49/100B89.665
USD
0.59
(0.66%)
Market Open
Last updated: · Delayed 15 min
Fair value64.88+38%40Price 89.67148
Q4 FY2026 · Earnings report
EPS estimate 1.62Revenue estimate 18.19B
Q4 FY2026 · Earnings report
EPS estimate 1.62Revenue estimate 18.19B
Fair value64.88+38%40Price 89.67148
Q4 FY2026 · Earnings report
EPS estimate 1.62Revenue estimate 18.19B
Q4 FY2026 · Earnings report
EPS estimate 1.62Revenue estimate 18.19B
HSBC Holdings debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
HSBC Holdings's debt to equity ratio is 2.39: total debt of 467.23B USD against shareholders' equity of 195.88B USD.
- Today
- 2.39
- Average, 5 years
- 1.16
- Low, 5 years
- 0.43
- High, 5 years
- 2.61
Debt to equity = total debt ÷ shareholders' equity = 467.23B ÷ 195.88B = 2.39
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 2.39 | 467.23B | 195.88B | |
| FY2025 | 31 Dec 2025 | 1.29 | 256.14B | 198.23B |
| FY2024 | 31 Dec 2024 | 1.31 | 242.35B | 184.97B |
| FY2023 | 31 Dec 2023 | 2.30 | 426.69B | 185.33B |
| FY2022 | 31 Dec 2022 | 1.15 | 204.24B | 177.83B |
| FY2021 | 31 Dec 2021 | 1.99 | 395.44B | 198.25B |
| FY2020 | 31 Dec 2020 | 1.93 | 378.87B | 196.44B |
| FY2019 | 31 Dec 2019 | 0.70 | 129.16B | 183.96B |
| FY2018 | 31 Dec 2018 | 0.58 | 107.78B | 186.25B |
| FY2017 | 31 Dec 2017 | 0.44 | 84.37B | 190.25B |
| FY2016 | 31 Dec 2016 | 0.50 | 86.90B | 175.39B |
| FY2015 | 31 Dec 2015 | 0.59 | 111.65B | 188.46B |
| FY2014 | 31 Dec 2014 | 0.64 | 122.61B | 190.45B |
| FY2013 | 31 Dec 2013 | 0.73 | 133.06B | 181.87B |
| FY2012 | 31 Dec 2012 | 0.85 | 148.94B | 175.24B |
| FY2011 | 31 Dec 2011 | 1.02 | 161.62B | 158.73B |
| FY2010 | 31 Dec 2010 | 1.94 | 285.98B | 147.67B |
| FY2009 | 31 Dec 2009 | 1.79 | 229.82B | 128.30B |
| FY2008 | 31 Dec 2008 | 2.23 | 209.13B | 93.59B |
| FY2007 | 31 Dec 2007 | 2.12 | 271.40B | 128.16B |
| FY2006 | 31 Dec 2006 | 2.33 | 253.00B | 108.35B |
| FY2005 | 31 Dec 2005 | 2.21 | 204.61B | 92.43B |
| FY2004 | 31 Dec 2004 | 2.48 | 211.72B | 85.52B |
| FY2003 | 31 Dec 2003 | 2.35 | 174.76B | 74.47B |
| FY2002 | 31 Dec 2002 | 1.02 | 53.34B | 52.41B |
| FY2001 | 31 Dec 2001 | 0.94 | 43.44B | 45.98B |
| FY2000 | 31 Dec 2000 | 0.36 | 24.23B | 68.06B |
| FY1999 | 31 Dec 1999 | 0.46 | 26.92B | 58.31B |
| FY1998 | 31 Dec 1998 | 0.40 | 18.06B | 45.63B |
| FY1997 | 31 Dec 1997 | 1.33 | 36.02B | 27.18B |
| FY1996 | 31 Dec 1996 | 0.97 | 25.30B | 26.01B |
| FY1995 | 31 Dec 1995 | 0.41 | 8.56B | 20.69B |
| FY1994 | 31 Dec 1994 | 0.48 | 8.14B | 16.87B |
| FY1993 | 31 Dec 1993 | 0.56 | 7.67B | 13.81B |
| FY1992 | 31 Dec 1992 | 0.51 | 6.20B | 12.15B |
| FY1991 | 31 Dec 1991 | 0.31 | 2.27B | 7.24B |
| FY1990 | 31 Dec 1990 | 0.33 | 2.28B | 6.89B |
| FY1989 | 31 Dec 1989 | 0.33 | 2.22B | 6.73B |
| FY1988 | 31 Dec 1988 | 0.49 | 2.29B | 4.63B |
| FY1987 | 31 Dec 1987 | 0.47 | 2.00B | 4.29B |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 2.39 | 467.23B | 195.88B |
