Sturgis Bancorp Inc (STBI)
16.07
-0.03
(-0.19%)
USD |
OTCM |
Jun 25, 16:00
Sturgis Bancorp Debt to Equity Ratio: 1.060 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 1.060 |
| December 31, 2023 | 0.9833 |
| September 30, 2023 | 0.4471 |
| June 30, 2023 | 0.6385 |
| March 31, 2023 | 0.4722 |
| December 31, 2022 | 1.632 |
| September 30, 2022 | 0.7831 |
| June 30, 2022 | 0.7847 |
| March 31, 2022 | 1.488 |
| December 31, 2021 | 1.977 |
| September 30, 2021 | 1.498 |
| June 30, 2021 | 1.529 |
| March 31, 2021 | 1.570 |
| December 31, 2020 | 1.615 |
| September 30, 2020 | 1.360 |
| Date | Value |
|---|---|
| June 30, 2020 | 3.027 |
| March 31, 2020 | 2.32 |
| December 31, 2019 | 1.606 |
| September 30, 2019 | 1.279 |
| June 30, 2019 | 1.301 |
| March 31, 2019 | 1.066 |
| December 31, 2018 | 1.097 |
| September 30, 2018 | 1.102 |
| June 30, 2018 | 0.8774 |
| March 31, 2018 | 0.9001 |
| December 31, 2017 | 0.9247 |
| September 30, 2017 | 1.733 |
| June 30, 2017 | 1.679 |
| March 31, 2017 | 1.425 |
| December 31, 2016 | 1.762 |
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
0.4471
Minimum
Sep 2023
3.027
Maximum
Jun 2020
1.368
Average
1.424
Median
Debt to Equity Ratio Benchmarks
| Bar Harbor Bankshares Inc | 0.7385 |
| 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) | 925.30M |
| Total Liabilities (Quarterly) | 872.58M |
| Shareholders Equity (Quarterly) | 52.72M |
| Current Ratio | 54.27 |
| Net Debt Paydown Yield | 16.59% |