Danske Bank A/S (Danske Bank A/S) Debt-to-Equity : 6.27 (As of Dec. 2023)

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What is Danske Bank A/S Debt-to-Equity?

Danske Bank A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Danske Bank A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $161,269 Mil. Danske Bank A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $25,712 Mil. Danske Bank A/S's debt to equity for the quarter that ended in Dec. 2023 was 6.27.

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 Danske Bank A/S's Debt-to-Equity or its related term are showing as below:

DNSKF' s Debt-to-Equity Range Over the Past 10 Years
Min: 6.27 Med: 6.79 Max: 7.09
Current: 6.27

During the past 13 years, the highest Debt-to-Equity Ratio of Danske Bank A/S was 7.09. The lowest was 6.27. And the median was 6.79.

DNSKF's Debt-to-Equity is ranked worse than
97.42% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs DNSKF: 6.27

Danske Bank A/S Debt-to-Equity Historical Data

The historical data trend for Danske Bank A/S'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.

Danske Bank A/S Debt-to-Equity Chart

Danske Bank A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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6.95

6.97

6.63

6.57

6.27

Danske Bank A/S 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															6.57	6.64	6.31	6.42	6.27

Competitive Comparison of Danske Bank A/S's Debt-to-Equity

For the Banks - Regional subindustry, Danske Bank A/S'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.

Danske Bank A/S's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Danske Bank A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Danske Bank A/S's Debt-to-Equity falls into.

Danske Bank A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Danske Bank A/S'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	+	161269.24)	/	25712.384
	=	6.27

Danske Bank A/S'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	+	161269.24)	/	25712.384
	=	6.27

Danske Bank A/S (OTCPK:DNSKF) 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.

Danske Bank A/S Debt-to-Equity Related Terms

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Danske Bank A/S (Danske Bank A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Danske Bank A/S (OTCPK:DNSKF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DNKEY:USA DANSKc:UK 0NVC:UK DANSKE:Denmark DSN:Germany DANS:Austria

Address

Holmens Kanal 2-12, Copenhagen, DNK, DK-1092

Website

https://www.danskebank.com

Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.