Standard Chartered Bank Ghana (XGHA:SCB) Debt-to-Equity : 0.21 (As of Mar. 2024)

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What is Standard Chartered Bank Ghana Debt-to-Equity?

Standard Chartered Bank Ghana's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was GHS0 Mil. Standard Chartered Bank Ghana's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was GHS416 Mil. Standard Chartered Bank Ghana's Total Stockholders Equity for the quarter that ended in Mar. 2024 was GHS1,992 Mil. Standard Chartered Bank Ghana's debt to equity for the quarter that ended in Mar. 2024 was 0.21.

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

XGHA:SCB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.21 Max: 0.62
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Standard Chartered Bank Ghana was 0.62. The lowest was 0.05. And the median was 0.21.

XGHA:SCB's Debt-to-Equity is ranked better than
81.09% of 1391 companies
in the Banks industry
Industry Median: 0.66 vs XGHA:SCB: 0.21

Standard Chartered Bank Ghana Debt-to-Equity Historical Data

The historical data trend for Standard Chartered Bank Ghana'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.

Standard Chartered Bank Ghana Debt-to-Equity Chart

Standard Chartered Bank Ghana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.43

0.21

0.29

0.21

0.31

Standard Chartered Bank Ghana 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															0.20	0.34	0.23	0.31	0.21

Competitive Comparison of Standard Chartered Bank Ghana's Debt-to-Equity

For the Banks - Regional subindustry, Standard Chartered Bank Ghana'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.

Standard Chartered Bank Ghana's Debt-to-Equity Distribution in the Banks Industry

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

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

Standard Chartered Bank Ghana Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Standard Chartered Bank Ghana'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	+	598.936)	/	1931.553
	=	0.31

Standard Chartered Bank Ghana's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	416.074)	/	1991.824
	=	0.21

Standard Chartered Bank Ghana (XGHA:SCB) 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.

Standard Chartered Bank Ghana Debt-to-Equity Related Terms

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Standard Chartered Bank Ghana (XGHA:SCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered Bank Ghana PLC (XGHA:SCB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Independence Avenue, P.O. Box 768, Standard Chartered Bank Building, Accra, GHA

Website

https://www.sc.com

Standard Chartered Bank Ghana PLC is a banking corporation registered in Ghana. It provides various banking services including personal banking, private banking, and business banking. The company manages its business into four segments namely, Retail Banking, Commercial Banking, Corporate & Institutional Banking, and Private Banking. It generates maximum revenue from the Corporate & Institutional Banking segment. The company's services include savings, loans, mortgages, credit cards, insurance, and investment opportunities for individual customers. It focuses on offering financial solutions to small-medium enterprises, corporates, and financial institutions.

Standard Chartered Bank Ghana (XGHA:SCB) Headlines

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