Agricultural Bank of China (STU:EK7) Debt-to-Equity : 1.00 (As of Sep. 2024)

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What is Agricultural Bank of China Debt-to-Equity?

Agricultural Bank of China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0 Mil. Agricultural Bank of China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €383,277 Mil. Agricultural Bank of China's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €382,469 Mil. Agricultural Bank of China's debt to equity for the quarter that ended in Sep. 2024 was 1.00.

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 Agricultural Bank of China's Debt-to-Equity or its related term are showing as below:

STU:EK7' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 0.71 Max: 1
Current: 1

During the past 13 years, the highest Debt-to-Equity Ratio of Agricultural Bank of China was 1.00. The lowest was 0.44. And the median was 0.71.

STU:EK7's Debt-to-Equity is ranked worse than
66.18% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs STU:EK7: 1.00

Agricultural Bank of China Debt-to-Equity Historical Data

The historical data trend for Agricultural Bank of China'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.

Agricultural Bank of China Debt-to-Equity Chart

Agricultural Bank of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.74

0.80

0.75

0.83

0.93

Agricultural Bank of China 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															0.90	0.93	0.91	0.98	1.00

Competitive Comparison of Agricultural Bank of China's Debt-to-Equity

For the Banks - Diversified subindustry, Agricultural Bank of China'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.

Agricultural Bank of China's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Agricultural Bank of China's Debt-to-Equity falls into.

Agricultural Bank of China Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Agricultural Bank of China'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	+	343956.68)	/	371059.692
	=	0.93

Agricultural Bank of China'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	+	383276.563)	/	382469.407
	=	1.00

Agricultural Bank of China (STU:EK7) 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.

Agricultural Bank of China Debt-to-Equity Related Terms

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Agricultural Bank of China Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Agricultural Bank of China Ltd (STU:EK7) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ACGBY:USA ACGBF:USA 01288:Hong Kong 601288:China

Address

50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.abchina.com

As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 40.14% and 35.29%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 56%, and 3% of total revenue in the first half of 2024, respectively. Rural banking and urban banking contributed 50% and 50% of total revenue during the same period.

Agricultural Bank of China Headlines

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