HDFC Bank (HDFC Bank) Debt-to-Equity

: 1.83 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

HDFC Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. HDFC Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $96,051 Mil. HDFC Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $52,529 Mil. HDFC Bank's debt to equity for the quarter that ended in Dec. 2023 was 1.83.

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

HDB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.91 Max: 1.83
Current: 1.83

During the past 13 years, the highest Debt-to-Equity Ratio of HDFC Bank was 1.83. The lowest was 0.64. And the median was 0.91.

HDB's Debt-to-Equity is ranked worse than
81.47% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs HDB: 1.83

HDFC Bank Debt-to-Equity Historical Data

The historical data trend for HDFC 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.

HDFC Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.04

0.78

0.69

0.87

1.11

HDFC Bank Quarterly Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Dec22	Mar23	Dec23
Debt-to-Equity																0.87	0.92	N/A	1.11	1.83

Competitive Comparison

For the Banks - Regional subindustry, HDFC 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.

HDFC Bank Debt-to-Equity Distribution

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

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

HDFC Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HDFC Bank's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(13248.376	+	26160.044)	/	35399.594
	=	1.11

HDFC 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	+	96050.622)	/	52528.703
	=	1.83

HDFC Bank (NYSE:HDB) 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.

HDFC Bank Debt-to-Equity Related Terms

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

HDFC Bank (HDFC Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HDFC Bank Ltd (NYSE:HDB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HDB:Mexico HDFCBANK:India 500180:India HDFA:Germany HDFA:Germany H1DB34:Brazil HDB:Argentina

Address

Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.hdfcbank.com

HDFC Bank Ltd is a large, publicly traded Indian bank. There are three units: retail banking, wholesale banking, and treasury. Retail banking services are offered through numerous branches and ATMs. Wholesale focuses on Indian corporations, and the treasury unit offers risk-management services, such as foreign exchange trading.