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FITBI.PFD (Fifth Third Bancorp) Debt-to-Revenue : 2.20 (As of Sep. 2024)


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What is Fifth Third Bancorp Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Fifth Third Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,046.00 Mil. Fifth Third Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $17,096.00 Mil. Fifth Third Bancorp's annualized Revenue for the quarter that ended in Sep. 2024 was $8,252.00 Mil. Fifth Third Bancorp's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 2.20.


Fifth Third Bancorp Debt-to-Revenue Historical Data

The historical data trend for Fifth Third Bancorp's Debt-to-Revenue 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.

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Fifth Third Bancorp Debt-to-Revenue Chart

Fifth Third Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 2.07 1.58 2.24 2.25

Fifth Third Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue 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 2.47 2.29 2.21 2.39 2.20

Competitive Comparison of Fifth Third Bancorp's Debt-to-Revenue

For the Banks - Regional subindustry, Fifth Third Bancorp's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Fifth Third Bancorp's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fifth Third Bancorp's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Fifth Third Bancorp's Debt-to-Revenue falls into.



Fifth Third Bancorp Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Fifth Third Bancorp's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2528 + 16380) / 8410
=2.25

Fifth Third Bancorp's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1046 + 17096) / 8252
=2.20

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Fifth Third Bancorp Debt-to-Revenue Related Terms

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Fifth Third Bancorp Business Description

Address
38 Fountain Square Plaza, Cincinnati, OH, USA, 45263
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking branches and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.