Affinity Bancshares Inc (AFBI)
21.70
+0.24
(+1.12%)
USD |
NASDAQ |
Nov 22, 14:47
Affinity Bancshares Debt to Equity Ratio: 0.4581 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.4581 |
| June 30, 2024 | 0.4145 |
| March 31, 2024 | 0.4204 |
| December 31, 2023 | 0.3292 |
| September 30, 2023 | 0.1688 |
| June 30, 2023 | 0.1696 |
| March 31, 2023 | 0.4649 |
| December 31, 2022 | 0.0856 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.0868 |
| June 30, 2022 | 0.1734 |
| March 31, 2022 | 0.0859 |
| December 31, 2021 | 0.405 |
| September 30, 2021 | 0.4095 |
| June 30, 2021 | 0.417 |
| March 31, 2021 | 0.3391 |
| December 31, 2020 | 0.2985 |
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
0.0856
Minimum
Dec 2022
0.4649
Maximum
Mar 2023
0.2954
Average
0.3342
Median
Debt to Equity Ratio Benchmarks
| First Bancshares Inc | 0.3273 |
| Sterling Bancorp Inc | 0.00 |
| Bar Harbor Bankshares Inc | 0.5211 |
| Evans Bancorp Inc | 0.8569 |
| Park National Corp | 0.2477 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 878.56M |
| Total Liabilities (Quarterly) | 750.18M |
| Shareholders Equity (Quarterly) | 128.38M |
| Net Debt Paydown Yield | -5.65% |