Grand River Commerce Inc (GNRV)
2.87
0.00 (0.00%)
USD |
OTCM |
May 03, 16:00
Grand River Commerce Debt to Equity Ratio: 1.143 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 1.143 |
| June 30, 2023 | 1.208 |
| March 31, 2023 | 0.793 |
| December 31, 2022 | 0.5263 |
| September 30, 2022 | 0.2827 |
| June 30, 2022 | 0.2772 |
| March 31, 2022 | 0.2823 |
| December 31, 2021 | 0.2755 |
| September 30, 2021 | 0.2777 |
| June 30, 2021 | 0.2842 |
| Date | Value |
|---|---|
| March 31, 2021 | 0.289 |
| December 31, 2020 | 0.2958 |
| September 30, 2020 | 0.2544 |
| June 30, 2020 | 0.2622 |
| March 31, 2020 | 0.2681 |
| December 31, 2019 | 0.2685 |
| September 30, 2019 | 0.2718 |
| June 30, 2019 | 0.2753 |
| March 31, 2019 | 0.2785 |
| December 31, 2018 | 0.2012 |
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
0.2544
Minimum
Sep 2020
1.208
Maximum
Jun 2023
0.4186
Average
0.28
Median
Debt to Equity Ratio Benchmarks
| Bar Harbor Bankshares Inc | 0.7572 |
| 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) | 550.03M |
| Total Liabilities (Quarterly) | 512.58M |
| Shareholders Equity (Quarterly) | 37.46M |
| Current Ratio | 11.64 |
| Net Debt Paydown Yield | -23.25% |