GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Discover Financial Services (MEX:DFS) » Definitions » Debt-to-Asset

Discover Financial Services (MEX:DFS) Debt-to-Asset : 0.13 (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Discover Financial Services Debt-to-Asset?

Discover Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MXN0 Mil. Discover Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MXN350,665 Mil. Discover Financial Services's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was MXN2,763,899 Mil. Discover Financial Services's debt to asset for the quarter that ended in Jun. 2024 was 0.13.


Discover Financial Services Debt-to-Asset Historical Data

The historical data trend for Discover Financial Services'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.

Discover Financial Services Debt-to-Asset Chart

Discover Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.19 0.18 0.15 0.14

Discover Financial Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.14 0.13 0.13 0.12

Competitive Comparison of Discover Financial Services's Debt-to-Asset

For the Credit Services subindustry, Discover Financial Services'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.


Discover Financial Services's Debt-to-Asset Distribution in the Credit Services Industry

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

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



Discover Financial Services Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Discover Financial Services'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
=(12730.686 + 349346.998) / 2571972.004
=0.14

Discover Financial Services's Debt-to-Asset for the quarter that ended in Jun. 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 + 350665.092) / 2763898.982
=0.13

* 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.


Discover Financial Services  (MEX:DFS) 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.


Discover Financial Services Debt-to-Asset Related Terms

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


Discover Financial Services Business Description

Traded in Other Exchanges
Address
2500 Lake Cook Road, Riverwoods, IL, USA, 60015
Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts and personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.

Discover Financial Services Headlines