Hang Seng Bank (FRA:HSB) Debt-to-Equity : 0.28 (As of Dec. 2023)

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What is Hang Seng Bank Debt-to-Equity?

Hang Seng Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Hang Seng Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5,462 Mil. Hang Seng Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €19,741 Mil. Hang Seng Bank's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

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

FRA:HSB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.12 Max: 0.28
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Hang Seng Bank was 0.28. The lowest was 0.02. And the median was 0.12.

FRA:HSB's Debt-to-Equity is ranked better than
75.22% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs FRA:HSB: 0.28

Hang Seng Bank Debt-to-Equity Historical Data

The historical data trend for Hang Seng 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.

Hang Seng Bank Debt-to-Equity Chart

Hang Seng Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.15

0.24

0.28

Hang Seng Bank Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.16	0.24	0.27	0.28

Competitive Comparison of Hang Seng Bank's Debt-to-Equity

For the Banks - Regional subindustry, Hang Seng 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.

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

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

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

Hang Seng Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hang Seng 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	+	5461.867)	/	19741.367
	=	0.28

Hang Seng Bank's Debt to Equity Ratio for the quarter 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	+	5461.867)	/	19741.367
	=	0.28

Hang Seng Bank (FRA:HSB) 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.

Hang Seng Bank Debt-to-Equity Related Terms

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

Hang Seng Bank (FRA:HSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hang Seng Bank Ltd (FRA:HSB) » Definitions » Debt-to-Equity

Traded in Other Exchanges

HSNGY:USA HSNGF:USA 00011:Hong Kong

Address

83 Des Voeux Road Central, Hong kong, HKG

Website

https://www.hangseng.com

Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments, retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.

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