Warba Bank (K.S.C.) (KUW:WARBABANK) Debt-to-Equity : 0.77 (As of Mar. 2024)

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What is Warba Bank (K.S.C.) Debt-to-Equity?

Warba Bank (K.S.C.)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.00 Mil. Warba Bank (K.S.C.)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD305.38 Mil. Warba Bank (K.S.C.)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD394.61 Mil. Warba Bank (K.S.C.)'s debt to equity for the quarter that ended in Mar. 2024 was 0.77.

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 Warba Bank (K.S.C.)'s Debt-to-Equity or its related term are showing as below:

KUW:WARBABANK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 0.81 Max: 1.18
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Warba Bank (K.S.C.) was 1.18. The lowest was 0.52. And the median was 0.81.

KUW:WARBABANK's Debt-to-Equity is ranked worse than
54.97% of 1397 companies
in the Banks industry
Industry Median: 0.65 vs KUW:WARBABANK: 0.77

Warba Bank (K.S.C.) Debt-to-Equity Historical Data

The historical data trend for Warba Bank (K.S.C.)'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.

Warba Bank (K.S.C.) Debt-to-Equity Chart

Warba Bank (K.S.C.) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

1.08

0.73

0.81

0.78

Warba Bank (K.S.C.) 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															0.81	0.80	0.80	0.78	0.77

Competitive Comparison of Warba Bank (K.S.C.)'s Debt-to-Equity

For the Banks - Regional subindustry, Warba Bank (K.S.C.)'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.

Warba Bank (K.S.C.)'s Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Warba Bank (K.S.C.)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Warba Bank (K.S.C.)'s Debt-to-Equity falls into.

Warba Bank (K.S.C.) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Warba Bank (K.S.C.)'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	+	304.331)	/	391.196
	=	0.78

Warba Bank (K.S.C.)'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	+	305.382)	/	394.608
	=	0.77

Warba Bank (K.S.C.) (KUW:WARBABANK) 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.

Warba Bank (K.S.C.) Debt-to-Equity Related Terms

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Warba Bank (K.S.C.) (KUW:WARBABANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Warba Bank (K.S.C.) (KUW:WARBABANK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Omar Ibn Al-Khattab Street, Mezzanine Floor 1, Al-Raya Tower, Kuwait City, KWT, 13013

Website

https://www.warbabank.com

Warba Bank (K.S.C.) is a Kuwait-based banking corporation involved in corporate, retail, and investment banking activities in accordance with the principles of Islamic Sharia. It has five operating segments; Corporate offers a range of banking services and investment products to corporate customers, in addition to providing commodity and real estate Murabaha finance and Ijara facilities. Retail offers diversified products and services to individual customers, Treasury includes Bank's funding operations management, local and international Murabaha, and other Islamic financings with banks and financial institutions, Investment includes investment in direct equity, real estate investment, other investments, and asset management, and Other includes cost center assets and expenses.

Warba Bank (K.S.C.) (KUW:WARBABANK) Headlines

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