Sierra Bancorp (Sierra Bancorp) Debt-to-Equity : 1.32 (As of Dec. 2023)

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What is Sierra Bancorp Debt-to-Equity?

Sierra Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $360.5 Mil. Sierra Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $85.0 Mil. Sierra Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $338.1 Mil. Sierra Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 1.32.

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 Sierra Bancorp's Debt-to-Equity or its related term are showing as below:

BSRR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.41 Max: 1.32
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Sierra Bancorp was 1.32. The lowest was 0.18. And the median was 0.41.

BSRR's Debt-to-Equity is ranked better than
78.05% of 1394 companies
in the Banks industry
Industry Median: 0.68 vs BSRR: 0.25

Sierra Bancorp Debt-to-Equity Historical Data

The historical data trend for Sierra Bancorp'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.

Sierra Bancorp Debt-to-Equity Chart

Sierra Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.18

0.52

0.23

1.00

1.32

Sierra Bancorp 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															0.98	1.32	1.30	1.32	0.25

Competitive Comparison of Sierra Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Sierra Bancorp'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.

Sierra Bancorp's Debt-to-Equity Distribution in the Banks Industry

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

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

Sierra Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sierra Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(360.5	+	84.964)	/	338.097
	=	1.32

Sierra Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(360.5	+	84.964)	/	338.097
	=	1.32

Sierra Bancorp (NAS:BSRR) 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.

Sierra Bancorp Debt-to-Equity Related Terms

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

Sierra Bancorp (Sierra Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sierra Bancorp (NAS:BSRR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

86 North Main Street, P.O. Box 1930, Porterville, CA, USA, 93257

Website

https://www.sierrabancorp.com

Sierra Bancorp is a California-based bank holding company, which offers a range of retail and commercial banking services. it offers a wide range of deposit products and services for individuals and businesses including checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's lending activities cover real estate, commercial (including small business), mortgage warehouse, agricultural, and consumer loans, and also offers commercial construction loans and multifamily and agricultural credit facilities among other types of real estate loans.

Executives

Susan M Abundis	director	86 NORTH MAIN STREET, POTERVILLE CA 93257
Natalia M Coen	officer: EVP/CRO	86 NORTH MAIN STREET, PORTERVILLE CA 93257
Laurence S Dutto	director	86 N MAIN STREET, PORTERVILLE CA 93257
Gordon T Woods	director	200 E HENDERSON, PORTERVILLE CA 93258
Julie G Castle	director	86 NORTH MAIN STREET, PORTERVILLE CA 93257
Michele M Gil	director	86 NORTH MAIN STREET, PORTERVILLE CA 93257
James C Holly	director
Michael Olague	officer: EVP/Chief Banking Officer	86 N MAIN STREET, PORTERVILLE CA 93257
Cindy L Dabney	officer: SVP/Chief Accounting Officer	86 NORTH MAIN STREET, PORTERVILLE CA 93257
Ermina Karim	director	86 NORTH MAIN STREET, PORTERVILLE CA 93257
Lynda Scearcy	director	86 N. MAIN STREET, PORTERVILLE CA 93257
Jennifer Ann Johnson	officer: EVP/Chief Admin. Officer	7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Vonn R Christenson	director	86 N MAIN STREET, PORTERVILLE CA 93257
Christopher G Treece	officer: EVP/Chief Financial Officer	1331 17TH STREET, SUITE 200, DENVER CO 80202
Kevin J Mcphaill	officer: President/CEO	86 N MAIN STREET, PORTERVILLE CA 93257