I believe an important criteria for valuing a company is the debt/equity ratio. However, in regard to banks in particular I find it's difficult to establish an accurate ratio for this. Would anyone care to shed some light on this?
Using CBA as the test case and the following data sources we see these discrepancies.
Shows Total debt/equity: N/A
Shows Total Debt to Equity: 354.01
And LT Debt to Equity: 24.42
1. What is the best global source to find an accurate debt/equity ratio?
2. How is the Reuters ratio to be read? Is CBA's debt 354 x it's equity?