U.S. Bancorp (USB) Debt Metrics
Market Cap: $74.78B
Avg Volume: 7.91M
Industry: Banks - Regional
Sector: Financial Services
How much debt does U.S. Bancorp have?
According to U.S. Bancorp's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
U.S. Bancorp's total debt stands at $62.94B. This is broken down into:
- Long-term debt: $51.48B
- Short-term debt: $11.46B
The company's net debt, which accounts for cash and cash equivalents, is $1.74B. In terms of overall financial obligations, U.S. Bancorp's total liabilities amount to $607.72B.
Debt Ratios and Metrics
To better understand U.S. Bancorp's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.14 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 9.49% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.54 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 48.21% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 53.23% - this indicates the total debt in the company's capital structure.
These metrics provide insight into U.S. Bancorp's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$62.94B
Long-term Debt
$51.48B
Short-term Debt
$11.46B
Net Debt
$1.74B
Total Liabilities
$607.72B
Interest Coverage
0.54
Debt to Equity Ratio
1.14
Debt Ratio
9.49%
U.S. Bancorp Historical Debt Metrics
U.S. Bancorp Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
---|---|---|---|---|---|---|---|---|---|---|
2023 | $62.94B | $51.48B | $11.46B | $1.74B | $607.72B | 1.14 | 9.49% | 0.54 | 48.21% | 53.23% |
2022 | $71.05B | $39.83B | $31.22B | $17.50B | $623.57B | 1.40 | 10.53% | 3.27 | 43.96% | 58.32% |
2021 | $43.92B | $32.12B | $11.80B | $15.02B | $517.90B | 0.80 | 7.66% | 10.22 | 36.91% | 44.44% |
2020 | $53.06B | $41.30B | $11.77B | $-9.52B | $500.18B | 1.00 | 9.58% | 2.99 | 43.75% | 49.98% |
2019 | $63.89B | $40.17B | $23.72B | $41.48B | $442.94B | 1.23 | 12.90% | 1.93 | 43.65% | 55.20% |
2018 | $55.48B | $41.34B | $14.14B | $34.03B | $415.72B | 1.09 | 11.87% | 3.66 | 44.76% | 52.09% |
2017 | $48.91B | $32.26B | $16.65B | $29.41B | $412.37B | 1.00 | 10.59% | 4.63 | 39.68% | 49.93% |
2016 | $47.29B | $33.32B | $13.96B | $31.58B | $398.03B | 1.00 | 10.60% | 6.09 | 41.33% | 49.99% |
2015 | $59.95B | $32.08B | $27.88B | $48.81B | $375.04B | 1.30 | 14.21% | 6.91 | 41.02% | 56.52% |
2014 | $62.15B | $32.26B | $29.89B | $51.50B | $358.36B | 1.43 | 15.44% | 6.67 | 42.59% | 58.84% |