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Huntington Bancshares (MIL:1HU3) Debt-to-Equity : 0.80 (As of Sep. 2024)


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What is Huntington Bancshares Debt-to-Equity?

Huntington Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €654 Mil. Huntington Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €14,106 Mil. Huntington Bancshares's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €18,566 Mil. Huntington Bancshares's debt to equity for the quarter that ended in Sep. 2024 was 0.80.

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 Huntington Bancshares's Debt-to-Equity or its related term are showing as below:

MIL:1HU3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37   Med: 0.98   Max: 1.32
Current: 0.8

During the past 13 years, the highest Debt-to-Equity Ratio of Huntington Bancshares was 1.32. The lowest was 0.37. And the median was 0.98.

MIL:1HU3's Debt-to-Equity is ranked worse than
57.56% of 1449 companies
in the Banks industry
Industry Median: 0.64 vs MIL:1HU3: 0.80

Huntington Bancshares Debt-to-Equity Historical Data

The historical data trend for Huntington Bancshares'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.

Huntington Bancshares Debt-to-Equity Chart

Huntington Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.65 0.37 0.65 0.64

Huntington Bancshares 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 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 0.70 0.64 0.77 0.85 0.80

Competitive Comparison of Huntington Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Huntington Bancshares'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.


Huntington Bancshares's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Huntington Bancshares's Debt-to-Equity falls into.



Huntington Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huntington Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Huntington Bancshares's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Huntington Bancshares  (MIL:1HU3) 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.


Huntington Bancshares Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Huntington Bancshares's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Huntington Bancshares Business Description

Address
41 South High Street, Columbus, OH, USA, 43287
Huntington is a regional us bank with around $200 billion in assets (as of September 2024) and has a large presence, particularly in the Midwestern market. It offers a full suite of consumer deposit and lending services, along with commercial services focused on payments, investment management, capital markets, equipment financing, treasury management, and other common banking services.

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