Indian Overseas Bank (NSE:IOB) Debt-to-Equity : 1.10 (As of Mar. 2024)

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What is Indian Overseas Bank Debt-to-Equity?

Indian Overseas Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Indian Overseas Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹303,872 Mil. Indian Overseas Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹275,615 Mil. Indian Overseas Bank's debt to equity for the quarter that ended in Mar. 2024 was 1.10.

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

NSE:IOB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.81 Max: 1.77
Current: 1.1

During the past 13 years, the highest Debt-to-Equity Ratio of Indian Overseas Bank was 1.77. The lowest was 0.17. And the median was 0.81.

NSE:IOB's Debt-to-Equity is ranked worse than
68.53% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs NSE:IOB: 1.10

Indian Overseas Bank Debt-to-Equity Historical Data

The historical data trend for Indian Overseas Bank'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.

Indian Overseas Bank Debt-to-Equity Chart

Indian Overseas Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.36

0.25

0.17

0.87

1.10

Indian Overseas Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.87	0.70	1.14	1.16	1.10

Competitive Comparison of Indian Overseas Bank's Debt-to-Equity

For the Banks - Regional subindustry, Indian Overseas Bank'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.

Indian Overseas Bank's Debt-to-Equity Distribution in the Banks Industry

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

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

Indian Overseas Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Indian Overseas Bank'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	+	303871.7)	/	275614.5
	=	1.10

Indian Overseas Bank's Debt to Equity Ratio for the quarter 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	+	303871.7)	/	275614.5
	=	1.10

Indian Overseas Bank (NSE:IOB) 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.

Indian Overseas Bank Debt-to-Equity Related Terms

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Indian Overseas Bank (NSE:IOB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Indian Overseas Bank (NSE:IOB) » Definitions » Debt-to-Equity

Traded in Other Exchanges

532388:India

Address

No. 763, Anna Salai, Chennai, TN, IND, 600 002

Website

https://www.iob.in

Indian Overseas Bank is engaged in banking sector. The bank is based in India and has branches in several Asian countries. The majority of revenue is earned domestically. Its segments are corporate/wholesale banking, treasury, retail banking and other banking operations. The corporate/wholesale banking provides working capital finance, term loans and loans for the information technology sector. The Treasury segment offers asset management services, credit cards, settlement services, and locker facilities while the retail banking segment provides current accounts, term deposits, retail loans, mortgages, insurance, and Internet banking.

Indian Overseas Bank (NSE:IOB) Headlines

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