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Standard Chartered (LSE:37ZM) Debt-to-Equity : 1.43 (As of Mar. 2024)


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What is Standard Chartered Debt-to-Equity?

Standard Chartered's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Standard Chartered's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $71,857 Mil. Standard Chartered's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $50,434 Mil. Standard Chartered's debt to equity for the quarter that ended in Mar. 2024 was 1.42.

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

LSE:37ZM' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.33   Med: 1.65   Max: 2.15
Current: 1.43

During the past 13 years, the highest Debt-to-Equity Ratio of Standard Chartered was 2.15. The lowest was 1.33. And the median was 1.65.

LSE:37ZM's Debt-to-Equity is ranked worse than
81.48% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs LSE:37ZM: 1.43

Standard Chartered Debt-to-Equity Historical Data

The historical data trend for Standard Chartered'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.

* Premium members only.

Standard Chartered Debt-to-Equity Chart

Standard Chartered Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.72 1.76 1.85 1.86

Standard Chartered Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity 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 1.56 1.90 1.68 1.86 1.43

Competitive Comparison of Standard Chartered's Debt-to-Equity

For the Banks - Diversified subindustry, Standard Chartered'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 Chartered's Debt-to-Equity Distribution in the Banks Industry

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

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



Standard Chartered Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Standard Chartered's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Standard Chartered's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Standard Chartered  (LSE:37ZM) 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 Chartered Debt-to-Equity Related Terms

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


Standard Chartered (LSE:37ZM) Business Description

Address
1 Basinghall Avenue, London, GBR, EC2V 5DD
Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with the holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the U.K. and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the United Kingdom. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.

Standard Chartered (LSE:37ZM) Headlines

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