Summit State Bank (SSBI)
9.18
-0.21
(-2.24%)
USD |
NASDAQ |
May 03, 16:00
9.23
+0.05
(+0.54%)
After-Hours: 20:00
Summit State Bank Debt to Equity Ratio: 0.0606 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0606 |
| September 30, 2023 | 0.0633 |
| June 30, 2023 | 0.0626 |
| December 31, 2022 | 0.5297 |
| September 30, 2022 | 0.9429 |
| June 30, 2022 | 0.7618 |
| March 31, 2022 | 0.6498 |
| December 31, 2021 | 0.6453 |
| September 30, 2021 | 1.048 |
| June 30, 2021 | 0.6886 |
| March 31, 2021 | 0.7864 |
| December 31, 2020 | 0.7851 |
| September 30, 2020 | 0.9149 |
| June 30, 2020 | 0.9036 |
| March 31, 2020 | 1.102 |
| December 31, 2019 | 0.7642 |
| September 30, 2019 | 0.0881 |
| June 30, 2019 | 0.5431 |
| March 31, 2019 | 0.0742 |
| December 31, 2018 | 0.9233 |
| September 30, 2018 | 0.4711 |
| June 30, 2018 | 0.113 |
| March 31, 2018 | 0.1875 |
| December 31, 2017 | 0.2514 |
| September 30, 2017 | 0.5638 |
| Date | Value |
|---|---|
| June 30, 2017 | 1.109 |
| March 31, 2017 | 1.059 |
| December 31, 2016 | 1.175 |
| September 30, 2016 | 1.120 |
| June 30, 2016 | 0.925 |
| March 31, 2016 | 0.9184 |
| December 31, 2015 | 0.9734 |
| September 30, 2015 | 0.9125 |
| June 30, 2015 | 0.891 |
| March 31, 2015 | 0.5321 |
| December 31, 2014 | 0.5179 |
| September 30, 2014 | 0.4714 |
| June 30, 2014 | 0.5878 |
| March 31, 2014 | 0.5912 |
| December 31, 2013 | 0.787 |
| September 30, 2013 | 0.7051 |
| June 30, 2013 | 0.4589 |
| March 31, 2013 | 0.4729 |
| December 31, 2012 | 0.6362 |
| September 30, 2012 | 0.5471 |
| June 30, 2012 | 0.261 |
| March 31, 2012 | 0.3478 |
| December 31, 2011 | 0.2254 |
| September 30, 2011 | 0.1141 |
| June 30, 2011 | 0.213 |
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
0.0606
Minimum
Dec 2023
1.102
Maximum
Mar 2020
0.63
Average
0.7252
Median
Debt to Equity Ratio Benchmarks
| Bar Harbor Bankshares Inc | 0.7572 |
| Evans Bancorp Inc | 0.9292 |
| Park National Corp | 0.254 |
| Tompkins Financial Corp | 0.7824 |
| Blue Ridge Bankshares Inc | 1.768 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.123B |
| Total Liabilities (Quarterly) | 1.025B |
| Shareholders Equity (Quarterly) | 97.68M |
| Net Debt Paydown Yield | 14.04% |