Laurentian Bank of Canada (LB.TO)
27.30
+0.39
(+1.45%)
CAD |
TSX |
Nov 14, 16:00
Laurentian Bank of Canada Debt to Equity Ratio: 5.420 for July 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| July 31, 2024 | 5.420 |
| April 30, 2024 | 5.604 |
| January 31, 2024 | 5.200 |
| October 31, 2023 | 5.284 |
| July 31, 2023 | 5.281 |
| April 30, 2023 | 5.425 |
| January 31, 2023 | 5.259 |
| October 31, 2022 | 5.363 |
| July 31, 2022 | 5.422 |
| April 30, 2022 | 5.747 |
| January 31, 2022 | 5.428 |
| October 31, 2021 | 5.268 |
| July 31, 2021 | 4.945 |
| April 30, 2021 | 4.940 |
| January 31, 2021 | 5.172 |
| October 31, 2020 | 4.986 |
| July 31, 2020 | 3.76 |
| April 30, 2020 | 3.739 |
| January 31, 2020 | 3.605 |
| October 31, 2019 | 4.828 |
| July 31, 2019 | 3.253 |
| April 30, 2019 | 3.217 |
| January 31, 2019 | 3.062 |
| October 31, 2018 | 4.702 |
| July 31, 2018 | 3.286 |
| Date | Value |
|---|---|
| April 30, 2018 | 3.601 |
| January 31, 2018 | 3.578 |
| October 31, 2017 | 5.312 |
| July 31, 2017 | 4.100 |
| April 30, 2017 | 3.894 |
| January 31, 2017 | 3.725 |
| October 31, 2016 | 5.137 |
| July 31, 2016 | 3.427 |
| April 30, 2016 | 3.561 |
| January 31, 2016 | 3.693 |
| October 31, 2015 | 3.745 |
| July 31, 2015 | 3.493 |
| April 30, 2015 | 3.694 |
| January 31, 2015 | 3.449 |
| October 31, 2014 | 3.439 |
| July 31, 2014 | 3.477 |
| April 30, 2014 | 3.607 |
| January 31, 2014 | 3.626 |
| October 31, 2013 | 3.781 |
| July 31, 2013 | 3.673 |
| April 30, 2013 | 3.995 |
| January 31, 2013 | 3.660 |
| October 31, 2012 | 4.205 |
| July 31, 2012 | 4.107 |
| April 30, 2012 | 5.203 |
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
3.605
Minimum
Jan 2020
5.747
Maximum
Apr 2022
5.045
Average
5.268
Median
Oct 2021
Debt to Equity Ratio Benchmarks
| National Bank of Canada | 2.738 |
| Canadian Western Bank | 1.601 |
| Bank of Nova Scotia | 3.684 |
| Bank of Montreal | 3.057 |
| Royal Bank of Canada | 3.591 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 47.46B |
| Total Liabilities (Quarterly) | 44.67B |
| Shareholders Equity (Quarterly) | 2.794B |
| Current Ratio | 1.368 |
| Net Debt Paydown Yield | 5.08% |