Basellandschaftliche Kantonalbank (XSWX:BLKB) Debt-to-Equity : 2.71 (As of Dec. 2023)

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What is Basellandschaftliche Kantonalbank Debt-to-Equity?

Basellandschaftliche Kantonalbank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0.0 Mil. Basellandschaftliche Kantonalbank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF7,731.6 Mil. Basellandschaftliche Kantonalbank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF2,848.9 Mil. Basellandschaftliche Kantonalbank's debt to equity for the quarter that ended in Dec. 2023 was 2.71.

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 Basellandschaftliche Kantonalbank's Debt-to-Equity or its related term are showing as below:

XSWX:BLKB' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.94 Med: 2.18 Max: 2.71
Current: 2.71

During the past 13 years, the highest Debt-to-Equity Ratio of Basellandschaftliche Kantonalbank was 2.71. The lowest was 1.94. And the median was 2.18.

XSWX:BLKB's Debt-to-Equity is ranked worse than
90.8% of 1392 companies
in the Banks industry
Industry Median: 0.65 vs XSWX:BLKB: 2.71

Basellandschaftliche Kantonalbank Debt-to-Equity Historical Data

The historical data trend for Basellandschaftliche Kantonalbank'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.

Basellandschaftliche Kantonalbank Debt-to-Equity Chart

Basellandschaftliche Kantonalbank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.21

2.36

2.47

2.70

2.71

Basellandschaftliche Kantonalbank 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															2.47	2.78	2.70	2.74	2.71

Competitive Comparison of Basellandschaftliche Kantonalbank's Debt-to-Equity

For the Banks - Regional subindustry, Basellandschaftliche Kantonalbank'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.

Basellandschaftliche Kantonalbank's Debt-to-Equity Distribution in the Banks Industry

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

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

Basellandschaftliche Kantonalbank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Basellandschaftliche Kantonalbank'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	+	7731.57)	/	2848.856
	=	2.71

Basellandschaftliche Kantonalbank'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	+	7731.57)	/	2848.856
	=	2.71

Basellandschaftliche Kantonalbank (XSWX:BLKB) 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.

Basellandschaftliche Kantonalbank Debt-to-Equity Related Terms

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Basellandschaftliche Kantonalbank (XSWX:BLKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Basellandschaftliche Kantonalbank (XSWX:BLKB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BLKBz:UK

Address

Rheinstrasse 7, Liestal, CHE, 4410

Website

https://www.blkb.ch

Basellandschaftliche Kantonalbank is a future-oriented bank that provides retail and commercial banking services to private customers and corporate customers. It also provides private banking services and real estate-related services.