Canara Bank (BOM:532483) Debt-to-Asset : 0.06 (As of Sep. 2024)

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What is Canara Bank Debt-to-Asset?

Canara Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil. Canara Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹947,697 Mil. Canara Bank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₹16,215,714 Mil. Canara Bank's debt to asset for the quarter that ended in Sep. 2024 was 0.06.

Canara Bank Debt-to-Asset Historical Data

The historical data trend for Canara Bank's Debt-to-Asset 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.

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Canara Bank Debt-to-Asset Chart

Canara Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.06

0.04

Canara Bank Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.06	0.06	0.04	0.05	0.06

Competitive Comparison of Canara Bank's Debt-to-Asset

For the Banks - Regional subindustry, Canara Bank's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Canara Bank's Debt-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Canara Bank's Debt-to-Asset falls into.

Canara Bank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Canara Bank's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	600612.672)	/	15350176.368
	=	0.04

Canara Bank's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	947697.2)	/	16215713.9
	=	0.06

Canara Bank (BOM:532483) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Canara Bank Debt-to-Asset Related Terms

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Canara Bank Business Description

Industry

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CANBK:India

Address

No. 112, J C Road, Town Hall, Bengaluru, KA, IND, 560002

Website

https://www.canarabank.com

Canara Bank is an India-based commercial bank. The company's core businesses consist of Retail Banking Operations which derives its key revenue, Treasury Operations, and Corporate and Wholesale Banking Operations. It conducts a broad range of banking activities serving large and midsize corporations. Its priority sector and retail sector lending business offer funding services to the priority and retail sectors, such as loans to agriculture, housing, and educational institutions. The company owns a large branch network across India, with several branches in overseas cities such as New York, London, and Dubai.

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