FIMBank (MAL:FIM) Debt-to-Equity : 2.09 (As of Dec. 2023)

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What is FIMBank Debt-to-Equity?

FIMBank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. FIMBank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $373.22 Mil. FIMBank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $178.78 Mil. FIMBank's debt to equity for the quarter that ended in Dec. 2023 was 2.09.

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

MAL:FIM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 1.6 Max: 2.74
Current: 2.09

During the past 13 years, the highest Debt-to-Equity Ratio of FIMBank was 2.74. The lowest was 0.07. And the median was 1.60.

MAL:FIM's Debt-to-Equity is ranked worse than
64.5% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs MAL:FIM: 2.09

FIMBank Debt-to-Equity Historical Data

The historical data trend for FIMBank'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.

FIMBank Debt-to-Equity Chart

FIMBank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.38

1.69

0.20

2.40

2.09

FIMBank Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.09	2.40	0.03	2.09

Competitive Comparison of FIMBank's Debt-to-Equity

For the Credit Services subindustry, FIMBank'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.

FIMBank's Debt-to-Equity Distribution in the Credit Services Industry

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

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

FIMBank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FIMBank'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	+	373.221)	/	178.778
	=	2.09

FIMBank'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	+	373.221)	/	178.778
	=	2.09

FIMBank (MAL:FIM) 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.

FIMBank Debt-to-Equity Related Terms

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

FIMBank (MAL:FIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FIMBank PLC (MAL:FIM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mercury Tower, Elia Zammit Street, The Exchange Financial and Business Centre, Saint Julian's, MLT, STJ 3155

Website

https://www.fimbank.com

FIMBank PLC is a finance company that is active in providing international trade finance and to act as an intermediary to other financial institutions for international settlements, real estate financing, factoring and loan syndications. . The company provides solutions through its five business segments of Trade Finance, Forfaiting, Factoring, Treasury, and Real Estate; out of which key revenues are derived from the Forfaiting segments. The company has a business presence in Malta, India, and other countries.

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