KB Financial Group (BSP:K1BF34) Debt-to-Equity : 2.11 (As of Sep. 2024)

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What is KB Financial Group Debt-to-Equity?

KB Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$0 Mil. KB Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$508,513 Mil. KB Financial Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was R$241,157 Mil. KB Financial Group's debt to equity for the quarter that ended in Sep. 2024 was 2.11.

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 KB Financial Group's Debt-to-Equity or its related term are showing as below:

BSP:K1BF34' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.64 Med: 2.08 Max: 2.56
Current: 2.21

During the past 13 years, the highest Debt-to-Equity Ratio of KB Financial Group was 2.56. The lowest was 1.64. And the median was 2.08.

BSP:K1BF34's Debt-to-Equity is ranked worse than
86.34% of 1450 companies
in the Banks industry
Industry Median: 0.63 vs BSP:K1BF34: 2.21

KB Financial Group Debt-to-Equity Historical Data

The historical data trend for KB Financial Group'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.

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KB Financial Group Debt-to-Equity Chart

KB Financial Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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2.12

2.56

2.30

2.13

2.21

KB Financial Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															2.13	2.13	2.15	2.11	2.21

Competitive Comparison of KB Financial Group's Debt-to-Equity

For the Banks - Regional subindustry, KB Financial Group'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.

KB Financial Group's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where KB Financial Group's Debt-to-Equity falls into.

KB Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KB Financial Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	542176.2)	/	245264.796
	=	2.21

KB Financial Group'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	+	508513.093)	/	241156.955
	=	2.11

KB Financial Group (BSP:K1BF34) 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.

KB Financial Group Debt-to-Equity Related Terms

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KB Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KB Financial Group Inc (BSP:K1BF34) » Definitions » Debt-to-Equity

Traded in Other Exchanges

KB:USA 105560:Korea KBIA:Germany KB:Argentina

Address

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331

Website

https://www.kbfg.com

KB Financial Group Inc is a financial holding company in Korea. The company operations include Kookmin Bank, one of the commercial banks in Korea. The company's subsidiaries collectively engage in a broad range of businesses, including commercial banking, credit cards, asset management, non-life and life insurance, capital markets activities, and international banking and finance. The company's segment includes the Banking business, Securities business, Non-life Insurance business, Credit card business, and life Insurance business. The Group generates the majority of its revenue from the Banking business.

KB Financial Group Headlines

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