ANZ Group Holdings (ASX:ANZPD.PFD) Debt-to-Equity

: 2.16 (As of Sep. 2023)

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ANZ Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.00 Mil. ANZ Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$150,076.00 Mil. ANZ Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$69,524.00 Mil. ANZ Group Holdings's debt to equity for the quarter that ended in Sep. 2023 was 2.16.

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 ANZ Group Holdings's Debt-to-Equity or its related term are showing as below:

ASX:ANZPD.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.01 Med: 2.2 Max: 2.36
Current: 2.16

During the past 13 years, the highest Debt-to-Equity Ratio of ANZ Group Holdings was 2.36. The lowest was 2.01. And the median was 2.20.

ASX:ANZPD.PFD's Debt-to-Equity is ranked worse than
85.69% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs ASX:ANZPD.PFD: 2.16

ANZ Group Holdings Debt-to-Equity Historical Data

The historical data trend for ANZ Group Holdings'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.

ANZ Group Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

2.33

2.10

2.01

2.03

2.16

ANZ Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity																2.01	1.93	2.03	2.10	2.16

Competitive Comparison

For the Banks - Diversified subindustry, ANZ Group Holdings'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.

ANZ Group Holdings Debt-to-Equity Distribution

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

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

ANZ Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ANZ Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 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	+	150076)	/	69524
	=	2.16

ANZ Group Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	150076)	/	69524
	=	2.16

ANZ Group Holdings (ASX:ANZPD.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.

ANZ Group Holdings Debt-to-Equity Related Terms

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ANZ Group Holdings (ASX:ANZPD.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ANZ Group Holdings Ltd (ASX:ANZPD.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ANZGY:USA ANZGF:USA ANZ:New Zealand X5Z1:Germany AN3PH.PFD:Australia AN3PG.PFD:Australia ANZPF.PFD:Australia ANZPE.PFD:Australia ANZ:Australia

Address

833 Collins Street, Level 9, ANZ Centre, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.anz.com.au

ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.

ANZ Group Holdings (ASX:ANZPD.PFD) Headlines

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