IDBI Bank (BOM:500116) Debt-to-Equity : 0.33 (As of Mar. 2024)

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What is IDBI Bank Debt-to-Equity?

IDBI Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. IDBI Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹170,827 Mil. IDBI Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹510,731 Mil. IDBI Bank's debt to equity for the quarter that ended in Mar. 2024 was 0.33.

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

BOM:500116' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.88 Max: 2.6
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of IDBI Bank was 2.60. The lowest was 0.27. And the median was 0.88.

BOM:500116's Debt-to-Equity is ranked better than
70.91% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs BOM:500116: 0.33

IDBI Bank Debt-to-Equity Historical Data

The historical data trend for IDBI 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.

IDBI Bank Debt-to-Equity Chart

IDBI Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.77

0.46

0.32

0.27

0.33

IDBI Bank 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															0.27	0.57	0.43	0.47	0.33

Competitive Comparison of IDBI Bank's Debt-to-Equity

For the Banks - Regional subindustry, IDBI 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.

IDBI Bank's Debt-to-Equity Distribution in the Banks Industry

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

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

IDBI Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IDBI Bank's Debt to Equity Ratio for the fiscal year 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	+	170827)	/	510730.6
	=	0.33

IDBI Bank'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	+	170827)	/	510730.6
	=	0.33

IDBI Bank (BOM:500116) 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.

IDBI Bank Debt-to-Equity Related Terms

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IDBI Bank (BOM:500116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IDBI Bank Ltd (BOM:500116) » Definitions » Debt-to-Equity

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IDBI:India

Address

IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai, MH, IND, 400005

Website

https://www.idbibank.in

IDBI Bank Ltd is an India-based company that is principally engaged in banking. The company's business segments include wholesale banking, retail banking, and treasury services, with wholesale banking and retail banking jointly contributing the majority of total revenue. In addition to its banking business, the company is also involved in capital markets, investment banking, and mutual fund businesses. The company operates through a branch network across India. Its operations are concentrated in India, with a presence in overseas markets as well.

IDBI Bank (BOM:500116) Headlines

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