| Q2 FY2026 | 30 Jun 2026 | 0.68 | 132.90B | 196.68B |
| Q1 FY2026 | 31 Mar 2026 | 0.52 | 101.74B | 196.82B |
| Q4 FY2025 | 31 Dec 2025 | 1.29 | 256.14B | 198.23B |
| Q3 FY2025 | 30 Sept 2025 | 0.51 | 98.24B | 191.43B |
| Q2 FY2025 | 30 Jun 2025 | 0.67 | 129.70B | 192.55B |
| Q1 FY2025 | 31 Mar 2025 | 0.52 | 100.05B | 190.81B |
| Q4 FY2024 | 31 Dec 2024 | 1.31 | 242.35B | 184.97B |
| Q3 FY2024 | 30 Sept 2024 | 2.49 | 479.71B | 192.75B |
| Q2 FY2024 | 30 Jun 2024 | 2.57 | 470.72B | 183.29B |
| Q1 FY2024 | 31 Mar 2024 | 2.61 | 498.09B | 191.19B |
| Q4 FY2023 | 31 Dec 2023 | 2.30 | 426.69B | 185.33B |
| Q3 FY2023 | 30 Sept 2023 | 0.49 | 89.11B | 182.72B |
| Q2 FY2023 | 30 Jun 2023 | 0.59 | 108.76B | 184.17B |
| Q1 FY2023 | 31 Mar 2023 | 0.45 | 85.35B | 190.10B |
| Q4 FY2022 | 31 Dec 2022 | 1.09 | 204.24B | 187.48B |
| Q3 FY2022 | 30 Sept 2022 | 0.49 | 87.53B | 177.66B |
| Q2 FY2022 | 30 Jun 2022 | 0.58 | 108.66B | 188.38B |
| Q1 FY2022 | 31 Mar 2022 | 0.43 | 85.33B | 196.29B |
| Q4 FY2021 | 31 Dec 2021 | 1.13 | 223.64B | 198.25B |
| Q3 FY2021 | 30 Sept 2021 | 0.42 | 82.90B | 198.14B |
| Q2 FY2021 | 30 Jun 2021 | 0.53 | 104.99B | 198.22B |
| Q1 FY2021 | 31 Mar 2021 | 0.48 | 96.04B | 199.21B |
| Q4 FY2020 | 31 Dec 2020 | 1.28 | 252.08B | 196.44B |
| Q3 FY2020 | 30 Sept 2020 | 0.53 | 102.41B | 191.90B |
| Q2 FY2020 | 30 Jun 2020 | 0.72 | 133.74B | 187.04B |
| Q1 FY2020 | 31 Mar 2020 | 0.52 | 99.41B | 189.77B |
| Q4 FY2019 | 31 Dec 2019 | 1.48 | 272.43B | 183.96B |
| Q3 FY2019 | 30 Sept 2019 | 0.52 | 98.49B | 189.52B |
| Q2 FY2019 | 30 Jun 2019 | 0.66 | 126.56B | 192.68B |
| Q1 FY2019 | 31 Mar 2019 | 0.53 | 99.04B | 188.36B |
| Q4 FY2018 | 31 Dec 2018 | 1.23 | 229.63B | 186.25B |
| Q3 FY2018 | 30 Sept 2018 | 0.44 | 82.10B | 185.35B |
| Q2 FY2018 | 30 Jun 2018 | 0.57 | 104.31B | 183.61B |
| Q1 FY2018 | 31 Mar 2018 | 0.36 | 71.48B | 195.92B |
| Q4 FY2017 | 31 Dec 2017 | 0.90 | 170.72B | 190.25B |
| Q3 FY2017 | 30 Sept 2017 | 0.31 | 59.74B | 191.01B |
| Q2 FY2017 | 30 Jun 2017 | 0.45 | 84.50B | 188.40B |
| Q1 FY2017 | 31 Mar 2017 | 0.37 | 66.88B | 178.78B |
| Q4 FY2016 | 31 Dec 2016 | 1.13 | 198.09B | 175.39B |
| Q3 FY2016 | 30 Sept 2016 | 0.38 | 71.65B | 188.11B |
| Q2 FY2016 | 30 Jun 2016 | 0.57 | 109.34B | 191.26B |
| Q1 FY2016 | 31 Mar 2016 | 0.52 | 99.09B | 191.57B |
| Q4 FY2015 | 31 Dec 2015 | 1.06 | 199.13B | 188.46B |
| Q3 FY2015 | 30 Sept 2015 | 0.50 | 96.11B | 192.50B |
| Q2 FY2015 | 30 Jun 2015 | 0.66 | 127.44B | 192.43B |
| Q1 FY2015 | 31 Mar 2015 | 0.56 | 105.38B | 187.14B |
| Q4 FY2014 | 31 Dec 2014 | 1.16 | 220.16B | 190.45B |
| Q3 FY2014 | 30 Sept 2014 | 0.47 | 90.23B | 193.60B |
| Q2 FY2014 | 30 Jun 2014 | 0.65 | 124.45B | 190.28B |
| Q1 FY2014 | 31 Mar 2014 | 0.56 | 102.40B | 183.95B |
| Q4 FY2013 | 31 Dec 2013 | 1.10 | 200.50B | 181.87B |
