Texas Community Bancshares Inc (TCBS)
14.93
+0.13
(+0.88%)
USD |
NASDAQ |
Nov 22, 16:00
Texas Community Bancshares Debt to Equity Ratio: 1.199 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 1.199 |
| June 30, 2024 | 1.375 |
| March 31, 2024 | 1.487 |
| December 31, 2023 | 1.432 |
| September 30, 2023 | 1.491 |
| June 30, 2023 | 1.320 |
| March 31, 2023 | 1.124 |
| December 31, 2022 | 1.119 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.6295 |
| June 30, 2022 | 0.4717 |
| March 31, 2022 | 0.4658 |
| December 31, 2021 | 0.4585 |
| September 30, 2021 | 0.4637 |
| June 30, 2021 | 0.9384 |
| March 31, 2021 | 0.9512 |
| December 31, 2020 | 0.9633 |
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
0.4585
Minimum
Dec 2021
1.491
Maximum
Sep 2023
0.993
Average
1.041
Median
Debt to Equity Ratio Benchmarks
| Northrim BanCorp Inc | 0.091 |
| Southern First Bancshares Inc | 0.8112 |
| HarborOne Bancorp Inc | 0.9232 |
| Eastern Bankshares Inc | 0.0193 |
| Blue Foundry Bancorp | 1.027 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 446.02M |
| Total Liabilities (Quarterly) | 393.31M |
| Shareholders Equity (Quarterly) | 52.71M |
| Net Debt Paydown Yield | 3.74% |