Zuger Kantonalbank AG (XSWX:ZUGER) Debt-to-Equity : 2.68 (As of Dec. 2023)

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What is Zuger Kantonalbank AG Debt-to-Equity?

Zuger Kantonalbank AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0.0 Mil. Zuger Kantonalbank AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF3,996.2 Mil. Zuger Kantonalbank AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF1,493.3 Mil. Zuger Kantonalbank AG's debt to equity for the quarter that ended in Dec. 2023 was 2.68.

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

XSWX:ZUGER' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.61 Med: 2.73 Max: 2.91
Current: 2.68

During the past 13 years, the highest Debt-to-Equity Ratio of Zuger Kantonalbank AG was 2.91. The lowest was 2.61. And the median was 2.73.

XSWX:ZUGER's Debt-to-Equity is ranked worse than
90.91% of 1397 companies
in the Banks industry
Industry Median: 0.65 vs XSWX:ZUGER: 2.68

Zuger Kantonalbank AG Debt-to-Equity Historical Data

The historical data trend for Zuger Kantonalbank AG'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.

Zuger Kantonalbank AG Debt-to-Equity Chart

Zuger Kantonalbank AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.84

2.91

2.79

2.74

2.68

Zuger Kantonalbank AG 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															2.79	3.09	2.74	2.80	2.68

Competitive Comparison of Zuger Kantonalbank AG's Debt-to-Equity

For the Banks - Regional subindustry, Zuger Kantonalbank AG'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.

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

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

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

Zuger Kantonalbank AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zuger Kantonalbank AG'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	+	3996.199)	/	1493.337
	=	2.68

Zuger Kantonalbank AG'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	+	3996.199)	/	1493.337
	=	2.68

Zuger Kantonalbank AG (XSWX:ZUGER) 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.

Zuger Kantonalbank AG Debt-to-Equity Related Terms

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Zuger Kantonalbank AG (XSWX:ZUGER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zuger Kantonalbank AG (XSWX:ZUGER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZUGERz:UK

Address

Zuger Kantonalbank, Baarerstrasse 37, Zug, CHE, CH-6301

Website

http://www.zugerkb.ch

Zuger Kantonalbank AG is a cantonal, universal Swiss bank. The canton of Zug is the majority shareholder with just over half of the outstanding shares. The cantonal government also guarantees state protection of funds deposited with the bank. The bank's operations include retail banking, private banking, and corporate banking. Most of its products and services cater to residents in the canton of Zug. Products and offerings include traditional banking services, home financing, financial planning, asset management, corporate and real estate financing, pension planning, and succession planning. Most of the bank's net revenue consists of net interest income derived from mortgages.

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