| Q3 FY2013 | 30 Sept 2013 | 0.64 | 114.31B | 179.05B |
| Q2 FY2013 | 30 Jun 2013 | 0.79 | 138.21B | 174.07B |
| Q1 FY2013 | 31 Mar 2013 | 0.67 | 117.26B | 175.34B |
| Q4 FY2012 | 31 Dec 2012 | 1.23 | 214.96B | 175.24B |
| Q3 FY2012 | 30 Sept 2012 | 0.66 | 114.11B | 171.63B |
| Q2 FY2012 | 30 Jun 2012 | 0.94 | 155.24B | 165.85B |
| Q1 FY2012 | 31 Mar 2012 | 0.83 | 136.56B | 163.71B |
| Q4 FY2011 | 31 Dec 2011 | — | — | — |
| Q3 FY2011 | 30 Sept 2011 | — | — | — |
| Q2 FY2011 | 30 Jun 2011 | 1.26 | 202.30B | 160.25B |
| Q1 FY2011 | 31 Mar 2011 | 0.00 | 0.00 | 152.55B |
| Q4 FY2010 | 31 Dec 2010 | 1.62 | 239.65B | 147.67B |
| Q2 FY2010 | 30 Jun 2010 | 2.06 | 280.65B | 135.94B |
| Q1 FY2010 | 31 Mar 2010 | — | — | — |
| Q4 FY2009 | 31 Dec 2009 | 1.79 | 229.82B | 128.30B |
| Q2 FY2009 | 30 Jun 2009 | 2.36 | 279.80B | 118.36B |
| Q4 FY2008 | 31 Dec 2008 | 2.78 | 260.16B | 93.59B |
| Q3 FY2008 | 30 Sept 2008 | — | — | — |
| Q2 FY2008 | 30 Jun 2008 | 2.06 | 261.78B | 126.79B |
| Q1 FY2008 | 31 Mar 2008 | — | — | — |
| Q4 FY2007 | 31 Dec 2007 | 2.56 | 328.01B | 128.16B |
| Q3 FY2007 | 30 Sept 2007 | — | — | — |
| Q2 FY2007 | 30 Jun 2007 | 2.11 | 252.74B | 119.78B |
| Q1 FY2007 | 31 Mar 2007 | — | — | — |
| Q4 FY2006 | 31 Dec 2006 | 2.77 | 300.00B | 108.35B |
| Q3 FY2006 | 30 Sept 2006 | — | — | — |
| Q2 FY2006 | 30 Jun 2006 | 2.27 | 229.71B | 101.38B |
| Q1 FY2006 | 31 Mar 2006 | — | — | — |
| Q4 FY2005 | 31 Dec 2005 | 2.35 | 217.16B | 92.43B |
| Q3 FY2005 | 30 Sept 2005 | — | — | — |
| Q2 FY2005 | 30 Jun 2005 | 2.27 | 196.68B | 86.71B |
| Q1 FY2005 | 31 Mar 2005 | — | — | — |
| Q4 FY2004 | 31 Dec 2004 | 2.71 | 235.08B | 86.62B |
| Q3 FY2004 | 30 Sept 2004 | — | — | — |
| Q2 FY2004 | 30 Jun 2004 | 1.27 | 98.01B | 77.07B |
| Q1 FY2004 | 31 Mar 2004 | — | — | — |
| Q4 FY2003 | 31 Dec 2003 | 2.35 | 174.76B | 74.47B |
| Q3 FY2003 | 30 Sept 2003 | — | — | — |
| Q2 FY2003 | 30 Jun 2003 | — | — | — |
| Q1 FY2003 | 31 Mar 2003 | — | — | — |
| Q4 FY2002 | 31 Dec 2002 | 1.02 | 53.34B | 52.41B |
| Q3 FY2002 | 30 Sept 2002 | — | — | — |
| Q2 FY2002 | 30 Jun 2002 | — | 0.00 | 0.00 |
| Q1 FY2002 | 31 Mar 2002 | — | — | — |
| Q4 FY2001 | 31 Dec 2001 | 0.94 | 43.44B | 45.98B |
| Q3 FY2001 | 30 Sept 2001 | — | — | — |
| Q2 FY2001 | 30 Jun 2001 | — | 0.00 | 0.00 |
| Q1 FY2001 | 31 Mar 2001 | — | — | — |
| Q4 FY2000 | 31 Dec 2000 | 0.36 | 24.23B | 68.06B |
| Q3 FY2000 | 30 Sept 2000 | — | — | — |
| Q2 FY2000 | 30 Jun 2000 | — | 0.00 | 0.00 |
| Q1 FY2000 | 31 Mar 2000 | — | — | — |
| Q4 FY1999 | 31 Dec 1999 | 0.46 | 26.92B | 58.31B |
| Q3 FY1999 | 30 Sept 1999 | — | — | — |
| Q2 FY1999 | 30 Jun 1999 | 1.26 | 40.03B | 31.64B |
| Q1 FY1999 | 31 Mar 1999 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,ROE (return on equity),Current ratio,All ratios
Common questions about HSBC Holdings's debt to equity
Source: Financial Modeling Prep