Punjab National Bank (BOM:532461) Debt-to-Equity : 0.66 (As of Mar. 2024)

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What is Punjab National Bank Debt-to-Equity?

Punjab National Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Punjab National Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹725,856 Mil. Punjab National Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,103,867 Mil. Punjab National Bank's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

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

BOM:532461' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 0.84 Max: 1.59
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Punjab National Bank was 1.59. The lowest was 0.60. And the median was 0.84.

BOM:532461's Debt-to-Equity is ranked worse than
50.14% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs BOM:532461: 0.66

Punjab National Bank Debt-to-Equity Historical Data

The historical data trend for Punjab National Bank'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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Punjab National Bank Debt-to-Equity Chart

Punjab National Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.69

0.60

0.64

0.72

0.66

Punjab National Bank 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															0.72	0.73	0.70	0.77	0.66

Competitive Comparison of Punjab National Bank's Debt-to-Equity

For the Banks - Regional subindustry, Punjab National Bank'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.

Punjab National Bank's Debt-to-Equity Distribution in the Banks Industry

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

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

Punjab National Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Punjab National Bank's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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	+	725856.2)	/	1103867.3
	=	0.66

Punjab National Bank's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	725856.2)	/	1103867.3
	=	0.66

Punjab National Bank (BOM:532461) 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.

Punjab National Bank Debt-to-Equity Related Terms

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Punjab National Bank (BOM:532461) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Punjab National Bank (BOM:532461) » Definitions » Debt-to-Equity

Traded in Other Exchanges

PNB:India

Address

Plot No. 4, Sector - 10, Dwarka, New Delhi, IND, 110075

Website

https://www.pnbindia.in

Punjab National Bank is an Indian public sector bank. It engaged in providing banking services such as saving deposit, current account, fixed deposit schemes, capital gain account scheme, corporate loans, credit facilities, mutual fund insurance, cash management services, export-import (EXIM) financing, international banking, depository services, merchant banking, doorstep banking services, and others. The bank also provides its products and services through mobile banking, internet banking, and SMS banking. It manages its business into four segments namely Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The bank operates its business in India and overseas. The majority of the bank's revenue comes from India.

Punjab National Bank (BOM:532461) Headlines

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