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Generations Bancorp NY (Generations Bancorp NY) Debt-to-Equity : 0.69 (As of Mar. 2024)


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What is Generations Bancorp NY Debt-to-Equity?

Generations Bancorp NY's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.91 Mil. Generations Bancorp NY's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $22.56 Mil. Generations Bancorp NY's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $36.91 Mil. Generations Bancorp NY's debt to equity for the quarter that ended in Mar. 2024 was 0.69.

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

GBNY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.61   Max: 1.14
Current: 0.69

During the past 10 years, the highest Debt-to-Equity Ratio of Generations Bancorp NY was 1.14. The lowest was 0.27. And the median was 0.61.

GBNY's Debt-to-Equity is ranked worse than
51.83% of 1395 companies
in the Banks industry
Industry Median: 0.65 vs GBNY: 0.69

Generations Bancorp NY Debt-to-Equity Historical Data

The historical data trend for Generations Bancorp NY'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.

Generations Bancorp NY Debt-to-Equity Chart

Generations Bancorp NY Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.97 0.41 0.71 0.63

Generations Bancorp NY Quarterly Data
Jun09 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 0.27 0.53 0.70 0.63 0.69

Competitive Comparison of Generations Bancorp NY's Debt-to-Equity

For the Banks - Regional subindustry, Generations Bancorp NY'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.

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

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

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


Generations Bancorp NY Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Generations Bancorp NY'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 + 23.577) / 37.698
=0.63

Generations Bancorp NY'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
=(2.905 + 22.563) / 36.905
=0.69

* 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.

Generations Bancorp NY  (NAS:GBNY) 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.

Generations Bancorp NY Debt-to-Equity Related Terms

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

Generations Bancorp NY (Generations Bancorp NY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Generations Bancorp NY Inc (NAS:GBNY) » Definitions » Debt-to-Equity
Comparable Companies
CYSM VTYB ALBY WVFC CDAB CABT BBBK GNRV LKSB FBPA NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK XPAR:BNP ISX:BBCA NSE:SBIN USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
20 East Bayard Street, Seneca Falls, New York, NY, USA, 13148
Website
https://www.mygenbank.com
Generations Bancorp NY Inc is a stock holding company whose business consists of attracting retail deposits investing those in mortgage loans, manufactured home, real estate, home equity, commercial, construction, and multi-family loans. It has three segments community banking, insurance agency and municipal banking segments.
Executives
Bradford M Jones director, other: Chairman of the Board 19 CAYUGA STREET, SENECA FALLS NY 13148
Frank Nicchi director 19 CAYUGA STREET, SENECA FALLS NY 13148
Menzo D Case director, officer: President and CEO 19 CAYUGA STREET, SENECA FALLS NY 13148
Cynthia S Aikman director 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Derek M Dyson officer: SVP, Chief Information Officer 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Alicia H Pender director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Anthony G Cutrona officer: SVP, Growth & Profitability 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Angela M Krezmer officer: SVP and CFO 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kenneth Vincent Winn officer: SVP Credit Administration 220 LIBERTY STREET, WARSAW NY 14569
Gerald Macaluso director 19 CAYUGA STREET, SENECA FALLS NY 13148
August P Sinicropi director 19 CAYUGA STREET, SENECA FALLS NY 13148
Jose A Acevedo director 20 EAST BAYARD STREET, SENECA FALLS NY 13148
James Elsworth Gardner director 20 EAST BAYARD STREET, SENECA FALLS NY 13148