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State Street (State Street) Net Debt Paydown Yield % : -16.80% (As of Apr. 27, 2024)


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What is State Street Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, State Street's Net Debt Paydown Yield % was -16.80%.


State Street Net Debt Paydown Yield % Historical Data

The historical data trend for State Street's Net Debt Paydown Yield % 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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State Street Net Debt Paydown Yield % Chart

State Street Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.98 -54.26 44.53 -3.02 -15.90

State Street Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Debt Paydown Yield % 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 -6.26 -10.68 -16.88 -15.90 -

Competitive Comparison of State Street's Net Debt Paydown Yield %

For the Asset Management subindustry, State Street's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


State Street's Net Debt Paydown Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, State Street's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where State Street's Net Debt Paydown Yield % falls into.



State Street Net Debt Paydown Yield % Calculation

State Street's Net Debt Paydown Yield % for the quarter that ended in Dec. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 15279.25-22147.5 )/23388.58224
=-29.37 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


State Street  (NYSE:STT) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


State Street Net Debt Paydown Yield % Related Terms

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State Street (State Street) Business Description

Address
One Lincoln Street, Boston, MA, USA, 02111
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.
Executives
Louis D Maiuri officer: Executive Vice President STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Michael L Richards officer: EVP and Chief Admin Officer STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Eric W. Aboaf officer: Executive Vice President CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Ian Appleyard officer: EVP, CAO and Global Controller STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Yie-hsin Hung officer: EVP; President and CEO of SSGA 30 HUDSON STREET, JERSEY CITY NJ 07302
Donna Demaio director 175 WATER STREET, NEW YORK NY 10038
Francisco Aristeguieta officer: EVP; CEO State Street Int'l 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Andrew Erickson officer: Executive Vice President STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Cyrus Taraporevala officer: EVP; President and CEO of SSGA STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Saint-aignan Patrick De director 27 RICHMOND ROAD, PEMBROKE D0 HM08
W. Bradford Hu officer: Executive Vice President 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
David C Phelan officer: EVP and General Counsel STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Julio A Portalatin director C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John B Rhea director C/O INVITATION HOMES INC., 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Andrew P Kuritzkes officer: EVP and Chief Risk Officer STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111