Boubyan Bank KSC (KUW:BOUBYAN) Debt-to-Equity : 0.50 (As of Mar. 2024)

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What is Boubyan Bank KSC Debt-to-Equity?

Boubyan Bank KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.0 Mil. Boubyan Bank KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD499.3 Mil. Boubyan Bank KSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD998.2 Mil. Boubyan Bank KSC's debt to equity for the quarter that ended in Mar. 2024 was 0.50.

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

KUW:BOUBYAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.58 Max: 0.9
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Boubyan Bank KSC was 0.90. The lowest was 0.37. And the median was 0.58.

KUW:BOUBYAN's Debt-to-Equity is ranked better than
59.87% of 1393 companies
in the Banks industry
Industry Median: 0.66 vs KUW:BOUBYAN: 0.50

Boubyan Bank KSC Debt-to-Equity Historical Data

The historical data trend for Boubyan Bank KSC'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.

Boubyan Bank KSC Debt-to-Equity Chart

Boubyan Bank KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

0.68

0.67

0.59

Boubyan Bank KSC 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															0.60	0.58	0.60	0.59	0.50

Competitive Comparison of Boubyan Bank KSC's Debt-to-Equity

For the Banks - Regional subindustry, Boubyan Bank KSC'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.

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

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

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

Boubyan Bank KSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boubyan Bank KSC'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	+	591.68)	/	1005.037
	=	0.59

Boubyan Bank KSC'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	+	499.257)	/	998.193
	=	0.50

Boubyan Bank KSC (KUW:BOUBYAN) 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.

Boubyan Bank KSC Debt-to-Equity Related Terms

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Boubyan Bank KSC (KUW:BOUBYAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Boubyan Bank KSC (KUW:BOUBYAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Qibla - Abo Bakr Al-Seddiq, P.O. Box 25507, Al-Hamad Towers, 3rd Building, Beside Al-Khrafi Tower, Safat, KWT, 13116

Website

http://www.bankboubyan.com

Boubyan Bank KSC is a Kuwait based Islamic banking corporation. The company's operating segment includes Consumer banking; Corporate banking; Investment banking; Treasury and Group centre. It generates maximum revenue from the Consumer banking segment. The Consumer Banking segment provides a diversified range of products and services to individuals and institutional customers. It includes consumer finance, credit cards, deposits, and other branch related services. Geographically, it derives a majority of revenue from the Middle East and North Africa and also has a presence in North America; Europe, and Aisa.

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