MetroCity Bankshares Inc (MCBS)
34.72
+0.40
(+1.17%)
USD |
NASDAQ |
Nov 22, 10:42
MetroCity Bankshares Debt to Equity Ratio: 0.921 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.921 |
| June 30, 2024 | 0.9209 |
| March 31, 2024 | 0.8825 |
| December 31, 2023 | 0.8519 |
| September 30, 2023 | 0.8448 |
| June 30, 2023 | 0.872 |
| March 31, 2023 | 1.064 |
| December 31, 2022 | 1.074 |
| September 30, 2022 | 1.076 |
| June 30, 2022 | 1.162 |
| March 31, 2022 | 1.226 |
| December 31, 2021 | 1.724 |
| September 30, 2021 | 1.088 |
| June 30, 2021 | 0.7586 |
| March 31, 2021 | 0.3151 |
| December 31, 2020 | 0.4513 |
| September 30, 2020 | 0.4238 |
| June 30, 2020 | 0.362 |
| Date | Value |
|---|---|
| March 31, 2020 | 0.3714 |
| December 31, 2019 | 0.2913 |
| September 30, 2019 | 0.3248 |
| June 30, 2019 | 0.0194 |
| March 31, 2019 | 0.0216 |
| December 31, 2018 | 0.0252 |
| September 30, 2018 | 0.027 |
| June 30, 2018 | 0.0943 |
| March 31, 2018 | 0.3468 |
| December 31, 2017 | 0.9254 |
| September 30, 2017 | 0.9729 |
| June 30, 2017 | 0.4456 |
| March 31, 2017 | |
| December 31, 2016 | 1.063 |
| September 30, 2016 | 0.6729 |
| June 30, 2016 | 0.3574 |
| March 31, 2016 | 0.1634 |
| December 31, 2015 | 0.1725 |
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
0.2913
Minimum
Dec 2019
1.724
Maximum
Dec 2021
0.834
Average
0.8772
Median
Debt to Equity Ratio Benchmarks
| First Community Bankshares Inc | 0.00 |
| Bar Harbor Bankshares Inc | 0.5211 |
| Evans Bancorp Inc | 0.8569 |
| Park National Corp | 0.2477 |
| Tompkins Financial Corp | 0.7492 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.569B |
| Total Liabilities (Quarterly) | 3.162B |
| Shareholders Equity (Quarterly) | 407.18M |
| Current Ratio | 95.74 |
| Net Debt Paydown Yield | -1.28% |