ChoiceOne Financial Services Inc (COFS)
33.29
+0.78
(+2.40%)
USD |
NASDAQ |
Nov 05, 10:20
ChoiceOne Financial Services Debt to Equity Ratio: 0.9917 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.9917 |
| June 30, 2024 | 1.145 |
| March 31, 2024 | 1.188 |
| December 31, 2023 | 1.204 |
| September 30, 2023 | 1.189 |
| June 30, 2023 | 1.090 |
| March 31, 2023 | 0.7132 |
| December 31, 2022 | 0.5049 |
| September 30, 2022 | 0.2247 |
| June 30, 2022 | 0.2532 |
| March 31, 2022 | 0.1835 |
| December 31, 2021 | 0.3835 |
| September 30, 2021 | 0.1553 |
| June 30, 2021 | 0.0253 |
| March 31, 2021 | 0.0302 |
| December 31, 2020 | 0.0546 |
| September 30, 2020 | 0.0594 |
| June 30, 2020 | 0.0502 |
| March 31, 2020 | 0.1184 |
| December 31, 2019 | 0.1728 |
| September 30, 2019 | 0.0024 |
| June 30, 2019 | 0.0609 |
| March 31, 2019 | 0.2446 |
| December 31, 2018 | 0.065 |
| September 30, 2018 | 0.211 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.2655 |
| March 31, 2018 | 0.1357 |
| December 31, 2017 | 0.2648 |
| September 30, 2017 | 0.3968 |
| June 30, 2017 | 0.3215 |
| March 31, 2017 | 0.3314 |
| December 31, 2016 | 0.1716 |
| September 30, 2016 | 0.5071 |
| June 30, 2016 | 0.626 |
| March 31, 2016 | 0.1726 |
| December 31, 2015 | 0.1623 |
| September 30, 2015 | 0.0984 |
| June 30, 2015 | 0.468 |
| March 31, 2015 | 0.308 |
| December 31, 2014 | 0.2774 |
| September 30, 2014 | 0.3129 |
| June 30, 2014 | 0.2247 |
| March 31, 2014 | 0.1022 |
| December 31, 2013 | 0.1038 |
| September 30, 2013 | 0.1546 |
| June 30, 2013 | 0.2048 |
| March 31, 2013 | 0.0067 |
| December 31, 2012 | 0.0069 |
| September 30, 2012 | 0.0899 |
| June 30, 2012 | 0.0915 |
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
0.0253
Minimum
Jun 2021
1.204
Maximum
Dec 2023
0.4868
Average
0.2389
Median
Debt to Equity Ratio Benchmarks
| Union Bankshares Inc | 4.112 |
| Wesbanco Inc | 0.5191 |
| ACNB Corp | 0.9555 |
| Citizens Financial Services Inc | 0.7759 |
| Bar Harbor Bankshares Inc | 0.5366 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.726B |
| Total Liabilities (Quarterly) | 2.478B |
| Shareholders Equity (Quarterly) | 247.75M |
| Current Ratio | 3.119 |
| Net Debt Paydown Yield | -3.63% |