Industrial & Commercial Bank of China Debt/Equity
What is the Debt/Equity of Industrial & Commercial Bank of China?
The Debt/Equity of Industrial & Commercial Bank of China Ltd. is 10.84
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Finance sector on OTC compared to Industrial & Commercial Bank of China
What does Industrial & Commercial Bank of China do?
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, various corporate intermediary services, etc. The Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, personal wealth management, personal intermediary services, etc. The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions, as well as in the holding of derivative positions. The company also offers e-banking services, including Internet, telephone, and mobile banking services; and investment banking, fund and financial asset management, trust, financial leasing, broker dealer, securities margin and trading, insurance, and other financial services. It operates 16,653 institutions, including 16,227 domestic institutions and 426 overseas institutions. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.
Companies with debt/equity similar to Industrial & Commercial Bank of China
- Wintrust has Debt/Equity of 10.80
- Figeac Aéro SA has Debt/Equity of 10.81
- JPMorgan Chase & Co has Debt/Equity of 10.82
- Erste Bank AG has Debt/Equity of 10.83
- Evans Bancorp Inc has Debt/Equity of 10.83
- IF Bancorp Inc has Debt/Equity of 10.83
- Industrial & Commercial Bank of China has Debt/Equity of 10.84
- First US Bancshares Inc has Debt/Equity of 10.84
- Chesswood has Debt/Equity of 10.84
- River City Bank has Debt/Equity of 10.86
- Virtu Inc has Debt/Equity of 10.86
- Chinese Food and Beverage has Debt/Equity of 10.86
- 8i Enterprises Acquisition has Debt/Equity of 10.86