Arrow Financial Corp (AROW)
22.69
+0.02
(+0.09%)
USD |
NASDAQ |
Apr 26, 13:51
Arrow Financial Debt to Equity Ratio: 0.1224 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.1224 |
| September 30, 2023 | 0.5397 |
| June 30, 2023 | 0.5307 |
| March 31, 2023 | 0.448 |
| December 31, 2022 | 0.2116 |
| September 30, 2022 | 0.1302 |
| June 30, 2022 | 0.1262 |
| March 31, 2022 | 0.126 |
| December 31, 2021 | 0.1751 |
| September 30, 2021 | 0.1805 |
| June 30, 2021 | 0.1841 |
| March 31, 2021 | 0.1898 |
| December 31, 2020 | 0.1944 |
| September 30, 2020 | 0.2149 |
| June 30, 2020 | 0.2203 |
| March 31, 2020 | 0.2262 |
| December 31, 2019 | 0.5966 |
| September 30, 2019 | 0.3354 |
| June 30, 2019 | 0.4672 |
| March 31, 2019 | 0.4682 |
| December 31, 2018 | 1.109 |
| September 30, 2018 | 0.7402 |
| June 30, 2018 | 0.7746 |
| March 31, 2018 | 0.2572 |
| December 31, 2017 | 0.7211 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.4415 |
| June 30, 2017 | 0.8183 |
| March 31, 2017 | 0.4532 |
| December 31, 2016 | 0.8503 |
| September 30, 2016 | 0.3272 |
| June 30, 2016 | 0.7854 |
| March 31, 2016 | 0.3398 |
| December 31, 2015 | 0.7337 |
| September 30, 2015 | 0.3552 |
| June 30, 2015 | 0.505 |
| March 31, 2015 | 0.3415 |
| December 31, 2014 | 0.45 |
| September 30, 2014 | 0.1499 |
| June 30, 2014 | 0.2733 |
| March 31, 2014 | 0.2057 |
| December 31, 2013 | 0.5453 |
| September 30, 2013 | 0.219 |
| June 30, 2013 | 0.5067 |
| March 31, 2013 | 0.2812 |
| December 31, 2012 | 0.4493 |
| September 30, 2012 | 0.2836 |
| June 30, 2012 | 0.2908 |
| March 31, 2012 | 0.2968 |
| December 31, 2011 | 0.613 |
| September 30, 2011 | 0.3678 |
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
0.1224
Minimum
Dec 2023
0.5966
Maximum
Dec 2019
0.2747
Average
0.2116
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Bar Harbor Bankshares Inc | 0.7572 |
| Evans Bancorp Inc | 0.9892 |
| Park National Corp | 0.254 |
| Tompkins Financial Corp | 0.9006 |
| Blue Ridge Bankshares Inc | 1.343 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.170B |
| Total Liabilities (Quarterly) | 3.790B |
| Shareholders Equity (Quarterly) | 379.77M |
| Current Ratio | 32.02 |
| Net Debt Paydown Yield | -0.06% |