Citizens & Northern Corp (CZNC)
18.09
+0.11
(+0.61%)
USD |
NASDAQ |
Apr 23, 10:25
Citizens & Northern Debt to Equity Ratio: 0.798 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.798 |
| September 30, 2023 | 0.7755 |
| June 30, 2023 | 0.7465 |
| March 31, 2023 | 0.8965 |
| December 31, 2022 | 0.7168 |
| September 30, 2022 | 0.397 |
| June 30, 2022 | 0.6364 |
| March 31, 2022 | 0.2474 |
| December 31, 2021 | 0.2513 |
| September 30, 2021 | 0.2884 |
| June 30, 2021 | 0.3024 |
| March 31, 2021 | 0.25 |
| December 31, 2020 | 0.2977 |
| September 30, 2020 | 0.5329 |
| June 30, 2020 | 0.3581 |
| March 31, 2020 | 0.4563 |
| December 31, 2019 | 0.5847 |
| September 30, 2019 | 0.3405 |
| June 30, 2019 | 0.3036 |
| March 31, 2019 | 0.1625 |
| December 31, 2018 | 0.2174 |
| September 30, 2018 | 0.1894 |
| June 30, 2018 | 0.2064 |
| March 31, 2018 | 0.2099 |
| December 31, 2017 | 0.3565 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.038 |
| June 30, 2017 | 0.0807 |
| March 31, 2017 | 0.1382 |
| December 31, 2016 | 0.1745 |
| September 30, 2016 | 0.1039 |
| June 30, 2016 | 0.1661 |
| March 31, 2016 | 0.162 |
| December 31, 2015 | 0.3219 |
| September 30, 2015 | 0.086 |
| June 30, 2015 | 0.144 |
| March 31, 2015 | 0.0634 |
| December 31, 2014 | 0.064 |
| September 30, 2014 | 0.0649 |
| June 30, 2014 | 0.0645 |
| March 31, 2014 | 0.0664 |
| December 31, 2013 | 0.1802 |
| September 30, 2013 | 0.0685 |
| June 30, 2013 | 0.1364 |
| March 31, 2013 | 0.0855 |
| December 31, 2012 | 0.0865 |
| September 30, 2012 | 0.6085 |
| June 30, 2012 | 0.6491 |
| March 31, 2012 | 0.6948 |
| December 31, 2011 | 0.2411 |
| September 30, 2011 | 0.9135 |
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
0.2474
Minimum
Mar 2022
0.8965
Maximum
Mar 2023
0.4832
Average
0.397
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Bar Harbor Bankshares Inc | 0.7673 |
| Evans Bancorp Inc | 0.9892 |
| Park National Corp | 0.3572 |
| Tompkins Financial Corp | 0.9006 |
| Blue Ridge Bankshares Inc | 1.343 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.516B |
| Total Liabilities (Quarterly) | 2.253B |
| Shareholders Equity (Quarterly) | 262.38M |
| Current Ratio | 7.296 |
| Net Debt Paydown Yield | -6.68% |