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Bank Of Africa-Benin (XBRV:BOAB) Debt-to-Equity : 0.00 (As of Dec. 2022)


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What is Bank Of Africa-Benin Debt-to-Equity?

Bank Of Africa-Benin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was XOF0 Mil. Bank Of Africa-Benin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was XOF0 Mil. Bank Of Africa-Benin's Total Stockholders Equity for the quarter that ended in Dec. 2022 was XOF104,674 Mil. Bank Of Africa-Benin's debt to equity for the quarter that ended in Dec. 2022 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Bank Of Africa-Benin was 0.17. The lowest was 0.01. And the median was 0.10.

XBRV:BOAB's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.65
* Ranked among companies with meaningful Debt-to-Equity only.

Bank Of Africa-Benin Debt-to-Equity Historical Data

The historical data trend for Bank Of Africa-Benin'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.

Bank Of Africa-Benin Debt-to-Equity Chart

Bank Of Africa-Benin Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 - - -

Bank Of Africa-Benin Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 - - -

Competitive Comparison of Bank Of Africa-Benin's Debt-to-Equity

For the Banks - Regional subindustry, Bank Of Africa-Benin'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.


Bank Of Africa-Benin's Debt-to-Equity Distribution in the Banks Industry

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

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



Bank Of Africa-Benin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank Of Africa-Benin's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Bank Of Africa-Benin's Debt to Equity Ratio for the quarter that ended in Dec. 2022 is calculated as

* 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.


Bank Of Africa-Benin  (XBRV:BOAB) 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.


Bank Of Africa-Benin Debt-to-Equity Related Terms

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


Bank Of Africa-Benin (XBRV:BOAB) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Jean-Paul II - 08, Cotonou, BEN, BP 0879
Bank Of Africa-Benin SA is a Benin-based commercial bank. The bank offers products and services including savings deposits, loans, term deposits, and insurance services.

Bank Of Africa-Benin (XBRV:BOAB) Headlines

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