Allbanc Split (TSX:ABK.PR.C.PFD) Debt-to-Equity

: 0.00 (As of Aug. 2017)

View and export this data going back to 2013. Start your Free Trial

Allbanc Split's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2017 was C$0.00 Mil. Allbanc Split's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2017 was C$0.00 Mil. Allbanc Split's Total Stockholders Equity for the quarter that ended in Aug. 2017 was C$34.79 Mil. Allbanc Split's debt to equity for the quarter that ended in Aug. 2017 was 0.00.

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

TSX:ABK.PR.C.PFD's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Allbanc Split Debt-to-Equity Historical Data

The historical data trend for Allbanc Split'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.

Allbanc Split Annual Data

Trend

Feb08

Feb09

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Debt-to-Equity

Get a 7-Day Free Trial

Allbanc Split Semi-Annual Data
	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison

For the Asset Management subindustry, Allbanc Split'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.

Allbanc Split Debt-to-Equity Distribution

For the Asset Management industry and Financial Services sector, Allbanc Split's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Allbanc Split's Debt-to-Equity falls into.

Allbanc Split Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Allbanc Split's Debt to Equity Ratio for the fiscal year that ended in Feb. 2017 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	+	0)	/	38.85
	=	0.00

Allbanc Split's Debt to Equity Ratio for the quarter that ended in Aug. 2017 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	+	0)	/	34.793
	=	0.00

Allbanc Split (TSX:ABK.PR.C.PFD) 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.

Allbanc Split Debt-to-Equity Related Terms

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

Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allbanc Split Corp (TSX:ABK.PR.C.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.scotiamanagedcompanies.com

Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.

Allbanc Split (TSX:ABK.PR.C.PFD) Headlines

No Headlines