Farmers and Merchants Bancshares Inc (MD) (FMFG)
16.00
-0.25
(-1.54%)
USD |
OTCM |
May 31, 16:00
Farmers and Merchants Bancshares Debt to Equity Ratio: 0.3343 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.3343 |
| December 31, 2023 | 0.349 |
| September 30, 2023 | 0.3871 |
| Date | Value |
|---|---|
| June 30, 2023 | 0.565 |
| March 31, 2023 | 0.4851 |
| December 31, 2022 | 0.7346 |
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
0.3343
Minimum
Mar 2024
0.7346
Maximum
Dec 2022
0.4759
Average
0.4361
Median
Debt to Equity Ratio Benchmarks
| Bar Harbor Bankshares Inc | 0.7385 |
| Evans Bancorp Inc | 0.9292 |
| Park National Corp | 0.254 |
| Tompkins Financial Corp | 0.7824 |
| Blue Ridge Bankshares Inc | 1.768 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 794.59M |
| Total Liabilities (Quarterly) | 741.52M |
| Shareholders Equity (Quarterly) | 53.08M |
| Current Ratio | 27.14 |
| Net Debt Paydown Yield | 6.57% |