These 5 Financial Stocks Carry Heavy Debt on Their Balance Sheet

The following five companies in the Financial sector have the highest debt-to-equity levels.  Note that this list excludes all companies who market capitalization is $500 million or less.

  1. Alliance Data Systems Corporation (NYSE:ADS):  The stock has traded in a 52-week range of $53.15 to $97 and most recently traded at $92.17 per share.  The company has total debt of $6.14 billion and a total debt to equity ratio of 12,037.84.  It has $300 million in cash, a current ratio that cannot be calculated (current assets are negligible), and a book value per share of $1.  The market capitalization is $4.71 billion.  About the company:  Alliance Data Systems Corporation provides card services, loyalty and marketing solutions, payment processing, and business process outsourcing services.  The Company provides such services to the retail, petroleum, utility, financial services, and hospitality markets.
  2. SLM Corporation (NYSE:SLM):  The stock has traded in a 52-week range of $9.85 to $16.86 and most recently traded at $16.26.  The company has $188.57 billion in debt and a total debt to equity ratio of 3,621.49.  It has $4.76 billion in cash, a current ratio of $5.49 and a book value per share of $8.81.  Its market capitalization is $8.57 billion.  About the company: SLM Corporation, commonly known as Sallie Mae, provides education funding, originating and servicing of US government guaranteed and private student loans.  The Company, through its subsidiaries, also provides debt management services and business and technical products to a range of clients including colleges, universities and loan guarantors.
  3. Nelnet, Inc. (NYSE:NNI):  The shares have traded in a 52-week range of $17.39 to $24.47 and most recently traded at $22.79 per share.  It has total debt of $24.70 billion and a total debt to equity ratio of 2,724.49.  It holds $45.38 million in cash, a current ratio of 84.58 and book value of $18.75 per share.  Its market capitalization is $1.1 billion.  About the company: Nelnet, Inc. is a consumer finance company that provides products and services to participants in the education finance process.  The Company originates, holds, and services education loans and offers a broad range of financial services and technology-based products, including student loan origination and lending, student loan, and guarantee services.
  4. Deutsche Bank AG (NYSE:DB):  The stock has traded in a 52-week range of $47.32 to $74.60 and most recently traded at $60.37.  The company has debt of $1.6 trillion its debt to equity ratio cannot be calculated (liabilities exceed assets).  Likewise, its current ratio cannot be calculated.  Its book value per share is $77.54 per share.  Its market capitalization is $55.8 billion.  About the company: Deutsche Bank AG is a global financial services provide delivering commercial, investment, private and retail banking.  The Bank offers debt, foreign exchange, derivatives, commodities, money markets, repo and securitization, cash equities, research, equity prime services, loans, convertibles, advice on M&A and IPOs, trade finance, retail banking, asset management and corporate investments.
  5. MF Global Holdings Ltd. (NYSE:MF):  The stock has traded in a 52-week range of $5.38 to $9.28 per share and most recently traded at $8.11 per share.  It has total debt of $20.63 billion and a total debt to equity ratio of 1,364.65.  It has $26.04 billion in cash, a current ratio of 0.75, and a book value per share of $8.34.  Its market capitalization is $1.32 billion.  About the company: MF Global Holdings, Ltd. provides execution and clearing services for exchange-traded and OTC derivative products, non-derivative foreign exchange products and securities in the cash market.

Looking for dividends: Financial Stocks Paying a Strong Dividend to Investors>>

    Note: Financial data is taken from Yahoo! Finance.  Selected other data is taken from Google Finance and publicly available SEC filings.  All data are assumed to be accurate.

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