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Guaranty Bancshares (Guaranty Bancshares) Debt-to-Equity : 0.63 (As of Dec. 2023)


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What is Guaranty Bancshares Debt-to-Equity?

Guaranty Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.5 Mil. Guaranty Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $185.8 Mil. Guaranty Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $303.3 Mil. Guaranty Bancshares's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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 Guaranty Bancshares's Debt-to-Equity or its related term are showing as below:

GNTY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.52   Max: 1.15
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Guaranty Bancshares was 1.15. The lowest was 0.24. And the median was 0.52.

GNTY's Debt-to-Equity is ranked better than
67.12% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs GNTY: 0.40

Guaranty Bancshares Debt-to-Equity Historical Data

The historical data trend for Guaranty Bancshares'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.

Guaranty Bancshares Debt-to-Equity Chart

Guaranty Bancshares Annual Data
Trend Dec04 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.52 0.24 1.15 0.63

Guaranty Bancshares 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 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 1.30 0.86 0.76 0.63 0.40

Competitive Comparison of Guaranty Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Guaranty Bancshares'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.


Guaranty Bancshares's Debt-to-Equity Distribution in the Banks Industry

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

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



Guaranty Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

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

* 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.


Guaranty Bancshares  (NYSE:GNTY) 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.


Guaranty Bancshares Debt-to-Equity Related Terms

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


Guaranty Bancshares (Guaranty Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
16475 Dallas Parkway, Suite 600, Addison, TX, USA, 75001
Guaranty Bancshares Inc is a bank holding company conducting banking activities through its wholly-owned subsidiary. The company provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management products and services that are tailored to meet the needs of small and medium-sized businesses, professionals, and individuals. It also provides other services such as Credit cards, Personal Loans, Account Management, Business Checking, Treasury Management, Business savings, and other related services. The company generates its revenue from interest on loans and investments, customer service and loan fees, fees related to the sale of mortgage loans, and trust and wealth management services.
Executives
James S. Bunch director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Jeffrey W Brown director 1400 LAKE HEARN DR, ATLANTA GA 30319
Lisa S. Gallerano officer: VP and General Counsel 16475 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Shalene A. Jacobson officer: Senior VP & Chief Risk Officer 16475 DALLAS PKWY, SUITE 100, ADDISON TX 75001
Charles A. Cowell officer: Chm. & EVP-Guaranty Bank&Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Richard W. Baker director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Sondra Cunningham director P.O. BOX 1158, MT. PLEASANT TX 75455
William Travis Brown officer: Austin Area Chairman P.O. BOX 1158, MT. PLEASANT TX 75455
Tyson T Abston director, officer: Chairman and CEO 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Molly Curl director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Martin C Bell officer: EVP - Guaranty Bank & Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Randall R. Kucera officer: VP and General Counsel 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Robert P. Sharp officer: EVP - Guaranty Bank & Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
William D. Priefert director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Daniel J. Muskrat officer: EVP & CIO-Guaranty Bank&Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455