GCB Bank (XGHA:GCB) Debt-to-Equity : 0.45 (As of Sep. 2023)

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What is GCB Bank Debt-to-Equity?

GCB Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was GHS0 Mil. GCB Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was GHS1,138 Mil. GCB Bank's Total Stockholders Equity for the quarter that ended in Sep. 2023 was GHS2,536 Mil. GCB Bank's debt to equity for the quarter that ended in Sep. 2023 was 0.45.

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

XGHA:GCB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.23 Max: 0.98
Current: 0.45

During the past 11 years, the highest Debt-to-Equity Ratio of GCB Bank was 0.98. The lowest was 0.01. And the median was 0.23.

XGHA:GCB's Debt-to-Equity is ranked better than
62.55% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs XGHA:GCB: 0.45

GCB Bank Debt-to-Equity Historical Data

The historical data trend for GCB 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.

GCB Bank Debt-to-Equity Chart

GCB Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.08

0.15

0.17

0.14

0.40

GCB Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.40	0.41	0.48	0.45

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

For the Banks - Regional subindustry, GCB 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.

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

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

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

GCB Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GCB Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	803.784)	/	1998.872
	=	0.40

GCB Bank's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	1138.03)	/	2535.777
	=	0.45

GCB Bank (XGHA:GCB) 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.

GCB Bank Debt-to-Equity Related Terms

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

GCB Bank (XGHA:GCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » GCB Bank Ltd (XGHA:GCB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Thorpe Road, J.E.A. Mills High Street, P.O. Box 134, GCB Bank Building, Accra, GHA

Website

https://www.gcbbank.com.gh

GCB Bank Ltd operates as a commercial bank in Ghana. The group's operating segments are Retail banking; Corporate banking; Treasury; and Commercial banking. It derives key revenue from the Consumer segment. The bank offers various products and services including international money transfer, overdraft facilities, bulk cash collection, trade finance, payroll solutions, business advice, internet banking, and others. Geographically, it derives a majority of revenue from Ghana.

GCB Bank (XGHA:GCB) Headlines

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