Linkbancorp (Linkbancorp) Debt-to-Equity : 0.44 (As of Mar. 2024)

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What is Linkbancorp Debt-to-Equity?

Linkbancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Linkbancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $117.60 Mil. Linkbancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $268.24 Mil. Linkbancorp's debt to equity for the quarter that ended in Mar. 2024 was 0.44.

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

LNKB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.52 Max: 1.41
Current: 0.44

During the past 4 years, the highest Debt-to-Equity Ratio of Linkbancorp was 1.41. The lowest was 0.03. And the median was 0.52.

LNKB's Debt-to-Equity is ranked better than
63.44% of 1395 companies
in the Banks industry
Industry Median: 0.65 vs LNKB: 0.44

Linkbancorp Debt-to-Equity Historical Data

The historical data trend for Linkbancorp'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.

Linkbancorp Debt-to-Equity Chart

Linkbancorp Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.03

0.23

0.52

0.33

Linkbancorp 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											0.58	1.41	0.57	0.33	0.44

Competitive Comparison of Linkbancorp's Debt-to-Equity

For the Banks - Regional subindustry, Linkbancorp'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.

Linkbancorp's Debt-to-Equity Distribution in the Banks Industry

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

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

Linkbancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Linkbancorp'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
	=	(10	+	78.498)	/	265.313
	=	0.33

Linkbancorp'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	+	117.602)	/	268.243
	=	0.44

Linkbancorp (NAS:LNKB) 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.

Linkbancorp Debt-to-Equity Related Terms

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

Linkbancorp (Linkbancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1250 Camp Hill Bypass, Suite 202, Camp Hill, PA, USA, 17011

Website

https://ir.linkbancorp.com

Linkbancorp Inc operates in the banking industry. It provides banking services for individuals and businesses such as commercial lending, non-profit banking, treasury management, deposits and loans.

Executives

Andrew S Samuel	director, officer: CEO and Vice Chairman	102 WEST BAKER STREET, PLANT CITY FL 33563
William Lloyd Jones	director	3045 MARKET STREET, CAMP HILL PA 17011
Diane Poillon	director	3045 MARKET STREET, CAMP HILL PA 17011
Debra Pierson	director	3045 MARKET STREET, CAMP HILL PA 17011
Tiffanie Horton	officer: Chief Credit Officer	3045 MARKET STREET, CAMP HILL PA 17011
Michetti Joseph C Jr	director	3045 MARKET STREET, CAMP HILL PA 17011
David H Koppenhaver	director	3045 MARKET STREET, CAMP HILL PA 17011
Kristen Snyder	director	3045 MARKET STREET, CAMP HILL PA 17011
Jennifer Delaye	director	3045 MARKET STREET, CAMP HILL PA 17011
Anson Flake	director	3045 MARKET STREET, CAMP HILL PA 17011
Brent S. Smith	director, officer: EVP	102 WEST BAKER STREET, PLANT CITY FL 33563
Kristofer A Paul	officer: Chief Financial Officer	3045 MARKET STREET, CAMP HILL PA 17011
William E Pommerening	director	102 WEST BAKER STREET, PLANT CITY FL 33563
Carl D Lundblad	officer: President and CRO	3045 MARKET STREET, CAMP HILL PA 17011
Steven I Tressler	director	3045 MARKET STREET, CAMP HILL PA 17011