Danske Bank AS (LTS:0NVC) Debt-to-Equity: 6.88 (As of Jun. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0NVC Danske Bank AS LTS:0NVC
61 GF Score
Price kr364.65
GF Value kr239.42
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Danske Bank AS Debt-to-Equity?

Danske Bank AS LTS:0NVC +0.10% 61 Debt-to-Equity is 6.88 as of Jun. 2026, which is 1% above its 10-year median of 6.82. GuruFocus rates LTS:0NVC with a GF Score™ of 61/100 and a GF Value™ of kr239.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,421 Banks companies, Danske Bank AS ranks worse than 98.1% on this metric.

Danske Bank AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr0 Mil. Danske Bank AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr1,150,322 Mil. Danske Bank AS's Total Stockholders Equity for the quarter that ended in Jun. 2026 was kr167,149 Mil. Danske Bank AS's debt to equity for the quarter that ended in Jun. 2026 was 6.88.

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 Danske Bank AS's Debt-to-Equity or its related term are showing as below:

LTS:0NVC' s Debt-to-Equity Range Over the Past 10 Years
Min: 6.14   Med: 6.82   Max: 7.6
Current: 6.88

During the past 13 years, the highest Debt-to-Equity Ratio of Danske Bank AS was 7.60. The lowest was 6.14. And the median was 6.82.

LTS:0NVC's Debt-to-Equity is ranked worse than
98.1% of 1421 companies
in the Banks industry
Industry Median: 0.57 vs LTS:0NVC: 6.88

Danske Bank AS  (LTS:0NVC) 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.


Danske Bank AS Debt-to-Equity Related Terms


Danske Bank AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Danske Bank AS'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.

Danske Bank AS Debt-to-Equity Chart

Danske Bank AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.63 6.57 6.27 6.45 6.27

Danske Bank AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 6.48 6.23 6.27 6.84 6.88

Danske Bank AS Debt-to-Equity Competitor Comparison

For the Banks - Regional subindustry, Danske Bank AS'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.


Danske Bank AS Debt-to-Equity vs Banks Industry

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

* The bar in red indicates where Danske Bank AS's Debt-to-Equity falls into.


LTS:0NVC
61GF Score
Danske Bank AS LTS:0NVC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Danske Bank AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Danske Bank AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Danske Bank AS's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 6.88 mean?
Danske Bank AS (LTS:0NVC) has a Debt-to-Equity of 6.88 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Danske Bank AS and its competitors. This is near median its historical median of 6.82. Over the past decade, Danske Bank AS's Debt-to-Equity has ranged from 6.14 to 7.60. According to the industry distribution chart, Danske Bank AS ranks #1394 out of 1421 companies in the Banks industry, placing it in the top 98.1%.
Is Danske Bank AS's Debt-to-Equity too high?
Danske Bank AS's current Debt-to-Equity of 6.88 is near median its 10-year median of 6.82. Over the past 10 years, this metric has ranged from a low of 6.14 to a high of 7.60. The Banks industry median Debt-to-Equity is 0.57. Danske Bank AS's value of 6.88 is 1107% above this industry median. Based on the distribution chart, Danske Bank AS ranks #1394 out of 1421 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Danske Bank AS has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danske Bank AS's Debt-to-Equity compare to competitors?
According to the Banks industry distribution chart, Danske Bank AS ranks #1394 out of 1421 companies for Debt-to-Equity. This places Danske Bank AS in the lower half of its industry. The industry median Debt-to-Equity is 0.57. Danske Bank AS's value of 6.88 is 1107% above this benchmark. Historically, Danske Bank AS's own Debt-to-Equity has ranged from 6.14 to 7.60 over the past decade. While the company's 10-year median is 6.82 vs. the industry median of 0.57, Danske Bank AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.57, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Danske Bank AS's current Debt-to-Equity of 6.88 is 1107% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Danske Bank AS and its competitors. For the Banks industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danske Bank AS's current Debt-to-Equity is 6.88, which is near median its own 10-year median of 6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danske Bank AS stock overvalued right now?
Based on GuruFocus' analysis, Danske Bank AS (LTS:0NVC) is currently considered Significantly Overvalued. The stock's GF Value™ is kr239.42, compared to a current price of kr364.65 — trading 52.3% above its estimated fair value. The current Debt-to-Equity is 6.88, which is near median its 10-year median of 6.82 and 1107% above the Banks industry median of 0.57. Danske Bank AS's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Danske Bank AS (LTS:0NVC), the current Debt-to-Equity is 6.88 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Danske Bank AS (LTS:0NVC) Overvalued in 2026?

Based on GuruFocus' analysis, Danske Bank AS stock appears to be overvalued. The current stock price of kr364.65 is trading 52.3% above its estimated GF Value™ of kr239.42. GuruFocus considers Danske Bank AS to be Significantly Overvalued.

Key valuation signals for LTS:0NVC:

  • Debt-to-Equity: 6.88 (near median its 10-year median of 6.82)
  • GF Value™: kr239.42 vs. price of kr364.65 (52.3% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 1107% above the Banks median (#1394 of 1421)

No single metric tells the full story. See the LTS:0NVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Danske Bank AS Business Description

Address Bernstorffsgade 40, Copenhagen, DNK, DK-1577
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 24% in lending and 27% in deposits. It operates through 144 branches in Denmark, Finland, Sweden, Norway, and Northern Ireland.
61GF Score

Get the complete analysis for LTS:0NVC

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr364.65
Price
kr239.42
GF Value