Stanbic IBTC Holdings (NSA:STANBIC) Debt-to-Equity : 0.88 (As of Sep. 2023)

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What is Stanbic IBTC Holdings Debt-to-Equity?

Stanbic IBTC Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₦0 Mil. Stanbic IBTC Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₦407,662 Mil. Stanbic IBTC Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₦462,473 Mil. Stanbic IBTC Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.88.

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 Stanbic IBTC Holdings's Debt-to-Equity or its related term are showing as below:

NSA:STANBIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.64 Max: 1.03
Current: 0.88

During the past 13 years, the highest Debt-to-Equity Ratio of Stanbic IBTC Holdings was 1.03. The lowest was 0.43. And the median was 0.64.

NSA:STANBIC's Debt-to-Equity is ranked worse than
59.12% of 1392 companies
in the Banks industry
Industry Median: 0.67 vs NSA:STANBIC: 0.88

Stanbic IBTC Holdings Debt-to-Equity Historical Data

The historical data trend for Stanbic IBTC Holdings'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.

Stanbic IBTC Holdings Debt-to-Equity Chart

Stanbic IBTC Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.52

0.62

0.57

0.45

0.62

Stanbic IBTC Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.60	0.62	0.60	0.80	0.88

Competitive Comparison of Stanbic IBTC Holdings's Debt-to-Equity

For the Banks - Regional subindustry, Stanbic IBTC Holdings'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.

Stanbic IBTC Holdings's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Stanbic IBTC Holdings's Debt-to-Equity falls into.

Stanbic IBTC Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Stanbic IBTC Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	247830)	/	399662
	=	0.62

Stanbic IBTC Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	407662)	/	462473
	=	0.88

Stanbic IBTC Holdings (NSA:STANBIC) 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.

Stanbic IBTC Holdings Debt-to-Equity Related Terms

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

Stanbic IBTC Holdings (NSA:STANBIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Stanbic IBTC Holdings PLC (NSA:STANBIC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Walter Carrington Crescent, IBTC Place, P.O. Box 71707, Victoria Island, Lagos, NGA

Website

https://www.stanbicibtcbank.com

Stanbic IBTC Holdings PLC provides banking services. The company's operating segment includes Business and Commercial Clients; Wholesale Clients and Consumer and High Net Worth Clients. It generates maximum revenue from the Consumer and High Net Worth Clients segment. The Consumer and High Net Worth (CHNW) client segment is responsible for the end-to-end lifecycle of clients.

Stanbic IBTC Holdings (NSA:STANBIC) Headlines

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