LivingTrust Mortgage Bank (NSA:LIVINGTRUST) Debt-to-Equity : 0.79 (As of Mar. 2024)

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What is LivingTrust Mortgage Bank Debt-to-Equity?

LivingTrust Mortgage Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₦0 Mil. LivingTrust Mortgage Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₦3,379 Mil. LivingTrust Mortgage Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₦4,254 Mil. LivingTrust Mortgage Bank's debt to equity for the quarter that ended in Mar. 2024 was 0.79.

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

NSA:LIVINGTRUST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.73 Max: 0.93
Current: 0.79

During the past 7 years, the highest Debt-to-Equity Ratio of LivingTrust Mortgage Bank was 0.93. The lowest was 0.05. And the median was 0.73.

NSA:LIVINGTRUST's Debt-to-Equity is ranked worse than
55.66% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs NSA:LIVINGTRUST: 0.79

LivingTrust Mortgage Bank Debt-to-Equity Historical Data

The historical data trend for LivingTrust Mortgage Bank'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.

LivingTrust Mortgage Bank Debt-to-Equity Chart

LivingTrust Mortgage Bank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.21

0.23

0.69

0.76

0.73

LivingTrust Mortgage Bank Quarterly Data
	Dec17	Dec18	Dec19	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														0.76	0.73	0.90	0.73	0.79

Competitive Comparison of LivingTrust Mortgage Bank's Debt-to-Equity

For the Mortgage Finance subindustry, LivingTrust Mortgage Bank'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.

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

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

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

LivingTrust Mortgage Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LivingTrust Mortgage Bank'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	+	3085.875)	/	4254.499
	=	0.73

LivingTrust Mortgage Bank'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	+	3379.259)	/	4254.499
	=	0.79

LivingTrust Mortgage Bank (NSA:LIVINGTRUST) 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.

LivingTrust Mortgage Bank Debt-to-Equity Related Terms

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

LivingTrust Mortgage Bank (NSA:LIVINGTRUST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LivingTrust Mortgage Bank PLC (NSA:LIVINGTRUST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gbongan Road, Km 2, Osun State, Osogbo, NGA, 4488

Website

https://www.livingtrustng.com

LivingTrust Mortgage Bank PLC is a primary mortgage institution that is regulated by the Other Financial Institutions Department of the Central Bank of Nigeria. The company provides Mortgage Financing, Real Estate Construction Financing and General Financial Services. The Bank's operations are in Osun State only and operates in just one geographical segment. The Bank is also engaged in one line of business which is Mortgage Banking, all its results are mortgage related.

LivingTrust Mortgage Bank (NSA:LIVINGTRUST) Headlines

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