GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Swedbank AB (OTCPK:SWDBY) » Definitions » Debt-to-Equity

Swedbank AB (Swedbank AB) Debt-to-Equity : 5.14 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Swedbank AB Debt-to-Equity?

Swedbank AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Swedbank AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $94,871 Mil. Swedbank AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $18,452 Mil. Swedbank AB's debt to equity for the quarter that ended in Mar. 2024 was 5.14.

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 Swedbank AB's Debt-to-Equity or its related term are showing as below:

SWDBY' s Debt-to-Equity Range Over the Past 10 Years
Min: 4.39   Med: 6.7   Max: 8.52
Current: 5.14

During the past 13 years, the highest Debt-to-Equity Ratio of Swedbank AB was 8.52. The lowest was 4.39. And the median was 6.70.

SWDBY's Debt-to-Equity is ranked worse than
96.55% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs SWDBY: 5.14

Swedbank AB Debt-to-Equity Historical Data

The historical data trend for Swedbank AB'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.

Swedbank AB Debt-to-Equity Chart

Swedbank AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.51 4.97 5.00 5.01 4.39

Swedbank AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.59 5.23 5.12 4.39 5.14

Competitive Comparison of Swedbank AB's Debt-to-Equity

For the Banks - Regional subindustry, Swedbank AB'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.


Swedbank AB's Debt-to-Equity Distribution in the Banks Industry

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

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



Swedbank AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Swedbank AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Swedbank AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Swedbank AB  (OTCPK:SWDBY) 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.


Swedbank AB Debt-to-Equity Related Terms

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


Swedbank AB (Swedbank AB) Business Description

Address
Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63
Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

Swedbank AB (Swedbank AB) Headlines

From GuruFocus