Pan Asia Banking (COL:PABC.N0000) Debt-to-Equity : 0.49 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Pan Asia Banking Debt-to-Equity?

Pan Asia Banking's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු0 Mil. Pan Asia Banking's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු11,139 Mil. Pan Asia Banking's Total Stockholders Equity for the quarter that ended in Mar. 2024 was රු22,850 Mil. Pan Asia Banking's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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 Pan Asia Banking's Debt-to-Equity or its related term are showing as below:

COL:PABC.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 1.16 Max: 2.81
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Pan Asia Banking was 2.81. The lowest was 0.49. And the median was 1.16.

COL:PABC.N0000's Debt-to-Equity is ranked better than
60.55% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs COL:PABC.N0000: 0.49

Pan Asia Banking Debt-to-Equity Historical Data

The historical data trend for Pan Asia Banking'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.

Pan Asia Banking Debt-to-Equity Chart

Pan Asia Banking Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.81

0.99

1.03

0.93

0.75

Pan Asia Banking 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															0.75	0.64	0.65	0.75	0.49

Competitive Comparison of Pan Asia Banking's Debt-to-Equity

For the Banks - Regional subindustry, Pan Asia Banking'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.

Pan Asia Banking's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Pan Asia Banking's Debt-to-Equity falls into.

Pan Asia Banking Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pan Asia Banking'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	+	16984.257)	/	22597.651
	=	0.75

Pan Asia Banking'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	+	11139.275)	/	22849.806
	=	0.49

Pan Asia Banking (COL:PABC.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.

Pan Asia Banking Debt-to-Equity Related Terms

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

Pan Asia Banking (COL:PABC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pan Asia Banking Corp PLC (COL:PABC.N0000) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 450, Galle Road, Colombo, LKA, 03

Website

https://www.pabcbank.com

Pan Asia Banking Corp PLC operates as a bank which is engaged in providing banking products and services. It provides services including corporate banking, retail banking, and treasury functions. The business segments of the company are Corporate Banking which includes loans, overdrafts, other credit facilities, deposits, current accounts and other services offered to corporate customers; Retail and SME Banking, which includes loans, overdrafts, credit card facilities, deposits, current accounts and other services offered to retail customers; and Treasury and investment function includes trading function, financing and other central functions, use of derivative for risk management purpose, investment products, and services to institutional investors and intermediaries.

Pan Asia Banking (COL:PABC.N0000) Headlines

No Headlines