Southern States Bancshares Inc (SSBK)
36.29
-0.16
(-0.44%)
USD |
NASDAQ |
Nov 13, 16:00
36.29
0.00 (0.00%)
After-Hours: 20:00
Southern States Bancshares Debt to Equity Ratio: 0.4462 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.4462 |
| June 30, 2024 | 0.5936 |
| March 31, 2024 | 0.6585 |
| December 31, 2023 | 0.8544 |
| September 30, 2023 | 0.7259 |
| June 30, 2023 | 0.6665 |
| March 31, 2023 | 0.6927 |
| December 31, 2022 | 0.6455 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.5461 |
| June 30, 2022 | 0.4288 |
| March 31, 2022 | 0.4321 |
| December 31, 2021 | 0.217 |
| September 30, 2021 | 0.2261 |
| June 30, 2021 | 0.2981 |
| March 31, 2021 | 0.3069 |
| December 31, 2020 | 0.3083 |
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
0.217
Minimum
Dec 2021
0.8544
Maximum
Dec 2023
0.5029
Average
0.4961
Median
Debt to Equity Ratio Benchmarks
| Bar Harbor Bankshares Inc | 0.5366 |
| Evans Bancorp Inc | 0.8569 |
| Park National Corp | 0.2477 |
| Tompkins Financial Corp | 0.7492 |
| Blue Ridge Bankshares Inc | 0.6832 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.841B |
| Total Liabilities (Quarterly) | 2.570B |
| Shareholders Equity (Quarterly) | 271.37M |
| Current Ratio | 219.53 |
| Net Debt Paydown Yield | 0.68% |