Alerus Financial Corp (ALRS)
22.27
+0.38
(+1.74%)
USD |
NASDAQ |
Nov 22, 09:32
Alerus Financial Debt to Equity Ratio: 0.6702 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.6702 |
| June 30, 2024 | 1.645 |
| March 31, 2024 | 1.652 |
| December 31, 2023 | 1.011 |
| September 30, 2023 | 0.7411 |
| June 30, 2023 | 0.1647 |
| March 31, 2023 | 0.1639 |
| December 31, 2022 | 1.224 |
| September 30, 2022 | 0.7505 |
| June 30, 2022 | 0.5983 |
| March 31, 2022 | 0.1789 |
| December 31, 2021 | 0.1634 |
| September 30, 2021 | 0.1662 |
| June 30, 2021 | 0.1704 |
| March 31, 2021 | 0.1781 |
| December 31, 2020 | 0.1766 |
| September 30, 2020 | 0.1809 |
| June 30, 2020 | 0.1904 |
| March 31, 2020 | 0.1981 |
| December 31, 2019 | 0.2034 |
| September 30, 2019 | 0.2064 |
| Date | Value |
|---|---|
| June 30, 2019 | 0.9368 |
| March 31, 2019 | 0.3475 |
| December 31, 2018 | 0.2943 |
| September 30, 2018 | 0.6948 |
| June 30, 2018 | 0.9181 |
| March 31, 2018 | 0.3213 |
| December 31, 2017 | 0.4888 |
| September 30, 2017 | 1.390 |
| June 30, 2017 | 1.066 |
| March 31, 2017 | 0.3397 |
| December 31, 2016 | 0.3413 |
| September 30, 2016 | 0.3501 |
| June 30, 2016 | 0.3628 |
| March 31, 2016 | 0.5223 |
| December 31, 2015 | 0.3795 |
| September 30, 2015 | 0.1716 |
| June 30, 2015 | |
| March 31, 2015 | |
| December 31, 2014 | 0.1256 |
| September 30, 2014 | |
| December 31, 2013 | 0.1411 |
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
0.1634
Minimum
Dec 2021
1.652
Maximum
Mar 2024
0.5214
Average
0.1943
Median
Debt to Equity Ratio Benchmarks
| Tompkins Financial Corp | 0.7492 |
| Univest Financial Corp | 0.4266 |
| 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) | 4.085B |
| Total Liabilities (Quarterly) | 3.698B |
| Shareholders Equity (Quarterly) | 386.49M |
| Current Ratio | 2.241 |
| Net Debt Paydown Yield | -8.84% |