Valuation check: ONBPP's debt-to-equity ratio is 0.98, below the Finance sector average of 2.4.
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Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.
As of the most recent data, ONBPP shows a debt-to-equity ratio of 0.98. That is below the Finance sector average of 2.4. Scroll down for historical charts and peer comparison views.
The Finance sector average debt-to-equity ratio is about 2.4. Old National Bancorp - 7% PRF PERPETUAL USD - Sr A Dp Rp 1/40 INT is at 0.98, which is lower that average. That is roughly 59.1% below the sector mean. Use the comparison chart on this page to see how ONBPP stacks up against individual peers as well.
Investors watch ONBPP's debt-to-equity ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Old National Bancorp - 7% PRF PERPETUAL USD - Sr A Dp Rp 1/40 INT's latest reading is 0.98. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this debt-to-equity ratio page, Stockcircle has Old National Bancorp - 7% PRF PERPETUAL USD - Sr A Dp Rp 1/40 INT's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect debt-to-equity ratio (currently 0.98) with ownership activity and broader fundamentals.
The Finance average debt-to-equity ratio is about 2.4, while ONBPP is at 0.98. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.