KB Financial Group (BSP:K1BF34) Debt-to-Equity

: 2.44 (As of Sep. 2023)

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KB Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R$0 Mil. KB Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R$514,369 Mil. KB Financial Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R$210,558 Mil. KB Financial Group's debt to equity for the quarter that ended in Sep. 2023 was 2.44.

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

BSP:K1BF34' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.56 Med: 2.06 Max: 2.63
Current: 2.44

During the past 13 years, the highest Debt-to-Equity Ratio of KB Financial Group was 2.63. The lowest was 1.56. And the median was 2.06.

BSP:K1BF34's Debt-to-Equity is ranked worse than
88.75% of 1395 companies
in the Banks industry
Industry Median: 0.7 vs BSP:K1BF34: 2.44

KB Financial Group Debt-to-Equity Historical Data

The historical data trend for KB Financial Group'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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KB Financial Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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2.04

1.91

2.12

2.18

2.51

KB Financial Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															2.63	2.51	2.18	2.16	2.44

Competitive Comparison

For the Banks - Regional subindustry, KB Financial Group'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.

KB Financial Group Debt-to-Equity Distribution

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

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

KB Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KB Financial Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	491863.526)	/	196111.294
	=	2.51

KB Financial Group'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	+	514368.709)	/	210558.189
	=	2.44

KB Financial Group (BSP:K1BF34) 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.

KB Financial Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of KB Financial Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

KB Financial Group (BSP:K1BF34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KB Financial Group Inc (BSP:K1BF34) » Definitions » Debt-to-Equity

Traded in Other Exchanges

KB:USA 105560:Korea KBIA:Germany KB:Argentina

Address

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331

Website

https://www.kbfg.com

KB Financial is the parent company of KB Kookmin Bank, Korea's largest commercial bank, with a 12.8% share of loans as of 2022. Its predecessor banks were established in the 1960s as government policy banks and privatized in the 1990s. Its credit card subsidiary KB Kookmin Card is the number-three player behind Shinhan Card and Samsung Card. KB has in recent years expanded its nonbank business by buying LIG Insurance and Hyundai Securities, making KB a top-five player in nonlife insurance and in securities, and most recently by buying Prudential Life Insurance Korea. It also has KB Capital, which provides leasing and installment finance.

KB Financial Group (BSP:K1BF34) Headlines

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