1st Cap Bancorp (1st Cap Bancorp) Debt-to-Equity : 0.84 (As of Mar. 2024)

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What is 1st Cap Bancorp Debt-to-Equity?

1st Cap Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. 1st Cap Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $54.83 Mil. 1st Cap Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $65.19 Mil. 1st Cap Bancorp's debt to equity for the quarter that ended in Mar. 2024 was 0.84.

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 1st Cap Bancorp's Debt-to-Equity or its related term are showing as below:

FISB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.27 Max: 1.2
Current: 0.84

During the past 10 years, the highest Debt-to-Equity Ratio of 1st Cap Bancorp was 1.20. The lowest was 0.07. And the median was 0.27.

FISB's Debt-to-Equity is ranked worse than
57.54% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs FISB: 0.84

1st Cap Bancorp Debt-to-Equity Historical Data

The historical data trend for 1st Cap 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.

1st Cap Bancorp Debt-to-Equity Chart

1st Cap Bancorp Annual Data

Trend

Dec08

Dec09

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.18

0.26

0.40

1st Cap Bancorp Quarterly Data
	Dec17	Dec18	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															1.20	0.26	0.27	0.40	0.84

Competitive Comparison of 1st Cap Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, 1st Cap 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.

1st Cap Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, 1st Cap Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 1st Cap Bancorp's Debt-to-Equity falls into.

1st Cap Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

1st Cap 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
	=	(0	+	24.814)	/	62.388
	=	0.40

1st Cap Bancorp's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	54.833)	/	65.19
	=	0.84

1st Cap Bancorp (OTCPK:FISB) 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.

1st Cap Bancorp Debt-to-Equity Related Terms

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1st Cap Bancorp (1st Cap Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » 1st Cap Bancorp (OTCPK:FISB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Main Street, Suite 150, Salinas, CA, USA, 93901

Website

https://www.1stcapital.bank

1st Cap Bancorp, formerly 1st Capital Bank operates as a community bank. It provides a wide range of credit products, including loans under various government programs such as those provided through the U.S. small business administration and the U.S. Department of agriculture. In addition, the bank also provides cash management services. The bank serves commercial enterprises, professionals, real estate investors, family business entities, and residents along the Central Coast Region of California.