S&P Global (S&P Global) Debt-to-Equity

: 0.35 (As of Dec. 2023)

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S&P Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $47 Mil. S&P Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11,953 Mil. S&P Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $34,200 Mil. S&P Global's debt to equity for the quarter that ended in Dec. 2023 was 0.35.

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 S&P Global's Debt-to-Equity or its related term are showing as below:

SPGI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 5.26 Max: 18.61
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of S&P Global was 18.61. The lowest was 0.32. And the median was 5.26.

SPGI's Debt-to-Equity is ranked better than
51.72% of 609 companies
in the Capital Markets industry
Industry Median: 0.37 vs SPGI: 0.35

S&P Global Debt-to-Equity Historical Data

The historical data trend for S&P Global'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.

S&P Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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9.77

9.34

2.31

0.32

0.35

S&P Global Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.32	0.34	0.34	0.34	0.35

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, S&P Global'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.

S&P Global Debt-to-Equity Distribution

For the Capital Markets industry and Financial Services sector, S&P Global's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where S&P Global's Debt-to-Equity falls into.

S&P Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

S&P Global'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
	=	(47	+	11953)	/	34200
	=	0.35

S&P Global'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
	=	(47	+	11953)	/	34200
	=	0.35

S&P Global (NYSE:SPGI) 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.

S&P Global Debt-to-Equity Related Terms

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

S&P Global (S&P Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » S&P Global Inc (NYSE:SPGI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SPGI:Mexico MHL:Germany MHL:Germany MHL:Germany SPGI34:Brazil

Address

55 Water Street, New York, NY, USA, 10041

Website

https://www.spglobal.com

S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include commodity insights (Platts and other data), mobility (Carfax), and indexes.

Executives

Douglas L. Peterson	director, officer: CEO & President	MCGRAW HILL FINANCIAL, 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Saugata Saha	officer: President, S&P Global Platts	55 WATER STREET, NEW YORK NY 10041
Ewout L Steenbergen	officer: EVP & Chief Financial Officer	230 PARK AVENUE, NEW YORK NY 10169
Adam Jason Kansler	officer: President, Market Intelligence	C/O MARKIT LTD, 4TH FL, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
Dimitra Manis	officer: Chief People Officer	55 WATER STREET, S&P GLOBAL, 45TH FLOOR, NEW YORK NY 10041
Steven J Kemps	officer: EVP, General Counsel	2515 MCKINNEY AVENUE, SUITE 1200, DALLAS TX 75201
Sally Moore	officer: EVP, Strategic Alliances	55 WATER STREET, NEW YORK NY 10041
Deborah D Mcwhinney	director	PO BOX 40 EAST BROADWAY, BUTTE MT 59701
Robert P Kelly	director	ONE MELLON CENTER, PITTSBURGH PA 15258-0001
Christopher Craig	officer: SVP and Controller	55 WATER STREET, LEGAL DEPARTMENT, NEW YORK NY 10041
Martina Cheung	officer: EMD, Head of Global Risk Svcs	55 WATER STREET, NEW YORK NY 10020
John L Berisford	officer: President, S&P Ratings	C/O THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Nancy Luquette	officer: SVP, Chief Risk & Audit Exec	S&P GLOBAL, 55 WATER STREET, NEW YORK NY 10041
Jacques Esculier	director	C/O AMERICAN STANDARD COMPANIES INC, ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Gay Huey Evans	director	SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084