Industrial And Commercial Bank Of China (SHSE:601398) Debt-to-Revenue : 2.49 (As of Dec. 2023)

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What is Industrial And Commercial Bank Of China Debt-to-Revenue?

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

Industrial And Commercial Bank Of China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥0 Mil. Industrial And Commercial Bank Of China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥1,898,250 Mil. Industrial And Commercial Bank Of China's annualized Revenue for the quarter that ended in Dec. 2023 was ¥761,264 Mil. Industrial And Commercial Bank Of China's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 2.49.

Industrial And Commercial Bank Of China Debt-to-Revenue Historical Data

The historical data trend for Industrial And Commercial Bank Of China'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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Industrial And Commercial Bank Of China Debt-to-Revenue Chart

Industrial And Commercial Bank Of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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1.45

1.44

1.36

1.64

2.27

Industrial And Commercial Bank Of China Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial															1.79	1.82	2.04	2.22	2.49

Competitive Comparison of Industrial And Commercial Bank Of China's Debt-to-Revenue

For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China'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.

Industrial And Commercial Bank Of China's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Industrial And Commercial Bank Of China's Debt-to-Revenue falls into.

Industrial And Commercial Bank Of China Debt-to-Revenue Calculation

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

Industrial And Commercial Bank Of China'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
	=	(0	+	1898250)	/	838048
	=	2.27

Industrial And Commercial Bank Of China's annualized Debt-to-Revenue for the quarter 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
	=	(0	+	1898250)	/	761264
	=	2.49

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 (Dec. 2023) Revenue data.

Industrial And Commercial Bank Of China Debt-to-Revenue Related Terms

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Industrial And Commercial Bank Of China (SHSE:601398) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial And Commercial Bank Of China Ltd (SHSE:601398) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

IDCBY:USA IDCBF:USA 01398:Hong Kong ICK:Germany ICK:Germany

Address

3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG

Website

http://www.icbc-ltd.com

ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.

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