Lakeland Financial Corp (LKFN)
61.68
+2.56
(+4.33%)
USD |
NASDAQ |
Apr 19, 16:00
61.68
0.00 (0.00%)
After-Hours: 20:00
Lakeland Financial Debt to Equity Ratio: 0.077 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.077 |
| September 30, 2023 | 0.1616 |
| June 30, 2023 | 0.6758 |
| March 31, 2023 | 0.3323 |
| December 31, 2022 | 0.4835 |
| September 30, 2022 | 0.00 |
| June 30, 2022 | 0.00 |
| March 31, 2022 | 0.1232 |
| December 31, 2021 | 0.1064 |
| September 30, 2021 | 0.1098 |
| June 30, 2021 | 0.1107 |
| March 31, 2021 | 0.1151 |
| December 31, 2020 | 0.1301 |
| September 30, 2020 | 0.1343 |
| June 30, 2020 | 0.1377 |
| March 31, 2020 | 0.141 |
| December 31, 2019 | 0.2843 |
| September 30, 2019 | 0.0529 |
| June 30, 2019 | 0.2316 |
| March 31, 2019 | 0.0569 |
| December 31, 2018 | 0.3852 |
| September 30, 2018 | 0.2225 |
| June 30, 2018 | 0.4234 |
| March 31, 2018 | 0.0654 |
| December 31, 2017 | 0.2368 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.0669 |
| June 30, 2017 | 0.5461 |
| March 31, 2017 | 0.2653 |
| December 31, 2016 | 0.4941 |
| September 30, 2016 | 0.0725 |
| June 30, 2016 | 0.0739 |
| March 31, 2016 | 0.1621 |
| December 31, 2015 | 0.257 |
| September 30, 2015 | 0.0801 |
| June 30, 2015 | 0.2821 |
| March 31, 2015 | 0.0835 |
| December 31, 2014 | 0.3763 |
| September 30, 2014 | 0.088 |
| June 30, 2014 | 0.4104 |
| March 31, 2014 | 0.1686 |
| December 31, 2013 | 0.5498 |
| September 30, 2013 | 0.337 |
| June 30, 2013 | 0.1007 |
| March 31, 2013 | 0.101 |
| December 31, 2012 | 0.1544 |
| September 30, 2012 | 0.1559 |
| June 30, 2012 | 0.1598 |
| March 31, 2012 | 0.1637 |
| December 31, 2011 | 0.1683 |
| September 30, 2011 | 0.1806 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Jun 2022
0.6758
Maximum
Jun 2023
0.1793
Average
0.1301
Median
Dec 2020
Debt to Equity Ratio Benchmarks
| Bar Harbor Bankshares Inc | 0.7673 |
| Evans Bancorp Inc | 0.9892 |
| Park National Corp | 0.3572 |
| Tompkins Financial Corp | 0.9006 |
| Blue Ridge Bankshares Inc | 1.343 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.524B |
| Total Liabilities (Quarterly) | 5.874B |
| Shareholders Equity (Quarterly) | 649.70M |
| Current Ratio | 59.04 |
| Net Debt Paydown Yield | -0.60% |