DBS Group Holdings (DBS Group Holdings) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is DBS Group Holdings Debt-to-Equity?

DBS Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. DBS Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $33,653 Mil. DBS Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $46,592 Mil. DBS Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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

DBSDY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.87 Max: 1.14
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of DBS Group Holdings was 1.14. The lowest was 0.64. And the median was 0.87.

DBSDY's Debt-to-Equity is ranked worse than
51.04% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs DBSDY: 0.72

DBS Group Holdings Debt-to-Equity Historical Data

The historical data trend for DBS Group Holdings'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.

DBS Group Holdings Debt-to-Equity Chart

DBS Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.14

0.83

0.94

0.83

0.72

DBS Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.83	-	0.85	-	0.72

Competitive Comparison of DBS Group Holdings's Debt-to-Equity

For the Banks - Regional subindustry, DBS Group Holdings'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.

DBS Group Holdings's Debt-to-Equity Distribution in the Banks Industry

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

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

DBS Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DBS Group Holdings'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	+	33652.879)	/	46591.847
	=	0.72

DBS Group Holdings'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	+	33652.879)	/	46591.847
	=	0.72

DBS Group Holdings (OTCPK:DBSDY) 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.

DBS Group Holdings Debt-to-Equity Related Terms

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

DBS Group Holdings (DBS Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DBS Group Holdings Ltd (OTCPK:DBSDY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DBSDF:USA D05:Singapore DEVL:Germany

Address

12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Singapore, SGP, 018982

Website

https://www.dbs.com

DBS Group is a Singapore-based banking group offering a full range of services to consumers, small to midsize enterprises, and corporations and institutions. Its main presence is in Singapore and Greater China. The recent acquisition of Lakshmi Vilas Bank has strengthened DBS' operations in India, and the acquisition of Citibank's Taiwan operation should bring additional growth in Greater China. DBS' wealth management division is one of the largest in Asia, with assets under management of SGD 320 billion as of June 2023.

DBS Group Holdings (DBS Group Holdings) Headlines

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