Bank of New York Mellon (BSP:BONY34) Debt-to-Equity : 0.78 (As of Dec. 2023)

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What is Bank of New York Mellon Debt-to-Equity?

Bank of New York Mellon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$0 Mil. Bank of New York Mellon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$155,500 Mil. Bank of New York Mellon's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$200,274 Mil. Bank of New York Mellon's debt to equity for the quarter that ended in Dec. 2023 was 0.78.

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 Bank of New York Mellon's Debt-to-Equity or its related term are showing as below:

BSP:BONY34' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.7 Max: 0.85
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of Bank of New York Mellon was 0.85. The lowest was 0.56. And the median was 0.70.

BSP:BONY34's Debt-to-Equity is ranked worse than
83.43% of 1020 companies
in the Asset Management industry
Industry Median: 0.19 vs BSP:BONY34: 0.81

Bank of New York Mellon Debt-to-Equity Historical Data

The historical data trend for Bank of New York Mellon'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.

Bank of New York Mellon Debt-to-Equity Chart

Bank of New York Mellon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.77

0.58

0.62

0.76

0.78

Bank of New York Mellon 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															0.81	0.83	0.73	0.78	0.81

Competitive Comparison of Bank of New York Mellon's Debt-to-Equity

For the Asset Management subindustry, Bank of New York Mellon'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.

Bank of New York Mellon's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bank of New York Mellon's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bank of New York Mellon's Debt-to-Equity falls into.

Bank of New York Mellon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank of New York Mellon'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	+	155500.053)	/	200274.425
	=	0.78

Bank of New York Mellon'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	+	155500.053)	/	200274.425
	=	0.78

Bank of New York Mellon (BSP:BONY34) 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.

Bank of New York Mellon Debt-to-Equity Related Terms

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Bank of New York Mellon (BSP:BONY34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bank of New York Mellon Corp (BSP:BONY34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BK:USA BK:Argentina

Address

240 Greenwich Street, New York, NY, USA, 10286

Website

https://www.bnymellon.com

BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $44.3 trillion in under custody and administration (as of Dec. 31, 2022), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $1.8 trillion in assets.

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