SYF (Synchrony Financial) Debt-to-Asset : 0.13 (As of Sep. 2024)

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What is Synchrony Financial Debt-to-Asset?

Synchrony Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Synchrony Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $15,632 Mil. Synchrony Financial's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $119,229 Mil. Synchrony Financial's debt to asset for the quarter that ended in Sep. 2024 was 0.13.

Synchrony Financial Debt-to-Asset Historical Data

The historical data trend for Synchrony Financial'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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Synchrony Financial Debt-to-Asset Chart

Synchrony Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.19

0.16

0.15

0.14

Synchrony Financial 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															0.14	0.14	0.13	0.13	0.13

Competitive Comparison of Synchrony Financial's Debt-to-Asset

For the Credit Services subindustry, Synchrony Financial'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.

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

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

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

Synchrony Financial Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Synchrony Financial'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	+	15982)	/	117479
	=	0.14

Synchrony Financial'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	+	15632)	/	119229
	=	0.13

Synchrony Financial (NYSE:SYF) 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.

Synchrony Financial Debt-to-Asset Related Terms

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

Synchrony Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Synchrony Financial (NYSE:SYF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

SYFpA.PFD:USA SYF:Mexico 0LC3:UK SFE:Germany S1YF34:Brazil

Address

777 Long Ridge Road, Stamford, CT, USA, 06902

Website

https://www.synchronyfinancial.com

Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).

Executives

Jonathan S Mothner	officer: See Remarks	777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Curtis Howse	officer: See remarks	777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Wenzel Brian J. Sr.	officer: See remarks	777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Carol Juel	officer: See remarks	777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Bart Schaller	officer: See remarks	777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Maran Nalluswami	officer: See remarks	777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Alberto Casellas	officer: See remarks	777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Brian D Doubles	officer: See Remarks	777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
David P Melito	officer: See Remarks	777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Margaret M Keane	director, officer: President and CEO	777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Kamila K Chytil	director	2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Henry F Greig	officer: See Remarks	777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Paul Whynott	officer: See remarks	777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Thomas M Quindlen	officer: See Remarks	777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
P.w. Parker	director	U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402