GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Danske Bank AS (WBO:DANS) » Definitions » Debt-to-Equity

Danske Bank AS (WBO:DANS) Debt-to-Equity : 6.36 (As of Jun. 2024)


View and export this data going back to . Start your Free Trial

What is Danske Bank AS Debt-to-Equity?

Danske Bank AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0 Mil. Danske Bank AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €151,638 Mil. Danske Bank AS's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €23,857 Mil. Danske Bank AS's debt to equity for the quarter that ended in Jun. 2024 was 6.36.

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:

WBO:DANS' s Debt-to-Equity Range Over the Past 10 Years
Min: 6.14   Med: 6.85   Max: 7.6
Current: 6.36

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 6.85.

WBO:DANS's Debt-to-Equity is ranked worse than
97.74% of 1504 companies
in the Banks industry
Industry Median: 0.7 vs WBO:DANS: 6.36

Danske Bank AS Debt-to-Equity Historical Data

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.

* Premium members only.

Danske Bank AS Debt-to-Equity Chart

Danske Bank AS 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 6.95 6.97 6.63 6.57 6.27

Danske Bank AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 6.31 6.42 6.27 6.36 6.36

Competitive Comparison of Danske Bank AS's Debt-to-Equity

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's Debt-to-Equity Distribution in the 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.



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. 2023 is calculated as

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


Danske Bank AS  (WBO:DANS) 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

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


Danske Bank AS Business Description

Address
Holmens Kanal 2-12, Copenhagen, DNK, DK-1092
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.

Danske Bank AS Headlines

No Headlines