GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SunTrust Banks Inc (NYSE:STIpA.PFD) » Definitions » Debt-to-Equity

SunTrust Banks (SunTrust Banks) Debt-to-Equity : 0.98 (As of Sep. 2019)


View and export this data going back to 2006. Start your Free Trial

What is SunTrust Banks Debt-to-Equity?

SunTrust Banks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $5,061.00 Mil. SunTrust Banks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $20,908.00 Mil. SunTrust Banks's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $26,489.00 Mil. SunTrust Banks's debt to equity for the quarter that ended in Sep. 2019 was 0.98.

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

STIpA.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25   Med: 0.84   Max: 2
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of SunTrust Banks was 2.00. The lowest was 0.25. And the median was 0.84.

STIpA.PFD's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.65 vs STIpA.PFD: 0.98

SunTrust Banks Debt-to-Equity Historical Data

The historical data trend for SunTrust Banks'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.

SunTrust Banks Debt-to-Equity Chart

SunTrust Banks Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.42 0.55 0.43 0.84

SunTrust Banks Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.73 0.84 1.01 1.09 0.98

Competitive Comparison of SunTrust Banks's Debt-to-Equity

For the Banks - Regional subindustry, SunTrust Banks'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.


SunTrust Banks's Debt-to-Equity Distribution in the Banks Industry

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

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



SunTrust Banks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SunTrust Banks's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

SunTrust Banks's Debt to Equity Ratio for the quarter that ended in Sep. 2019 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.


SunTrust Banks  (NYSE:STIpA.PFD) 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.


SunTrust Banks Debt-to-Equity Related Terms

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


SunTrust Banks (SunTrust Banks) Business Description

Traded in Other Exchanges
N/A
Address
303 Peachtree Street, North East, Atlanta, GA, USA, 30308
SunTrust Banks, headquartered in Atlanta, comprises commercial, corporate, and retail banking operations. SunTrust's corporate and investment banking arm is under the SunTrust Robinson Humphrey brand. The vast majority of SunTrust's deposits are in seven Southeastern U.S. states and the District of Columbia.
Executives
Linnie M Haynesworth director 214 N TRYON STREET, CHARLOTTE NC 28202
Paul D Donahue director 214 N TRYON STREET, CHARLOTTE NC 28202
Ellen Koebler officer: Chief Risk Officer 214 N. TRYON STREET, CHARLOTTE NC 28202
Laura Allison Dukes officer: Chief Financial Officer 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Scott Case officer: Corp EVP & Chief Info Officer 214 N TRYON STREET, CHARLOTTE NC 28202
Ellen M Fitzsimmons officer: Corp EVP & General Counsel 214 N TRYON STREET, CHARLOTTE NC 28202
Steven C Voorhees director 214 N TRYON STREET, CHARLOTTE NC 28202
Robert Ryan Richards officer: Chief Acct Officer & Corp Cont 303 PEACHTREE STREET, NE, ATLANTA GA 30308
Scanlan Agnes Bundy director 214 N. TRYON STREET, CHARLOTTE NC 28202
Cummins Hugh S. Iii officer: CEVP & Wholesale Banking Exec 214 N TRYON STREET, CHARLOTTE NC 28202
Bruce L Tanner director 214 N TRYON STREET, CHARLOTTE NC 28202
Dallas S Clement director 214 N TRYON STREET, CHARLOTTE NC 28202
Dorinda C Smith officer: Pres & CEO SunTrust Mortgage 303 PEACHTREE STREET, NE, ATLANTA GA 30308
Paul R Garcia director 214 N TRYON STREET, CHARLOTTE NC 28202
Susan S Johnson officer: Corporate Executive Vice Pres 303 PEACHTREE STREET, NE, ATLANTA GA 30308