BNK Banking (ASX:BBC) Debt-to-Equity : 2.23 (As of Dec. 2023)

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What is BNK Banking Debt-to-Equity?

BNK Banking's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$257.89 Mil. BNK Banking's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$23.85 Mil. BNK Banking's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$126.10 Mil. BNK Banking's debt to equity for the quarter that ended in Dec. 2023 was 2.23.

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 BNK Banking's Debt-to-Equity or its related term are showing as below:

ASX:BBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 1.29 Max: 2.23
Current: 2.23

During the past 12 years, the highest Debt-to-Equity Ratio of BNK Banking was 2.23. The lowest was 0.12. And the median was 1.29.

ASX:BBC's Debt-to-Equity is ranked worse than
86.42% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs ASX:BBC: 2.23

BNK Banking Debt-to-Equity Historical Data

The historical data trend for BNK Banking'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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BNK Banking Debt-to-Equity Chart

BNK Banking Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.48

1.29

2.22

BNK Banking 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															1.13	1.29	2.21	2.22	2.23

Competitive Comparison of BNK Banking's Debt-to-Equity

For the Banks - Regional subindustry, BNK Banking'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.

BNK Banking's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where BNK Banking's Debt-to-Equity falls into.

BNK Banking Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BNK Banking's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(261.764	+	23.27)	/	128.183
	=	2.22

BNK Banking'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
	=	(257.889	+	23.849)	/	126.1
	=	2.23

BNK Banking (ASX:BBC) 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.

BNK Banking Debt-to-Equity Related Terms

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BNK Banking (ASX:BBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BNK Banking Corp Ltd (ASX:BBC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

191 St George’s Terrace, Level 14, Perth, WA, AUS, 6000

Website

https://www.bnk.com.au

BNK Banking Corp Ltd is engaged in the provision of a range of banking products and services to existing and new customers. The company offers a range of loan products, including home loans, personal loans, car loans, business loans. It also offers a range of savings and investments, including transaction and savings accounts and term deposits. The company offers general and health insurance. It offers deposit accounts, including General Savings Account and Business Account. The company's operating segment includes Banking and Aggregation. It generates maximum revenue from the Banking segment.