Citizens Bancorp Investment (Citizens Bancorp Investment) Debt-to-Equity : 0.53 (As of Jun. 2023)

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What is Citizens Bancorp Investment Debt-to-Equity?

Citizens Bancorp Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Citizens Bancorp Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $66.57 Mil. Citizens Bancorp Investment's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $124.86 Mil. Citizens Bancorp Investment's debt to equity for the quarter that ended in Jun. 2023 was 0.53.

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

CBTN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.5 Max: 1.3
Current: 0.55

During the past 4 years, the highest Debt-to-Equity Ratio of Citizens Bancorp Investment was 1.30. The lowest was 0.27. And the median was 0.50.

CBTN's Debt-to-Equity is ranked better than
57.5% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs CBTN: 0.55

Citizens Bancorp Investment Debt-to-Equity Historical Data

The historical data trend for Citizens Bancorp Investment'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.

Citizens Bancorp Investment Debt-to-Equity Chart

Citizens Bancorp Investment Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.44

0.27

1.30

0.55

Citizens Bancorp Investment Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.37	1.30	0.73	0.53	0.55

Competitive Comparison of Citizens Bancorp Investment's Debt-to-Equity

For the Banks - Regional subindustry, Citizens Bancorp Investment'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.

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

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

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

Citizens Bancorp Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citizens Bancorp Investment'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
	=	(0	+	74.334)	/	134.23
	=	0.55

Citizens Bancorp Investment's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0	+	66.567)	/	124.863
	=	0.53

Citizens Bancorp Investment (OTCPK:CBTN) 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.

Citizens Bancorp Investment Debt-to-Equity Related Terms

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Citizens Bancorp Investment (Citizens Bancorp Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Bancorp Investment Inc (OTCPK:CBTN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Highway 52 West, P.O. Box 100, Lafayette, TN, USA, 37083

Website

https://www.citizens-bank.org

Citizens Bancorp Investment Inc is a commercial bank. The company offers services such as Online and Mobile Banking; Overdraft Privilege; Business Services; Mortgages; Agriculture and others.

Citizens Bancorp Investment (Citizens Bancorp Investment) Headlines

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