CFSB Bancorp (CFSB Bancorp) Debt-to-Equity : 0.26 (As of Dec. 2023)

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What is CFSB Bancorp Debt-to-Equity?

CFSB Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.10 Mil. CFSB Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.92 Mil. CFSB Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $75.80 Mil. CFSB Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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

CFSB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.26
Current: 0.15

During the past 4 years, the highest Debt-to-Equity Ratio of CFSB Bancorp was 0.26. The lowest was 0.00. And the median was 0.01.

CFSB's Debt-to-Equity is ranked better than
87.07% of 1392 companies
in the Banks industry
Industry Median: 0.67 vs CFSB: 0.15

CFSB Bancorp Debt-to-Equity Historical Data

The historical data trend for CFSB 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.

CFSB Bancorp Debt-to-Equity Chart

CFSB Bancorp Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.08

0.02

0.06

CFSB Bancorp Quarterly Data
	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											0.01	0.06	0.06	0.26	0.15

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

For the Banks - Regional subindustry, CFSB 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.

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

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

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

CFSB Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CFSB Bancorp's Debt to Equity Ratio for the fiscal year 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
	=	(3.675	+	0.962)	/	75.889
	=	0.06

CFSB 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
	=	(19.1	+	0.92)	/	75.795
	=	0.26

CFSB Bancorp (NAS:CFSB) 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.

CFSB Bancorp Debt-to-Equity Related Terms

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

CFSB Bancorp (CFSB Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Beach Street, Quincy, MA, USA, 02170

Website

https://www.colonialfed.com

CFSB Bancorp Inc provides banking services. It offers a variety of financial services to individuals and small businesses through its offices in Quincy, Holbrook, and Weymouth. Its primary deposit products are savings, checking, and term certificate accounts, and its primary lending product is residential mortgage loans. Its loan segment includes residential real estate, multi-family loans, commercial real estate, construction, Second mortgages and home equity lines of credit, Home Improvement, and consumer loans.

Executives

William R Esselystyn	officer: VP-Information Systems	15 BEACH STREET, QUINCY MA 02170
Susan Shea	officer: Treasurer and COO	15 BEACH STREET, QUINCY MA 02170
Michael E Mcfarland	director, officer: President and CEO	15 BEACH STREET, QUINCY MA 02170
Mary Kuropatkin	officer: VP-Retail Banking	15 BEACH STREET, QUINCY MA 02170
Kemal Denizkurt	officer: VP-Financial Markets	15 BEACH STREET, QUINCY MA 02170
Angela Blanchard	officer: VP-Retail Lending	15 BEACH STREET, QUINCY MA 02170
Paul N Baharian	director	15 BEACH STREET, QUINCY MA 02170
Beach, Mhc 15	10 percent owner	15 BEACH STREET, QUINCY MA 02170
Robert Guarnieri	director	15 BEACH STREET, QUINCY MA 02170
Edward J Keohane	director	15 BEACH STREET, QUINCY MA 02170
Tracy L Wilson	director	15 BEACH STREET, QUINCY MA 02170
O'leary James M Jr	director	15 BEACH STREET, QUINCY MA 02170
Stephen D Marini	director	15 BEACH STREET, QUINCY MA 02170

CFSB Bancorp (CFSB Bancorp) Headlines

From GuruFocus

CFSB BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER 2023 FINANCIAL RESULTS

By PRNewswire • 07-25-2023

CFSB Bancorp, Inc. Announces 2022 Second Quarter and Year to Date Financial Results

By PRNewswire PRNewswire • 02-11-2022