Bank of Queensland (Bank of Queensland) Debt-to-Equity : 2.94 (As of Feb. 2024)

View and export this data going back to 2008. Start your Free Trial

Bank of Queensland Debt-to-Equity Definition

Bank of Queensland's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0 Mil. Bank of Queensland's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $11,521 Mil. Bank of Queensland's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $3,913 Mil. Bank of Queensland's debt to equity for the quarter that ended in Feb. 2024 was 2.94.

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

BKQNY' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.43 Med: 2.68 Max: 3.16
Current: 2.94

During the past 13 years, the highest Debt-to-Equity Ratio of Bank of Queensland was 3.16. The lowest was 2.43. And the median was 2.68.

BKQNY's Debt-to-Equity is ranked worse than
92.11% of 1394 companies
in the Banks industry
Industry Median: 0.7 vs BKQNY: 2.94

Bank of Queensland Debt-to-Equity Historical Data

The historical data trend for Bank of Queensland'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 Queensland Debt-to-Equity Chart

Bank of Queensland Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

Get a 7-Day Free Trial

3.11

2.68

2.86

2.88

3.15

Bank of Queensland Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															3.00	2.88	3.16	3.15	2.94

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

For the Banks - Regional subindustry, Bank of Queensland'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 Queensland Debt-to-Equity Distribution

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

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

Bank of Queensland Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank of Queensland's Debt to Equity Ratio for the fiscal year that ended in Aug. 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	+	12530.48)	/	3975.357
	=	3.15

Bank of Queensland's Debt to Equity Ratio for the quarter that ended in Feb. 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	+	11521.2)	/	3913.242
	=	2.94

Bank of Queensland (OTCPK:BKQNY) 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 Queensland Debt-to-Equity Related Terms

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

Bank of Queensland (Bank of Queensland) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Queensland Ltd (OTCPK:BKQNY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BXZ:Germany BOQPF.PFD:Australia BOQPE.PFD:Australia BOQ:Australia

Address

100 Skyring Terrace, Level 6, Newstead, QLD, AUS, 4006

Website

https://www.boq.com.au

Bank of Queensland, or BOQ, is an Australia-based bank offering home loans, personal finance, and commercial loans. BOQ operates both owner-managed and corporate branches, and is the owner of Virgin Money Australia and Me Bank. Its BOQ business includes the BOQ branded commercial lending activity, BOQ Finance and BOQ Specialist businesses. The division provides tailored business banking solutions including commercial lending, equipment finance and leasing, cash flow finance, foreign exchange, interest rate hedging, transaction banking, and deposit solutions for commercial customers.

Bank of Queensland (Bank of Queensland) Headlines

From GuruFocus

Bank of Queensland Ltd's Dividend Analysis

By GuruFocus Research • 10-24-2023