Attijariwafa Bank (CAS:ATW) Debt-to-Equity : 0.62 (As of Sep. 2023)

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What is Attijariwafa Bank Debt-to-Equity?

Attijariwafa Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was MAD0 Mil. Attijariwafa Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was MAD34,913 Mil. Attijariwafa Bank's Total Stockholders Equity for the quarter that ended in Sep. 2023 was MAD56,191 Mil. Attijariwafa Bank's debt to equity for the quarter that ended in Sep. 2023 was 0.62.

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

CAS:ATW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 0.68 Max: 0.86
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Attijariwafa Bank was 0.86. The lowest was 0.61. And the median was 0.68.

CAS:ATW's Debt-to-Equity is ranked better than
52.29% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs CAS:ATW: 0.62

Attijariwafa Bank Debt-to-Equity Historical Data

The historical data trend for Attijariwafa 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.

Attijariwafa Bank Debt-to-Equity Chart

Attijariwafa Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.63

0.77

0.84

0.81

0.73

Attijariwafa 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															0.80	0.73	0.66	0.64	0.62

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

For the Banks - Regional subindustry, Attijariwafa 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.

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

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

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

Attijariwafa Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Attijariwafa 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	+	39689.007)	/	54498.7
	=	0.73

Attijariwafa 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	+	34912.936)	/	56190.857
	=	0.62

Attijariwafa Bank (CAS:ATW) 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.

Attijariwafa Bank Debt-to-Equity Related Terms

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Attijariwafa Bank (CAS:ATW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Attijariwafa Bank SA (CAS:ATW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Boulevard Moulay Youssef, PO Box No. 20000, Casablanca, MAR

Website

http://www.attijariwafabank.com

Attijariwafa Bank SA is a financial and banking group. It is engaged in the provision of banking and insurance products and services. The company's banking activities include personal and professional banking, corporate banking, investment banking and international banking.