Truist Financial Corp (TFC)
46.94
+0.76
(+1.65%)
USD |
NYSE |
Nov 21, 14:51
Truist Financial Debt to Equity Ratio: 0.7783 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.7783 |
| June 30, 2024 | 0.8818 |
| March 31, 2024 | 1.085 |
| December 31, 2023 | 1.01 |
| September 30, 2023 | 1.005 |
| June 30, 2023 | 1.032 |
| March 31, 2023 | 1.459 |
| December 31, 2022 | 1.040 |
| September 30, 2022 | 0.8321 |
| June 30, 2022 | 0.6154 |
| March 31, 2022 | 0.5563 |
| December 31, 2021 | 0.5551 |
| September 30, 2021 | 0.5827 |
| June 30, 2021 | 0.5992 |
| March 31, 2021 | 0.6136 |
| December 31, 2020 | 0.6215 |
| September 30, 2020 | 0.6505 |
| June 30, 2020 | 0.6712 |
| March 31, 2020 | 1.189 |
| December 31, 2019 | 0.8533 |
| September 30, 2019 | 1.114 |
| June 30, 2019 | 1.040 |
| March 31, 2019 | 1.007 |
| December 31, 2018 | 0.9507 |
| September 30, 2018 | 1.098 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.9287 |
| March 31, 2018 | 0.9365 |
| December 31, 2017 | 0.9642 |
| September 30, 2017 | 0.9654 |
| June 30, 2017 | 0.9199 |
| March 31, 2017 | 0.789 |
| December 31, 2016 | 0.7821 |
| September 30, 2016 | 0.8715 |
| June 30, 2016 | 0.8469 |
| March 31, 2016 | 0.9323 |
| December 31, 2015 | 0.8705 |
| September 30, 2015 | 0.9859 |
| June 30, 2015 | 1.064 |
| March 31, 2015 | 1.054 |
| December 31, 2014 | 1.092 |
| September 30, 2014 | 1.045 |
| June 30, 2014 | 1.065 |
| March 31, 2014 | 1.119 |
| December 31, 2013 | 1.024 |
| September 30, 2013 | 1.121 |
| June 30, 2013 | 1.007 |
| March 31, 2013 | 0.9926 |
| December 31, 2012 | 0.9862 |
| September 30, 2012 | 0.9386 |
| June 30, 2012 | 1.196 |
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
0.5551
Minimum
Dec 2021
1.459
Maximum
Mar 2023
0.8316
Average
0.8052
Median
Debt to Equity Ratio Benchmarks
| KeyCorp | 1.070 |
| U.S. Bancorp | 1.334 |
| JPMorgan Chase & Co | 1.332 |
| PNC Financial Services Group Inc | 1.222 |
| M&T Bank Corp | 0.4877 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 523.43B |
| Total Liabilities (Quarterly) | 457.74B |
| Shareholders Equity (Quarterly) | 65.70B |
| Current Ratio | 3.356 |
| Net Debt Paydown Yield | 5.09% |