AMP (ASX:AMPPA.PFD) Debt-to-Equity

: 7.47 (As of Dec. 2023)

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

AMP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. AMP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$28,918.00 Mil. AMP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$3,874.00 Mil. AMP's debt to equity for the quarter that ended in Dec. 2023 was 7.46.

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

ASX:AMPPA.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.06 Med: 2.04 Max: 7.57
Current: 7.47

During the past 13 years, the highest Debt-to-Equity Ratio of AMP was 7.57. The lowest was 1.06. And the median was 2.04.

ASX:AMPPA.PFD's Debt-to-Equity is ranked worse than
98.06% of 310 companies
in the Diversified Financial Services industry
Industry Median: 0.115 vs ASX:AMPPA.PFD: 7.47

AMP Debt-to-Equity Historical Data

The historical data trend for AMP'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.

AMP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.23

5.88

7.57

7.08

7.47

AMP 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																7.57	6.18	7.08	7.41	7.47

Competitive Comparison

For the Financial Conglomerates subindustry, AMP'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.

AMP Debt-to-Equity Distribution

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

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

AMP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AMP'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	+	28918)	/	3874
	=	7.46

AMP'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	+	28918)	/	3874
	=	7.46

AMP (ASX:AMPPA.PFD) 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.

AMP Debt-to-Equity Related Terms

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

AMP (ASX:AMPPA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (ASX:AMPPA.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AMLTF:USA AMP:Germany AMP:Australia

Address

50 Bridge Street, AMP Building, Sydney, NSW, AUS, 2000

Website

https://www.amp.com.au

At its roots, AMP is a wealth manager, providing financial advice via Australia's second-largest network of aligned financial advisors. It has a vertically integrated business model: AMP advisors can invest client funds into superfunds and non-super investments manufactured by AMP through the firm's own platforms, though advisors are free to recommend non-AMP products and third party platforms to their clients. The firm also has a small wealth presence in New Zealand with about 72 advisors. In addition, AMP also has a retail banking business focused on deposit taking and residential mortgages.

AMP (ASX:AMPPA.PFD) Headlines

No Headlines