Saudi National Bank (SAU:1180) Debt-to-Equity : 0.10 (As of Mar. 2024)

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What is Saudi National Bank Debt-to-Equity?

Saudi National Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼0 Mil. Saudi National Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼17,842 Mil. Saudi National Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼179,987 Mil. Saudi National Bank's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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

SAU:1180' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.21
Current: 0.1

During the past 11 years, the highest Debt-to-Equity Ratio of Saudi National Bank was 0.21. The lowest was 0.01. And the median was 0.09.

SAU:1180's Debt-to-Equity is ranked better than
90.37% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs SAU:1180: 0.10

Saudi National Bank Debt-to-Equity Historical Data

The historical data trend for Saudi National 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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Saudi National Bank Debt-to-Equity Chart

Saudi National Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.05

0.09

Saudi National 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															0.08	0.08	0.08	0.09	0.10

Competitive Comparison of Saudi National Bank's Debt-to-Equity

For the Banks - Regional subindustry, Saudi National 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.

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

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

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

Saudi National Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saudi National 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	+	15091.007)	/	175904.873
	=	0.09

Saudi National 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	+	17841.973)	/	179986.645
	=	0.10

Saudi National Bank (SAU:1180) 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.

Saudi National Bank Debt-to-Equity Related Terms

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Saudi National Bank (SAU:1180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Saudi National Bank (SAU:1180) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Road, The Saudi National Bank Tower, King Abdullah Financial District, 3208 - Al Aqeeq District Unit No. 778, Riyadh, SAU, 13519 - 6676

Website

https://www.alahli.com

Saudi National Bank is the largest financial institution in Saudi Arabia. It is engaged in the treasury and capital markets, asset management, brokerage, and investment banks. It has a presence in the Middle East, South Asia, and Turkey. Its operating segments include Retail Banking; Wholesale Banking; Capital Market; and International Banking. The majority of its revenue gets derived from the Retail segment.

Saudi National Bank (SAU:1180) Headlines

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