Towne Bank (TOWN)
26.55
+0.68
(+2.63%)
USD |
NASDAQ |
May 01, 16:00
26.53
-0.02
(-0.08%)
After-Hours: 20:00
Towne Bank Debt to Equity Ratio: 0.2254 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.2254 |
| September 30, 2023 | 0.1828 |
| June 30, 2023 | 0.5115 |
| March 31, 2023 | 0.3847 |
| December 31, 2022 | 0.1479 |
| September 30, 2022 | 0.1517 |
| June 30, 2022 | 0.2978 |
| March 31, 2022 | 0.2963 |
| December 31, 2021 | 0.2132 |
| September 30, 2021 | 0.2151 |
| June 30, 2021 | 0.2724 |
| March 31, 2021 | 0.2806 |
| December 31, 2020 | 0.3991 |
| September 30, 2020 | 0.566 |
| June 30, 2020 | 0.6765 |
| March 31, 2020 | 0.738 |
| December 31, 2019 | 0.4389 |
| September 30, 2019 | 0.3877 |
| June 30, 2019 | 0.4895 |
| March 31, 2019 | 0.6353 |
| December 31, 2018 | 0.6864 |
| September 30, 2018 | 0.7545 |
| June 30, 2018 | 0.7665 |
| March 31, 2018 | 0.7866 |
| December 31, 2017 | 0.6843 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.6854 |
| June 30, 2017 | 0.4747 |
| March 31, 2017 | 0.6307 |
| December 31, 2016 | 0.6395 |
| September 30, 2016 | 0.4007 |
| June 30, 2016 | 0.4768 |
| March 31, 2016 | 0.5187 |
| December 31, 2015 | 0.5291 |
| September 30, 2015 | 0.5418 |
| June 30, 2015 | 0.5511 |
| March 31, 2015 | 0.5081 |
| December 31, 2014 | 0.6539 |
| September 30, 2014 | 0.6595 |
| June 30, 2014 | 0.6621 |
| March 31, 2014 | 0.6756 |
| December 31, 2013 | 0.6855 |
| September 30, 2013 | 0.6839 |
| June 30, 2013 | 0.6913 |
| March 31, 2013 | 0.6792 |
| December 31, 2012 | 0.6873 |
| September 30, 2012 | 0.6953 |
| June 30, 2012 | 0.5184 |
| March 31, 2012 | 0.5249 |
| December 31, 2011 | 0.5713 |
| September 30, 2011 | 0.5773 |
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
0.1479
Minimum
Dec 2022
0.738
Maximum
Mar 2020
0.3618
Average
0.2978
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Banner Corp | 0.2351 |
| CVB Financial Corp | 0.956 |
| International Bancshares Corp | 0.0489 |
| Independent Bank Corp | 0.3555 |
| Bank OZK | 0.2481 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 16.84B |
| Total Liabilities (Quarterly) | 14.78B |
| Shareholders Equity (Quarterly) | 2.040B |
| Current Ratio | 99.24 |
| Net Debt Paydown Yield | -1.64% |