SVNLF (Svenska Handelsbanken AB) Debt-to-Equity : 8.12 (As of Sep. 2024)

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What is Svenska Handelsbanken AB Debt-to-Equity?

Svenska Handelsbanken AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Svenska Handelsbanken AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $159,550 Mil. Svenska Handelsbanken AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $19,657 Mil. Svenska Handelsbanken AB's debt to equity for the quarter that ended in Sep. 2024 was 8.12.

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 Svenska Handelsbanken AB's Debt-to-Equity or its related term are showing as below:

SVNLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 7.78 Med: 9.33 Max: 12.31
Current: 8.12

During the past 13 years, the highest Debt-to-Equity Ratio of Svenska Handelsbanken AB was 12.31. The lowest was 7.78. And the median was 9.33.

SVNLF's Debt-to-Equity is ranked worse than
98.41% of 1449 companies
in the Banks industry
Industry Median: 0.64 vs SVNLF: 8.12

Svenska Handelsbanken AB Debt-to-Equity Historical Data

The historical data trend for Svenska Handelsbanken AB'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.

Svenska Handelsbanken AB Debt-to-Equity Chart

Svenska Handelsbanken AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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9.18

8.15

7.92

8.56

9.03

Svenska Handelsbanken AB 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															7.85	9.03	8.66	8.26	8.12

Competitive Comparison of Svenska Handelsbanken AB's Debt-to-Equity

For the Banks - Diversified subindustry, Svenska Handelsbanken AB'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.

Svenska Handelsbanken AB's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Svenska Handelsbanken AB's Debt-to-Equity falls into.

Svenska Handelsbanken AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Svenska Handelsbanken AB'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	+	180480.327)	/	19992.786
	=	9.03

Svenska Handelsbanken AB'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	+	159550.494)	/	19656.565
	=	8.12

Svenska Handelsbanken AB (OTCPK:SVNLF) 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.

Svenska Handelsbanken AB Debt-to-Equity Related Terms

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Svenska Handelsbanken AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Svenska Handelsbanken AB (OTCPK:SVNLF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SVNLY:USA SHB B:Sweden SHB A:Sweden SHBAs:UK 0R7S:UK 0R7R:UK SVHH:Germany

Address

Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70

Website

https://www.handelsbanken.com

Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.