OTP Bank (OTP Bank) Debt-to-Equity : 0.67 (As of Dec. 2023)

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What is OTP Bank Debt-to-Equity?

OTP Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. OTP Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,604 Mil. OTP Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11,291 Mil. OTP Bank's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

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

OTPGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.31 Max: 0.67
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of OTP Bank was 0.67. The lowest was 0.16. And the median was 0.31.

OTPGF's Debt-to-Equity is ranked better than
50.5% of 1394 companies
in the Banks industry
Industry Median: 0.68 vs OTPGF: 0.67

OTP Bank Debt-to-Equity Historical Data

The historical data trend for OTP 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.

OTP Bank Debt-to-Equity Chart

OTP Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

0.32

0.26

0.38

0.67

OTP Bank 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															0.38	0.51	0.65	0.69	0.67

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

For the Banks - Regional subindustry, OTP 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.

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

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

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

OTP Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OTP 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	+	7604.359)	/	11290.513
	=	0.67

OTP Bank'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	+	7604.359)	/	11290.513
	=	0.67

OTP Bank (OTCPK:OTPGF) 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.

OTP Bank Debt-to-Equity Related Terms

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

OTP Bank (OTP Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OTP Bank PLC (OTCPK:OTPGF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OTPBF:USA OTP:Hungary 0M69:UK OTP:Germany

Address

16, Nador Street, Budapest, HUN, 1051

Website

https://www.otpbank.hu

OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Merkantil Group, Asset Management subsidiaries, other subsidiaries, Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets; It also offers mortgage loans, consumer credits, working capital & investment loans to companies, and municipalities. A majority of the bank's net revenue is net interest income.