Alinma Bank (SAU:1150) Debt-to-Equity : 2.37 (As of Mar. 2024)

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What is Alinma Bank Debt-to-Equity?

Alinma Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼0 Mil. Alinma Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼93,216 Mil. Alinma Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼39,348 Mil. Alinma Bank's debt to equity for the quarter that ended in Mar. 2024 was 2.37.

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

SAU:1150' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.14 Med: 1.86 Max: 2.85
Current: 2.37

During the past 13 years, the highest Debt-to-Equity Ratio of Alinma Bank was 2.85. The lowest was 1.14. And the median was 1.86.

SAU:1150's Debt-to-Equity is ranked worse than
88% of 1392 companies
in the Banks industry
Industry Median: 0.65 vs SAU:1150: 2.37

Alinma Bank Debt-to-Equity Historical Data

The historical data trend for Alinma 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.

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Alinma Bank Debt-to-Equity Chart

Alinma Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.00

2.07

1.36

1.98

2.85

Alinma Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															2.27	2.75	2.70	2.85	2.37

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

For the Banks - Regional subindustry, Alinma 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.

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

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

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

Alinma Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alinma 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	+	97714.459)	/	34333.601
	=	2.85

Alinma 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	+	93216.293)	/	39348.064
	=	2.37

Alinma Bank (SAU:1150) 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.

Alinma Bank Debt-to-Equity Related Terms

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Alinma Bank (SAU:1150) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alinma Bank (SAU:1150) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, Al Anoud Tower, P.O. Box 66674, Riyadh, SAU, 11586

Website

https://www.alinma.com

Alinma Bank provides banking and investment services. The company's operating segments include Retail Banking, Corporate Banking, Treasury and Investment and brokerage. The corporate banking segment provides financing, deposit, and other products and services for corporate, SME and institutional customers. The Retail Banking segment provides services to individuals. Investment and brokerage provide Asset Management, custodianship, advisory, underwriting and brokerage services. It generates maximum revenue from the Corporate Banking segment. Geographically, it has a presence in the Kingdom of Saudi Arabia, Europe, Other GCC and Middle East countries and Other countries.

Alinma Bank (SAU:1150) Headlines

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