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Bank of Montreal (TSX:BMO) Debt-to-Asset : 0.19 (As of Oct. 2024)


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What is Bank of Montreal Debt-to-Asset?

Bank of Montreal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$106,837 Mil. Bank of Montreal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$155,603 Mil. Bank of Montreal's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Oct. 2024 was C$1,409,647 Mil. Bank of Montreal's debt to asset for the quarter that ended in Oct. 2024 was 0.19.

Bank of Montreal Debt-to-Asset Historical Data

The historical data trend for Bank of Montreal'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.

Bank of Montreal Debt-to-Asset Chart

Bank of Montreal Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.19 0.20 0.19 0.19

Bank of Montreal Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.19 0.18 0.19 0.18 0.19

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

For the Banks - Diversified subindustry, Bank of Montreal'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.

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

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

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


Bank of Montreal Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bank of Montreal's Debt-to-Asset for the fiscal year that ended in Oct. 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
=(106837 + 155603) / 1409647
=0.19

Bank of Montreal's Debt-to-Asset for the quarter that ended in Oct. 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
=(106837 + 155603) / 1409647
=0.19

* 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.

Bank of Montreal  (TSX:BMO) 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.

Bank of Montreal Debt-to-Asset Related Terms

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

Bank of Montreal Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Montreal (TSX:BMO) » Definitions » Debt-to-Asset
Comparable Companies
TSX:BNS TSX:CM TSX:TD TSX:NA TSX:RY JPM BAC SHSE:601398 WFC SHSE:601288 SHSE:601939 SHSE:601988 ASX:CBA LSE:HSBA ASX:NAB TSE:8306 C XSWX:UBSG TSE:8316 ASX:WBC
Traded in Other Exchanges
BMO:USA 0UKH:UK BZZ:Germany BZZ:Germany BMO.PR.E.PFD:Canada BMO.PR.Y.PFD:Canada BMO.PR.W.PFD:Canada
Address
129 rue Saint-Jacques, Montreal, QC, CAN, H2Y 1L6
Website
https://www.bmo.com
Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, US P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.
Executives
David Robert Casper Senior Officer
Nadim Hirji Senior Officer
Linda Susan Huber Director
Martin Stewart Eichenbaum Director
Mona Elizabeth Malone Senior Officer
William Darryl White Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Joanna Michelle Rotenberg Senior Officer
Cameron Mcaskile Fowler Senior Officer
Patrick Cronin Senior Officer
Ron Farmer Director
George Cope Director
Don Matthew Wilson Iii Director
Richard D. Rudderham Senior Officer
Philip Orsino Director
Simon Adrian Fish Senior Officer