ICICI Bank (ICICI Bank) Debt-to-Equity

: 0.82 (As of Dec. 2023)

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ICICI Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. ICICI Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24,139 Mil. ICICI Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $29,288 Mil. ICICI Bank's debt to equity for the quarter that ended in Dec. 2023 was 0.82.

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

IBN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 1.16 Max: 2.28
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of ICICI Bank was 2.28. The lowest was 0.59. And the median was 1.16.

IBN's Debt-to-Equity is ranked worse than
55.44% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs IBN: 0.82

ICICI Bank Debt-to-Equity Historical Data

The historical data trend for ICICI 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.

ICICI Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.77

1.62

0.89

0.87

0.86

ICICI Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.94	0.86	0.81	0.82	0.82

Competitive Comparison

For the Banks - Regional subindustry, ICICI 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.

ICICI Bank Debt-to-Equity Distribution

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

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

ICICI Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ICICI 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
	=	(1191.528	+	21115.175)	/	26073.528
	=	0.86

ICICI 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	+	24139.013)	/	29287.545
	=	0.82

ICICI Bank (NYSE:IBN) 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.

ICICI Bank Debt-to-Equity Related Terms

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ICICI Bank (ICICI Bank) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ICICIBANK:India 532174:India ICBA:Germany ICBA:Germany I1BN34:Brazil IBN:Argentina

Address

ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, MH, IND, 400 051

Website

https://www.icicibank.com

ICICI Bank Ltd provides banking services. The company's operating segments include Retail Banking; Wholesale Banking; Treasury, Life insurance, and Other Banking Businesses. The company generates maximum revenue from the Retail Banking segment which includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs.