Macatawa Bank Corp (MCBC)
14.32
-0.01
(-0.07%)
USD |
NASDAQ |
May 03, 10:44
Macatawa Bank Debt to Equity Ratio: 0.0683 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.0683 |
| December 31, 2023 | 0.1045 |
| September 30, 2023 | 0.1112 |
| June 30, 2023 | 0.1137 |
| March 31, 2023 | 0.1151 |
| December 31, 2022 | 0.1214 |
| September 30, 2022 | 0.1268 |
| June 30, 2022 | 0.1234 |
| March 31, 2022 | 0.3461 |
| December 31, 2021 | 0.3346 |
| September 30, 2021 | 0.337 |
| June 30, 2021 | 0.3248 |
| March 31, 2021 | 0.3739 |
| December 31, 2020 | 0.3778 |
| September 30, 2020 | 0.3875 |
| June 30, 2020 | 0.3951 |
| March 31, 2020 | 0.4053 |
| December 31, 2019 | 0.3707 |
| September 30, 2019 | 0.478 |
| June 30, 2019 | 0.4926 |
| March 31, 2019 | 0.5114 |
| December 31, 2018 | 0.5305 |
| September 30, 2018 | 0.6046 |
| June 30, 2018 | 0.5949 |
| March 31, 2018 | 0.6951 |
| Date | Value |
|---|---|
| December 31, 2017 | 0.7709 |
| September 30, 2017 | 0.6535 |
| June 30, 2017 | 0.7288 |
| March 31, 2017 | 0.8669 |
| December 31, 2016 | 0.773 |
| September 30, 2016 | 0.773 |
| June 30, 2016 | 0.9218 |
| March 31, 2016 | 0.8766 |
| December 31, 2015 | 0.9041 |
| September 30, 2015 | 0.9177 |
| June 30, 2015 | 0.9403 |
| March 31, 2015 | 0.9484 |
| December 31, 2014 | 0.9076 |
| September 30, 2014 | 0.9208 |
| June 30, 2014 | 0.9415 |
| March 31, 2014 | 0.9617 |
| December 31, 2013 | 0.9902 |
| September 30, 2013 | 0.9684 |
| June 30, 2013 | 1.002 |
| March 31, 2013 | 1.005 |
| December 31, 2012 | 1.032 |
| September 30, 2012 | 1.231 |
| June 30, 2012 | 1.664 |
| March 31, 2012 | 1.824 |
| December 31, 2011 | 2.028 |
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
0.0683
Minimum
Mar 2024
0.4926
Maximum
Jun 2019
0.2754
Average
0.3358
Median
Debt to Equity Ratio Benchmarks
| Wintrust Financial Corp | 0.7254 |
| Truist Financial Corp | 1.112 |
| UMB Financial Corp | 0.6926 |
| Bar Harbor Bankshares Inc | 0.7572 |
| Evans Bancorp Inc | 0.9292 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.615B |
| Total Liabilities (Quarterly) | 2.322B |
| Shareholders Equity (Quarterly) | 292.97M |
| Current Ratio | 43.00 |
| Net Debt Paydown Yield | 0.59% |