Lakeland Bancorp Inc (LBAI)
12.52
-0.06
(-0.44%)
USD |
NASDAQ |
Apr 26, 16:00
12.52
0.00 (0.00%)
After-Hours: 20:00
Lakeland Bancorp Debt to Equity Ratio: 0.4407 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.4407 |
| December 31, 2023 | 0.4444 |
| September 30, 2023 | 0.4575 |
| June 30, 2023 | 0.1939 |
| March 31, 2023 | 0.1947 |
| December 31, 2022 | 0.1978 |
| September 30, 2022 | 0.2025 |
| June 30, 2022 | 0.2009 |
| March 31, 2022 | 0.201 |
| December 31, 2021 | 0.2467 |
| September 30, 2021 | 0.2605 |
| June 30, 2021 | 0.1733 |
| March 31, 2021 | 0.1865 |
| December 31, 2020 | 0.1876 |
| September 30, 2020 | 0.3362 |
| June 30, 2020 | 0.3675 |
| March 31, 2020 | 0.3514 |
| December 31, 2019 | 0.3916 |
| September 30, 2019 | 0.3982 |
| June 30, 2019 | 0.421 |
| March 31, 2019 | 0.4315 |
| December 31, 2018 | 0.4588 |
| September 30, 2018 | 0.4767 |
| June 30, 2018 | 0.504 |
| March 31, 2018 | 0.4789 |
| Date | Value |
|---|---|
| December 31, 2017 | 0.4749 |
| September 30, 2017 | 0.5223 |
| June 30, 2017 | 0.7349 |
| March 31, 2017 | 0.499 |
| December 31, 2016 | 0.6648 |
| September 30, 2016 | 0.7994 |
| June 30, 2016 | 0.7166 |
| March 31, 2016 | 0.7637 |
| December 31, 2015 | 0.632 |
| September 30, 2015 | 0.6932 |
| June 30, 2015 | 0.7777 |
| March 31, 2015 | 0.6802 |
| December 31, 2014 | 0.4579 |
| September 30, 2014 | 0.5931 |
| June 30, 2014 | 0.5852 |
| March 31, 2014 | 0.4457 |
| December 31, 2013 | 0.3137 |
| September 30, 2013 | 0.3382 |
| June 30, 2013 | 0.3446 |
| March 31, 2013 | 0.4458 |
| December 31, 2012 | 0.2725 |
| September 30, 2012 | 0.6209 |
| June 30, 2012 | 0.9003 |
| March 31, 2012 | 0.8775 |
| December 31, 2011 | 0.8943 |
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
0.1733
Minimum
Jun 2021
0.4575
Maximum
Sep 2023
0.2927
Average
0.2536
Median
Debt to Equity Ratio Benchmarks
| Provident Financial Services Inc | 1.220 |
| Sierra Bancorp | 0.2464 |
| Bar Harbor Bankshares Inc | 0.7572 |
| Evans Bancorp Inc | 0.9892 |
| Park National Corp | 0.254 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 10.96B |
| Total Liabilities (Quarterly) | 9.785B |
| Shareholders Equity (Quarterly) | 1.179B |
| Current Ratio | 1.923 |
| Net Debt Paydown Yield | -7.62% |