Standard Bank Group (JSE:SBK) Debt-to-Equity : 0.52 (As of Dec. 2023)

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What is Standard Bank Group Debt-to-Equity?

Standard Bank Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R0 Mil. Standard Bank Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R136,639 Mil. Standard Bank Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R260,612 Mil. Standard Bank Group's debt to equity for the quarter that ended in Dec. 2023 was 0.52.

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 Standard Bank Group's Debt-to-Equity or its related term are showing as below:

JSE:SBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.54 Max: 0.69
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Standard Bank Group was 0.69. The lowest was 0.17. And the median was 0.54.

JSE:SBK's Debt-to-Equity is ranked better than
58.72% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs JSE:SBK: 0.52

Standard Bank Group Debt-to-Equity Historical Data

The historical data trend for Standard Bank Group'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.

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Standard Bank Group Debt-to-Equity Chart

Standard Bank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

0.69

0.67

0.54

0.52

Standard Bank Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.67	0.13	0.54	0.12	0.52

Competitive Comparison of Standard Bank Group's Debt-to-Equity

For the Banks - Regional subindustry, Standard Bank Group'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.

Standard Bank Group's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Standard Bank Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Standard Bank Group's Debt-to-Equity falls into.

Standard Bank Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Standard Bank Group'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	+	136639)	/	260612
	=	0.52

Standard Bank Group's Debt to Equity Ratio for the quarter 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	+	136639)	/	260612
	=	0.52

Standard Bank Group (JSE:SBK) 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.

Standard Bank Group Debt-to-Equity Related Terms

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

Standard Bank Group (JSE:SBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Group Ltd (JSE:SBK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SBPP.PFD:South Africa SBKP.PFD:South Africa SGBLY:USA SBGOF:USA SNB:Namibia SKC2:Germany

Address

550 Denman Street, Suite 200, Vancouver, BC, CAN

Website

https://www.standardbank.com

Standard Bank Group Ltd provides banking and other financial services for its customers in roughly 20 countries in sub-Saharan Africa. Its two biggest business segments are personal and business banking and corporate and investment banking. The company earns most of its income from the personal and business banking segment, where it offers credit cards, mortgages, vehicle loans, insurance, and other lending and transactional products. The company generates nearly all its income in Africa, with most coming from South Africa.

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