GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Western Financial Inc (NAS:MYFW) » Definitions » Debt-to-Equity

First Western Financial (First Western Financial) Debt-to-Equity : 0.73 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is First Western Financial Debt-to-Equity?

First Western Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. First Western Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $178.05 Mil. First Western Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $242.74 Mil. First Western Financial's debt to equity for the quarter that ended in Dec. 2023 was 0.73.

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 First Western Financial's Debt-to-Equity or its related term are showing as below:

MYFW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.51   Max: 1.12
Current: 0.5

During the past 8 years, the highest Debt-to-Equity Ratio of First Western Financial was 1.12. The lowest was 0.13. And the median was 0.51.

MYFW's Debt-to-Equity is ranked better than
60.83% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs MYFW: 0.50

First Western Financial Debt-to-Equity Historical Data

The historical data trend for First Western Financial'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.

First Western Financial Debt-to-Equity Chart

First Western Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.13 1.12 0.36 0.83 0.73

First Western Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.31 1.51 1.27 0.73 0.50

Competitive Comparison of First Western Financial's Debt-to-Equity

For the Banks - Regional subindustry, First Western Financial'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.


First Western Financial's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where First Western Financial's Debt-to-Equity falls into.



First Western Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Western Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

First Western Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


First Western Financial  (NAS:MYFW) 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.


First Western Financial Debt-to-Equity Related Terms

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


First Western Financial (First Western Financial) Business Description

Traded in Other Exchanges
N/A
Address
1900 16th Street, Suite 1200, Denver, CO, USA, 80202
First Western Financial Inc is a financial holding company that provides a fully integrated suite of wealth management services on its private trust bank platform, which includes a comprehensive selection of deposit, loan, trust, wealth planning, and investment management products and services. it has two operating segments; The Wealth Management segment consists of operations relative to the Company's fully integrated wealth management products and services. Services provided include deposit, loan, insurance, and trust and investment management advisory products and services, and The Mortgage segment consists of operations relative to the Company's residential mortgage service offerings. the bank derives its majority revenue from the wealth management segment.
Executives
Jesica J. Montgomery officer: Principal Accounting Officer 1900 SIXTEENTH STREET, SUITE 500, DENVER CO 80202
David R. Weber officer: Chief Financial Officer 1900 SIXTEENTH STREET, SUITE 500, DENVER CO 80202
Matthew C. Cassell officer: Chief Banking Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
James Allen Scott officer: Chief Client Exp. Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Scott C Mitchell director 1900 16TH STREET, SUITE 1200, DENVER CO 80202
David R Duncan director 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Scott C Wylie director, 10 percent owner, officer: Chairman, CEO and President 1900 16TH STREET, SUITE 1200, DENVER CO 80202
John Emery Sawyer officer: Chief Investment Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Julie A Courkamp officer: Chief Financial Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Joseph C. Zimlich director 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Eric D Sipf director 1601 DRY CREEK DRIVE, LONGMONT CO 80503
Mark L Smith director 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Scott J Lawley officer: Chief Credit Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Cammie A Redpath officer: Chief Human Capital Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Daniel C Thompson officer: Regional Pres., Ariz./Calif. 1900 16TH STREET, SUITE 1200, DENVER CO 80202

First Western Financial (First Western Financial) Headlines