Bank of Ireland Group (LSE:BIRG) Debt-to-Equity : 1.05 (As of Dec. 2023)

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What is Bank of Ireland Group Debt-to-Equity?

Bank of Ireland Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Bank of Ireland Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €13,149 Mil. Bank of Ireland Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €12,558 Mil. Bank of Ireland Group's debt to equity for the quarter that ended in Dec. 2023 was 1.05.

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 Bank of Ireland Group's Debt-to-Equity or its related term are showing as below:

LSE:BIRG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.05 Med: 1.42 Max: 2.32
Current: 1.05

During the past 13 years, the highest Debt-to-Equity Ratio of Bank of Ireland Group was 2.32. The lowest was 1.05. And the median was 1.42.

LSE:BIRG's Debt-to-Equity is ranked worse than
65.69% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs LSE:BIRG: 1.05

Bank of Ireland Group Debt-to-Equity Historical Data

The historical data trend for Bank of Ireland Group'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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Bank of Ireland Group Debt-to-Equity Chart

Bank of Ireland Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.31

1.07

2.09

1.09

1.05

Bank of Ireland Group 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															2.09	1.92	1.09	1.10	1.05

Competitive Comparison of Bank of Ireland Group's Debt-to-Equity

For the Banks - Regional subindustry, Bank of Ireland Group'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.

Bank of Ireland Group's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Ireland Group's Debt-to-Equity falls into.

Bank of Ireland Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank of Ireland Group'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
	=	(0	+	13149)	/	12558
	=	1.05

Bank of Ireland Group'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
	=	(0	+	13149)	/	12558
	=	1.05

Bank of Ireland Group (LSE:BIRG) 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.

Bank of Ireland Group Debt-to-Equity Related Terms

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

Bank of Ireland Group (LSE:BIRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Ireland Group PLC (LSE:BIRG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BKRIY:USA BKRIF:USA BIRG:Mexico BIRG:Ireland BIRGi:UK BIRG:Germany

Address

40 Mespil Road, Dublin, IRL, D04 C2N4

Website

https://www.bankofireland.com

Bank of Ireland Group PLC is an Irish financial services group operating mostly in Ireland and the United Kingdom. Services include mortgages, business, and corporate lending, term loans, leasing, foreign exchange, life assurance, and pension products, among others. The bank's trading divisions include Retail Ireland, Wealth and Insurance, Retail UK, Corporate and Treasury (C&T) and Group Centre. The bank generates the majority of its revenue from Retail Ireland serves consumer and business customers across a broad range of segments and sectors. Revenue is also derived from fees for a range of banking and transaction services. The bank has access to distribution in the United Kingdom via its relationship as a financial services partner with the nation's post office.

Bank of Ireland Group (LSE:BIRG) Headlines

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