Summit Financial Group Inc (SMMF)
25.91
-0.45
(-1.71%)
USD |
NASDAQ |
May 02, 16:00
25.91
0.00 (0.00%)
After-Hours: 18:55
Summit Financial Group Debt to Equity Ratio: 0.8508 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.8508 |
| December 31, 2023 | 0.9696 |
| September 30, 2023 | 0.9168 |
| June 30, 2023 | 0.8187 |
| March 31, 2023 | 0.7135 |
| December 31, 2022 | 0.9855 |
| September 30, 2022 | 1.160 |
| June 30, 2022 | 1.242 |
| March 31, 2022 | 0.7966 |
| December 31, 2021 | 0.8036 |
| September 30, 2021 | 0.5869 |
| June 30, 2021 | 0.6019 |
| March 31, 2021 | 0.6464 |
| December 31, 2020 | 0.6735 |
| September 30, 2020 | 0.6973 |
| June 30, 2020 | 0.4217 |
| March 31, 2020 | 0.7105 |
| December 31, 2019 | 0.8859 |
| September 30, 2019 | 0.9358 |
| June 30, 2019 | 1.042 |
| March 31, 2019 | 0.8837 |
| December 31, 2018 | 1.475 |
| September 30, 2018 | 1.188 |
| June 30, 2018 | 1.049 |
| March 31, 2018 | 1.026 |
| Date | Value |
|---|---|
| December 31, 2017 | 1.327 |
| September 30, 2017 | 1.106 |
| June 30, 2017 | 1.153 |
| March 31, 2017 | 1.603 |
| December 31, 2016 | 1.559 |
| September 30, 2016 | 1.644 |
| June 30, 2016 | 1.489 |
| March 31, 2016 | 1.182 |
| December 31, 2015 | 1.330 |
| September 30, 2015 | 1.180 |
| June 30, 2015 | 1.412 |
| March 31, 2015 | 1.260 |
| December 31, 2014 | 1.237 |
| September 30, 2014 | 1.383 |
| June 30, 2014 | 1.468 |
| March 31, 2014 | 1.291 |
| December 31, 2013 | 1.636 |
| September 30, 2013 | 1.591 |
| June 30, 2013 | 1.341 |
| March 31, 2013 | 1.163 |
| December 31, 2012 | 1.572 |
| September 30, 2012 | 2.433 |
| June 30, 2012 | 2.847 |
| March 31, 2012 | 3.06 |
| December 31, 2011 | 2.161 |
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
0.4217
Minimum
Jun 2020
1.242
Maximum
Jun 2022
0.823
Average
0.8112
Median
Debt to Equity Ratio Benchmarks
| Burke & Herbert Financial Services Corp | 1.127 |
| Bar Harbor Bankshares Inc | 0.7572 |
| Evans Bancorp Inc | 0.9892 |
| Park National Corp | 0.254 |
| Tompkins Financial Corp | 0.7824 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.643B |
| Total Liabilities (Quarterly) | 4.189B |
| Shareholders Equity (Quarterly) | 454.28M |
| Current Ratio | 2.221 |
| Net Debt Paydown Yield | -1.86% |