KB Financial Group (KB Financial Group) Debt-to-Asset : 0.17 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is KB Financial Group Debt-to-Asset?

KB Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. KB Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $93,062 Mil. KB Financial Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $548,713 Mil. KB Financial Group's debt to asset for the quarter that ended in Dec. 2023 was 0.17.

KB Financial Group Debt-to-Asset Historical Data

The historical data trend for KB Financial Group'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.

* Premium members only.

KB Financial Group Debt-to-Asset Chart

KB Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.14

0.15

0.19

0.18

0.17

KB Financial Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.18	0.17	0.17	0.19	0.17

Competitive Comparison of KB Financial Group's Debt-to-Asset

For the Banks - Regional subindustry, KB Financial Group'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.

KB Financial Group's Debt-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where KB Financial Group's Debt-to-Asset falls into.

KB Financial Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

KB Financial Group's Debt-to-Asset for the fiscal year that ended in Dec. 2023 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	+	93061.568)	/	548712.948
	=	0.17

KB Financial Group's Debt-to-Asset for the quarter that ended in Dec. 2023 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	+	93061.568)	/	548712.948
	=	0.17

KB Financial Group (NYSE:KB) 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.

KB Financial Group Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of KB Financial Group's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

KB Financial Group (KB Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KB Financial Group Inc (NYSE:KB) » Definitions » Debt-to-Asset

Traded in Other Exchanges

105560:Korea KBIA:Germany KB:Argentina

Address

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331

Website

https://www.kbfg.com

KB Financial is the parent company of KB Kookmin Bank, Korea's largest commercial bank, with a 12.8% share of loans as of 2022. Its predecessor banks were established in the 1960s as government policy banks and privatized in the 1990s. Its credit card subsidiary KB Kookmin Card is the number-three player behind Shinhan Card and Samsung Card. KB has in recent years expanded its nonbank business by buying LIG Insurance and Hyundai Securities, making KB a top-five player in nonlife insurance and in securities, and most recently by buying Prudential Life Insurance Korea. It also has KB Capital, which provides leasing and installment finance.