EQB (TSX:EQB.PR.C.PFD) Debt-to-Asset : 0.35 (As of Jan. 2025)

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What is EQB Debt-to-Asset?

EQB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was C$768.81 Mil. EQB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was C$17,978.63 Mil. EQB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jan. 2025 was C$53,231.82 Mil. EQB's debt to asset for the quarter that ended in Jan. 2025 was 0.35.

EQB Debt-to-Asset Historical Data

The historical data trend for EQB'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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EQB Debt-to-Asset Chart

EQB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Oct24

Debt-to-Asset

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0.39

0.42

0.38

0.36

EQB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Jan24	Apr24	Jul24	Oct24	Jan25
Debt-to-Asset	Get a 7-Day Free Trial															0.37	0.37	0.38	0.36	0.35

Competitive Comparison of EQB's Debt-to-Asset

For the Banks - Regional subindustry, EQB'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.

EQB's Debt-to-Asset Distribution in the Banks Industry

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

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

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EQB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

EQB'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
	=	(946.956	+	18324.769)	/	53233.921
	=	0.36

EQB's Debt-to-Asset for the quarter that ended in Jan. 2025 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(768.813	+	17978.63)	/	53231.824
	=	0.35

EQB (TSX:EQB.PR.C.PFD) 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.

EQB Debt-to-Asset Related Terms

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EQB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » EQB Inc (TSX:EQB.PR.C.PFD) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

EQGPF:USA V22:Germany EQB:Canada

Address

30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1

Website

https://www.eqbank.ca

EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.

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