Quarterly leverage ratio of HSBC 2017-2023
From 2017 to 2023, the leverage ratio of HSBC experienced a consistent downward trend until the final two quarters of 2021, hitting its lowest point of the period at 5.2. Subsequently, the ratio climbed, reaching its peak in three successive quarters after the fourth quarter of 2022, attaining 5.8. It then decreased by 0.1, registering 5.7 in the third quarter of 2023. The leverage ratio reflects the proportion of capital sourced from debt.