DFCC Bank (COL:DFCC.N0000) Debt-to-Equity : 1.96 (As of Dec. 2023)

View and export this data going back to 1956. Start your Free Trial

What is DFCC Bank Debt-to-Equity?

DFCC Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු0 Mil. DFCC Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු141,158 Mil. DFCC Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was රු71,984 Mil. DFCC Bank's debt to equity for the quarter that ended in Dec. 2023 was 1.96.

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

COL:DFCC.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02 Med: 1.64 Max: 2.38
Current: 1.96

During the past 13 years, the highest Debt-to-Equity Ratio of DFCC Bank was 2.38. The lowest was 1.02. And the median was 1.64.

COL:DFCC.N0000's Debt-to-Equity is ranked worse than
83.12% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs COL:DFCC.N0000: 1.96

DFCC Bank Debt-to-Equity Historical Data

The historical data trend for DFCC 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.

DFCC Bank Debt-to-Equity Chart

DFCC Bank Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.82

1.61

1.89

2.38

1.96

DFCC Bank 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															2.38	1.74	1.61	1.49	1.96

Competitive Comparison of DFCC Bank's Debt-to-Equity

For the Banks - Regional subindustry, DFCC 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.

DFCC Bank's Debt-to-Equity Distribution in the Banks Industry

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

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

DFCC Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DFCC Bank'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	+	141157.898)	/	71983.613
	=	1.96

DFCC Bank'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	+	141157.898)	/	71983.613
	=	1.96

DFCC Bank (COL:DFCC.N0000) 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.

DFCC Bank Debt-to-Equity Related Terms

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

DFCC Bank (COL:DFCC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DFCC Bank PLC (COL:DFCC.N0000) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

73/5, Galle Road, Colombo, LKA, 03

Website

https://www.dfcc.lk

DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

No Headlines