Bank NizwaOG (MUS:BKNZ) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Bank NizwaOG Debt-to-Equity?

Bank NizwaOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع0.00 Mil. Bank NizwaOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع1.34 Mil. Bank NizwaOG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ر.ع253.04 Mil. Bank NizwaOG's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

MUS:BKNZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 11 years, the highest Debt-to-Equity Ratio of Bank NizwaOG was 0.01. The lowest was 0.01. And the median was 0.01.

MUS:BKNZ's Debt-to-Equity is ranked better than
99.93% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs MUS:BKNZ: 0.01

Bank NizwaOG Debt-to-Equity Historical Data

The historical data trend for Bank NizwaOG'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.

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Bank NizwaOG Debt-to-Equity Chart

Bank NizwaOG Annual Data

Trend

Dec14

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Dec20

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Dec22

Dec23

Debt-to-Equity

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0.01

Bank NizwaOG 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															0.01	-	-	-	0.01

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

For the Banks - Regional subindustry, Bank NizwaOG'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.

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

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

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

Bank NizwaOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank NizwaOG'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	+	1.342)	/	253.044
	=	0.01

Bank NizwaOG'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	+	1.342)	/	253.044
	=	0.01

Bank NizwaOG (MUS:BKNZ) 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.

Bank NizwaOG Debt-to-Equity Related Terms

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Bank NizwaOG (MUS:BKNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Nizwa SAOG (MUS:BKNZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beach One Building, Shatti A Qurum, P.O. Box 1423, Al khuwair, Muscat, OMN, 133

Website

https://www.banknizwa.om

Bank Nizwa SAOG is engaged in opening current, saving and investment accounts, providing Murabaha finance, Ijara financing, and other Sharia compliant forms of financing as well as managing investors' money based on Mudaraba in exchange for a profit share or agency in exchange for a fee, and excess profit as incentive providing commercial banking services and other investment activities. The Bank is organized into three operating segments based on business units: Retail banking; Corporate banking; Treasury and investment banking and others. It derives most of its revenues from the Corporate Banking segment.

Bank NizwaOG (MUS:BKNZ) Headlines

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