Ameriprise Financial (BSP:A1MP34) Debt-to-Equity

: 1.22 (As of Dec. 2023)

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Ameriprise Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$3,680 Mil. Ameriprise Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$24,519 Mil. Ameriprise Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$23,171 Mil. Ameriprise Financial's debt to equity for the quarter that ended in Dec. 2023 was 1.22.

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

BSP:A1MP34' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 0.88 Max: 1.45
Current: 1.22

During the past 13 years, the highest Debt-to-Equity Ratio of Ameriprise Financial was 1.45. The lowest was 0.84. And the median was 0.88.

BSP:A1MP34's Debt-to-Equity is ranked worse than
90.11% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs BSP:A1MP34: 1.22

Ameriprise Financial Debt-to-Equity Historical Data

The historical data trend for Ameriprise Financial'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.

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Ameriprise Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.86

0.84

0.88

1.42

1.22

Ameriprise Financial 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															1.48	1.48	1.56	1.22	1.17

Competitive Comparison

For the Asset Management subindustry, Ameriprise Financial'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.

Ameriprise Financial Debt-to-Equity Distribution

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

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

Ameriprise Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ameriprise Financial'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
	=	(3679.75	+	24518.599)	/	23171.154
	=	1.22

Ameriprise Financial'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
	=	(3679.75	+	24518.599)	/	23171.154
	=	1.22

Ameriprise Financial (BSP:A1MP34) 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.

Ameriprise Financial Debt-to-Equity Related Terms

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Ameriprise Financial (BSP:A1MP34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ameriprise Financial Inc (BSP:A1MP34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AMP:USA AMP:Mexico A4S:Germany

Address

1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474

Website

https://www.ameriprise.com

Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.

Ameriprise Financial (BSP:A1MP34) Headlines

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