Bendigo and Adelaide Bank (ASX:BENPD.PFD) Debt-to-Equity

: 1.80 (As of Dec. 2023)

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Bendigo and Adelaide Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Bendigo and Adelaide Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$12,644.90 Mil. Bendigo and Adelaide Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$7,009.00 Mil. Bendigo and Adelaide Bank's debt to equity for the quarter that ended in Dec. 2023 was 1.80.

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

ASX:BENPD.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77 Med: 1.07 Max: 2.02
Current: 1.8

During the past 13 years, the highest Debt-to-Equity Ratio of Bendigo and Adelaide Bank was 2.02. The lowest was 0.77. And the median was 1.07.

ASX:BENPD.PFD's Debt-to-Equity is ranked worse than
81.26% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs ASX:BENPD.PFD: 1.80

Bendigo and Adelaide Bank Debt-to-Equity Historical Data

The historical data trend for Bendigo and Adelaide 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.

Bendigo and Adelaide Bank Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.89

0.91

2.02

1.97

1.95

Bendigo and Adelaide Bank 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																0.80	1.97	1.83	1.95	1.80

Competitive Comparison

For the Banks - Regional subindustry, Bendigo and Adelaide 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.

Bendigo and Adelaide Bank Debt-to-Equity Distribution

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

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

Bendigo and Adelaide Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bendigo and Adelaide Bank's Debt to Equity Ratio for the fiscal year that ended in Jun. 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	+	13325)	/	6850.7
	=	1.95

Bendigo and Adelaide 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	+	12644.9)	/	7009
	=	1.80

Bendigo and Adelaide Bank (ASX:BENPD.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.

Bendigo and Adelaide Bank Debt-to-Equity Related Terms

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Bendigo and Adelaide Bank (ASX:BENPD.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bendigo and Adelaide Bank Ltd (ASX:BENPD.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BXRBF:USA BENPH.PFD:Australia BENPG.PFD:Australia BEN:Australia

Address

22-44 Bath Lane, The Bendigo Centre, Bendigo, VIC, AUS, 3550

Website

https://www.bendigoadelaide.com.au

Founded in 1858 as the Bendigo Building Society as a leading regional bank operating in the consumer, small-business, and rural banking sectors, Bendigo gained public goodwill after rolling out branches in locations deserted by major banks in the late 1990s and early 2000s. The Adelaide Bank merger in 2007 diversified the bank into wholesale banking, while expanding the geographical footprint. It is a conservatively managed retail bank with a long history, a well-regarded retail franchise, and high levels of customer and shareholder loyalty.

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