Bank of Montreal (BMO.TO)
126.65
-0.23
(-0.18%)
CAD |
TSX |
Nov 01, 16:00
Bank of Montreal Debt to Equity Ratio: 3.057 for July 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| July 31, 2024 | 3.057 |
| April 30, 2024 | 3.234 |
| January 31, 2024 | 3.143 |
| October 31, 2023 | 3.184 |
| July 31, 2023 | 3.216 |
| April 30, 2023 | 3.048 |
| January 31, 2023 | 3.312 |
| October 31, 2022 | 3.094 |
| July 31, 2022 | 3.869 |
| April 30, 2022 | 3.142 |
| January 31, 2022 | 3.263 |
| October 31, 2021 | 3.252 |
| July 31, 2021 | 3.207 |
| April 30, 2021 | 3.187 |
| January 31, 2021 | 3.392 |
| October 31, 2020 | 3.262 |
| July 31, 2020 | 3.356 |
| April 30, 2020 | 3.603 |
| January 31, 2020 | 3.634 |
| October 31, 2019 | 3.820 |
| July 31, 2019 | 3.912 |
| April 30, 2019 | 3.652 |
| January 31, 2019 | 4.016 |
| October 31, 2018 | 3.582 |
| July 31, 2018 | 0.6516 |
| Date | Value |
|---|---|
| April 30, 2018 | 0.6673 |
| January 31, 2018 | 0.6997 |
| October 31, 2017 | 3.823 |
| July 31, 2017 | 0.6231 |
| April 30, 2017 | 0.5918 |
| January 31, 2017 | 0.6162 |
| October 31, 2016 | 3.693 |
| July 31, 2016 | 0.1097 |
| April 30, 2016 | 0.119 |
| January 31, 2016 | 0.1262 |
| October 31, 2015 | 0.6618 |
| July 31, 2015 | 0.116 |
| April 30, 2015 | 0.1235 |
| January 31, 2015 | 0.133 |
| October 31, 2014 | 0.7979 |
| July 31, 2014 | 0.1188 |
| April 30, 2014 | 0.1248 |
| January 31, 2014 | |
| October 31, 2013 | 0.8754 |
| July 31, 2013 | 0.1354 |
| April 30, 2013 | 0.1387 |
| January 31, 2013 | 0.1396 |
| October 31, 2012 | 1.032 |
| July 31, 2012 | 0.1468 |
| April 30, 2012 | 0.4706 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
3.048
Minimum
Apr 2023
3.869
Maximum
Jul 2022
3.287
Average
3.234
Median
Apr 2024
Debt to Equity Ratio Benchmarks
| National Bank of Canada | 2.738 |
| Canadian Western Bank | 1.601 |
| Bank of Nova Scotia | 3.684 |
| Royal Bank of Canada | 3.591 |
| Canadian Imperial Bank of Commerce | 3.349 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.400T |
| Total Liabilities (Quarterly) | 1.318T |
| Shareholders Equity (Quarterly) | 82.93B |
| Current Ratio | 1.308 |
| Net Debt Paydown Yield | -5.10% |