National Australia Bank (National Australia Bank) Debt-to-Equity

: 3.23 (As of Sep. 2023)

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National Australia Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil. National Australia Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $127,116 Mil. National Australia Bank's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $39,302 Mil. National Australia Bank's debt to equity for the quarter that ended in Sep. 2023 was 3.23.

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 National Australia Bank's Debt-to-Equity or its related term are showing as below:

NABZY' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.74 Med: 3.39 Max: 3.77
Current: 3.23

During the past 13 years, the highest Debt-to-Equity Ratio of National Australia Bank was 3.77. The lowest was 2.74. And the median was 3.39.

NABZY's Debt-to-Equity is ranked worse than
93.2% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs NABZY: 3.23

National Australia Bank Debt-to-Equity Historical Data

The historical data trend for National Australia Bank'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.

National Australia Bank Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

3.73

2.92

2.74

3.25

3.23

National Australia Bank Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity																2.74	1.87	3.25	2.26	3.23

Competitive Comparison

For the Banks - Diversified subindustry, National Australia Bank'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.

National Australia Bank Debt-to-Equity Distribution

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

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

National Australia Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

National Australia Bank's Debt to Equity Ratio for the fiscal year 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	+	127115.681)	/	39302.057
	=	3.23

National Australia Bank'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	+	127115.681)	/	39302.057
	=	3.23

National Australia Bank (OTCPK:NABZY) 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.

National Australia Bank Debt-to-Equity Related Terms

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National Australia Bank (National Australia Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Australia Bank Ltd (OTCPK:NABZY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NAUBF:USA NAL:Germany NABPI.PFD:Australia NABPH.PFD:Australia NABPF.PFD:Australia NAB:Australia

Address

395 Bourke Street, Level 28, Melbourne, VIC, AUS, 3000

Website

https://www.nab.com.au

National Australia Bank is the most business-focused of the four major banks, holding the largest share of business loans and the number-three spot in home loans. National Australia Bank is currently the third-largest bank by market capitalization, with the franchise covering consumer, small business, corporate, and institutional sectors. Under the UBank brand the bank also owns one of Australia's largest digital-only banks. Offshore operations in New Zealand round out the group.

National Australia Bank (National Australia Bank) Headlines

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