St Galler Kantonalbank AG (CHIX:SGKNZ) Debt-to-Equity : 2.49 (As of Dec. 2023)

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What is St Galler Kantonalbank AG Debt-to-Equity?

St Galler Kantonalbank AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0.0 Mil. St Galler Kantonalbank AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF7,219.0 Mil. St Galler Kantonalbank AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF2,902.7 Mil. St Galler Kantonalbank AG's debt to equity for the quarter that ended in Dec. 2023 was 2.49.

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 St Galler Kantonalbank AG's Debt-to-Equity or its related term are showing as below:

CHIX:SGKNz' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.49 Med: 3.1 Max: 3.44
Current: 2.49

During the past 13 years, the highest Debt-to-Equity Ratio of St Galler Kantonalbank AG was 3.44. The lowest was 2.49. And the median was 3.10.

CHIX:SGKNz's Debt-to-Equity is ranked worse than
89.01% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs CHIX:SGKNz: 2.49

St Galler Kantonalbank AG Debt-to-Equity Historical Data

The historical data trend for St Galler Kantonalbank AG'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.

St Galler Kantonalbank AG Debt-to-Equity Chart

St Galler Kantonalbank AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.23

2.93

2.68

2.51

2.49

St Galler Kantonalbank AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.68	2.93	2.51	2.50	2.49

Competitive Comparison of St Galler Kantonalbank AG's Debt-to-Equity

For the Banks - Regional subindustry, St Galler Kantonalbank AG'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.

St Galler Kantonalbank AG's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, St Galler Kantonalbank AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where St Galler Kantonalbank AG's Debt-to-Equity falls into.

St Galler Kantonalbank AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

St Galler Kantonalbank AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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	+	7218.966)	/	2902.724
	=	2.49

St Galler Kantonalbank AG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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	+	7218.966)	/	2902.724
	=	2.49

St Galler Kantonalbank AG (CHIX:SGKNz) 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.

St Galler Kantonalbank AG Debt-to-Equity Related Terms

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St Galler Kantonalbank AG (CHIX:SGKNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » St Galler Kantonalbank AG (CHIX:SGKNz) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

SGKN:Switzerland

Address

St. Leonhardstrasse 25, St. Gallen, CHE, 9001

Website

https://www.sgkb.ch

St Galler Kantonalbank AG provides banking services to the local population and small and middle-sized companies in Switzerland and globally. It also offers private banking. The bank adopts a balanced business model based on two revenue sources. Its objectives are the growth of loans, the growth of funds under management, cost and income ratio and return on equity. The firm operates in St Gall through its network of branches. The company has developed and promoted the brand Cantonal bank. Retail and commercial clients, private banking, and corporate center are the segments of the company.

St Galler Kantonalbank AG (CHIX:SGKNZ) Headlines

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