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State Street (State Street) Debt-to-Revenue : 1.77 (As of Dec. 2023)


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What is State Street Debt-to-Revenue?

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

State Street's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,833.00 Mil. State Street's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15,667.00 Mil. State Street's annualized Revenue for the quarter that ended in Dec. 2023 was $12,172.00 Mil. State Street's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 1.77.


State Street Debt-to-Revenue Historical Data

The historical data trend for State Street'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.

* Premium members only.

State Street Debt-to-Revenue Chart

State Street 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 1.14 1.52 1.13 1.41 1.80

State Street Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.32 1.39 1.73 1.77 2.49

Competitive Comparison of State Street's Debt-to-Revenue

For the Asset Management subindustry, State Street'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.


State Street's Debt-to-Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, State Street's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where State Street's Debt-to-Revenue falls into.



State Street Debt-to-Revenue Calculation

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

State Street'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
=(5833 + 15667) / 11945
=1.80

State Street'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
=(5833 + 15667) / 12172
=1.77

* 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 (Dec. 2023) Revenue data.


State Street Debt-to-Revenue Related Terms

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State Street (State Street) Business Description

Address
One Lincoln Street, Boston, MA, USA, 02111
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.