Union Bank of India (BOM:532477) Debt-to-Equity : 0.24 (As of Sep. 2024)

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What is Union Bank of India Debt-to-Equity?

Union Bank of India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil. Union Bank of India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹259,400 Mil. Union Bank of India's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹1,076,674 Mil. Union Bank of India's debt to equity for the quarter that ended in Sep. 2024 was 0.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Union Bank of India's Debt-to-Equity or its related term are showing as below:

BOM:532477' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.77 Max: 1.77
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Union Bank of India was 1.77. The lowest was 0.24. And the median was 0.77.

BOM:532477's Debt-to-Equity is ranked better than
74.95% of 1449 companies
in the Banks industry
Industry Median: 0.64 vs BOM:532477: 0.24

Union Bank of India Debt-to-Equity Historical Data

The historical data trend for Union Bank of India's Debt-to-Equity 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.

Union Bank of India Debt-to-Equity Chart

Union Bank of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.55

0.58

0.52

0.37

0.28

Union Bank of India Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.58	0.40	0.28	0.25	0.24

Competitive Comparison of Union Bank of India's Debt-to-Equity

For the Banks - Regional subindustry, Union Bank of India's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Union Bank of India's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Union Bank of India's Debt-to-Equity falls into.

Union Bank of India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Union Bank of India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	269742.68)	/	975976.56
	=	0.28

Union Bank of India's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	259399.9)	/	1076674.1
	=	0.24

Union Bank of India (BOM:532477) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Union Bank of India Debt-to-Equity Related Terms

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Union Bank of India Business Description

Industry

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UNIONBANK:India

Address

239, Vidhan Bhavan Marg, Union Bank Bhavan, 12th Floor, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.unionbankofindia.co.in

Union Bank of India is a retail, commercial and investment bank domiciled in India. The bank organizes operations across four main segments: Retail Banking Operations such as deposits and transaction accounts; Corporate and Wholesale Banking including private equity and corporate finance; Treasury Operations; and Other Banking Operations. Corporate and Wholesale Banking Operations contribute major revenue. The bank generates the majority of its revenue domestically. The Government of India is the majority shareholder.

Union Bank of India Headlines

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