GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prosperity Bancshares Inc (FRA:PPY) » Definitions » Debt-to-Revenue

Prosperity Bancshares (FRA:PPY) Debt-to-Revenue : 3.66 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Prosperity Bancshares Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Prosperity Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. Prosperity Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,588.0 Mil. Prosperity Bancshares's annualized Revenue for the quarter that ended in Mar. 2024 was €979.4 Mil. Prosperity Bancshares's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 3.66.


Prosperity Bancshares Debt-to-Revenue Historical Data

The historical data trend for Prosperity Bancshares's Debt-to-Revenue 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.

Prosperity Bancshares Debt-to-Revenue Chart

Prosperity Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 - - 3.32 3.49

Prosperity Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 6.18 4.52 3.97 3.54 3.66

Competitive Comparison of Prosperity Bancshares's Debt-to-Revenue

For the Banks - Regional subindustry, Prosperity Bancshares's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Prosperity Bancshares's Debt-to-Revenue Distribution in the Banks Industry

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

* The bar in red indicates where Prosperity Bancshares's Debt-to-Revenue falls into.



Prosperity Bancshares Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Prosperity Bancshares's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 3415.825) / 979.473
=3.49

Prosperity Bancshares's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 3588) / 979.392
=3.66

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Prosperity Bancshares Debt-to-Revenue Related Terms

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


Prosperity Bancshares (FRA:PPY) Business Description

Traded in Other Exchanges
Address
Prosperity Bank Plaza, 4295 San Felipe, Houston, TX, USA, 77027
Prosperity Bancshares Inc follows a community bank model and provides multiple services to individuals and small to midsize businesses. It operates more than 270 branches in Texas, most of them around the Houston, Dallas-Fort Worth, Corpus Christi, and Austin metropolitan areas.

Prosperity Bancshares (FRA:PPY) Headlines