United Arab Bank PJSC (ADX:UAB) Debt-to-Equity : 0.31 (As of Mar. 2024)

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What is United Arab Bank PJSC Debt-to-Equity?

United Arab Bank PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ0.0 Mil. United Arab Bank PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ743.0 Mil. United Arab Bank PJSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was د.إ2,362.9 Mil. United Arab Bank PJSC's debt to equity for the quarter that ended in Mar. 2024 was 0.31.

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

ADX:UAB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.69 Max: 0.91
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of United Arab Bank PJSC was 0.91. The lowest was 0.00. And the median was 0.69.

ADX:UAB's Debt-to-Equity is ranked better than
71.24% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs ADX:UAB: 0.31

United Arab Bank PJSC Debt-to-Equity Historical Data

The historical data trend for United Arab Bank PJSC'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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United Arab Bank PJSC Debt-to-Equity Chart

United Arab Bank PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.70

0.01

0.32

United Arab Bank PJSC 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															-	-	-	0.32	0.31

Competitive Comparison of United Arab Bank PJSC's Debt-to-Equity

For the Banks - Regional subindustry, United Arab Bank PJSC'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.

United Arab Bank PJSC's Debt-to-Equity Distribution in the Banks Industry

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

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

United Arab Bank PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

United Arab Bank PJSC'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	+	742.88)	/	2289.745
	=	0.32

United Arab Bank PJSC'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	+	742.986)	/	2362.894
	=	0.31

United Arab Bank PJSC (ADX:UAB) 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.

United Arab Bank PJSC Debt-to-Equity Related Terms

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United Arab Bank PJSC (ADX:UAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Arab Bank PJSC (ADX:UAB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emirate of Sharjah, P.O. Box 25022, Sharjah, ARE

Website

https://www.uab.ae

United Arab Bank PJSC provides financial services. It is organized into two segments: Wholesale Banking and Retail Banking. Wholesale banking handles loans and other credit facilities and deposits and current accounts for corporate and institutional customers. It also includes Financial Markets which are involved in providing money market, trading, and treasury services, as well as the management of the Bank's funding operations. Retail banking handles individual customers' deposits and provides consumer-type loans, overdrafts, credit card facilities, and funds transfer facilities as well as Islamic banking services. Geographically, the bank operates within Middle East.

United Arab Bank PJSC (ADX:UAB) Headlines

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