Leumi Le-Israel BM Debt-to-Equity?

Bank Leumi Le-Israel BM's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Bank Leumi Le-Israel BM's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,816 Mil. Bank Leumi Le-Israel BM's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14,664 Mil. Bank Leumi Le-Israel BM's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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 Bank Leumi Le-Israel BM's Debt-to-Equity or its related term are showing as below:

BLMIF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.57 Max: 0.92
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of Bank Leumi Le-Israel BM was 0.92. The lowest was 0.39. And the median was 0.57.

BLMIF's Debt-to-Equity is ranked better than
53.84% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs BLMIF: 0.60

Bank Leumi Le-Israel BM Debt-to-Equity Historical Data

The historical data trend for Bank Leumi Le-Israel BM'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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Bank Leumi Le-Israel BM Debt-to-Equity Chart

Bank Leumi Le-Israel BM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.56

0.46

0.39

0.57

0.60

Bank Leumi Le-Israel BM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.57	0.57	0.61	0.53	0.60

Competitive Comparison of Bank Leumi Le-Israel BM's Debt-to-Equity

For the Banks - Regional subindustry, Bank Leumi Le-Israel BM'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.

Bank Leumi Le-Israel BM's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Leumi Le-Israel BM's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bank Leumi Le-Israel BM's Debt-to-Equity falls into.

Bank Leumi Le-Israel BM Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank Leumi Le-Israel BM'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	+	8816.236)	/	14664.218
	=	0.60

Bank Leumi Le-Israel BM's Debt to Equity Ratio for the quarter 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	+	8816.236)	/	14664.218
	=	0.60

Bank Leumi Le-Israel BM (OTCPK:BLMIF) 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.

Bank Leumi Le-Israel BM Debt-to-Equity Related Terms

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Bank Leumi Le-Israel BM (Bank Leumi Le-Israel BM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Leumi Le-Israel BM (OTCPK:BLMIF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LUMI:Israel

Address

24-34 Yehuda Halevi Street, Tel Aviv, ISR, 65546

Website

https://www.bankleumi.co.il

Bank Leumi Le-Israel BM is an Israeli banking and financial services company. The products and services offered by the company include consumer loans, mortgages, commercial banking services, and capital market services, among others. The company organizes itself into below operating segments: Banking; Mortgages; Commercial; Corporate banking; Real estate; Capital markets and Others. The company generates the majority of its revenue through the provision of banking and services to private customers and small businesses, and a vast majority of its revenue is earned in Israel.