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Bay National (Bay National) Debt-to-Equity : -2.22 (As of Mar. 2010)


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What is Bay National Debt-to-Equity?

Bay National's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2010 was $0.00 Mil. Bay National's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2010 was $8.00 Mil. Bay National's Total Stockholders Equity for the quarter that ended in Mar. 2010 was $-3.60 Mil. Bay National's debt to equity for the quarter that ended in Mar. 2010 was -2.22.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bay National's Debt-to-Equity or its related term are showing as below:

BAYN's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.68
* Ranked among companies with meaningful Debt-to-Equity only.

Bay National Debt-to-Equity Historical Data

The historical data trend for Bay National's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bay National Debt-to-Equity Chart

Bay National Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.51 1.68 0.66 -8.07

Bay National Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.66 0.74 -8.07 -2.22

Competitive Comparison of Bay National's Debt-to-Equity

For the Banks - Regional subindustry, Bay National's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bay National's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bay National's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bay National's Debt-to-Equity falls into.



Bay National Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bay National's Debt to Equity Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Bay National's Debt to Equity Ratio for the quarter that ended in Mar. 2010 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bay National  (GREY:BAYN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Bay National Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Bay National's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Bay National (Bay National) Business Description

Traded in Other Exchanges
N/A
Address
2328 West Joppa Road, Lutherville, MD, USA, 21093
Bay National Corp is a bank holding company, which through National Bank, offers a complete range of commercial, private, cash management, retail, and residential mortgage banking services.

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