Pinnacle Bankshares (Pinnacle Bankshares) Debt-to-Equity : 0.14 (As of Mar. 2024)

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What is Pinnacle Bankshares Debt-to-Equity?

Pinnacle Bankshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Pinnacle Bankshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $10.00 Mil. Pinnacle Bankshares's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $70.56 Mil. Pinnacle Bankshares's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

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

PPBN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 0.26
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Pinnacle Bankshares was 0.26. The lowest was 0.01. And the median was 0.16.

PPBN's Debt-to-Equity is ranked better than
87.8% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs PPBN: 0.14

Pinnacle Bankshares Debt-to-Equity Historical Data

The historical data trend for Pinnacle Bankshares'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.

Pinnacle Bankshares Debt-to-Equity Chart

Pinnacle Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.16

0.18

0.15

Pinnacle Bankshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.16	0.16	0.15	0.14

Competitive Comparison of Pinnacle Bankshares's Debt-to-Equity

For the Banks - Regional subindustry, Pinnacle Bankshares'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.

Pinnacle Bankshares's Debt-to-Equity Distribution in the Banks Industry

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

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

Pinnacle Bankshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pinnacle Bankshares'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	+	10)	/	68.405
	=	0.15

Pinnacle Bankshares'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	+	10)	/	70.558
	=	0.14

Pinnacle Bankshares (OTCPK:PPBN) 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.

Pinnacle Bankshares Debt-to-Equity Related Terms

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

Pinnacle Bankshares (Pinnacle Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pinnacle Bankshares Corp (OTCPK:PPBN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

622 Broad Street, Post Office Box 29, Altavista, VA, USA, 24517

Website

http://www.1stnatbk.com

Pinnacle Bankshares Corp is a bank holding company. It offers commercial and retail banking products and services including checking, savings and time deposits, individual retirement accounts, merchant bankcard processing, residential and commercial mortgages, loans, commercial lines of credit and letters of credit. The company also offers investment, insurance, and annuity products.

Executives

Judson H Dalton	director	C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
C Bryan Stott	director	C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
Hall Aubrey H Iii	officer: Executive Vice President	C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
A Patricia Merryman	director	C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
John L Waller	director
Thomas F Hall	director	PO BOX 1256, AMHERST VA 24521
Bryan M Lemley	officer: Chief Financial Officer	325 SMOKETREE LN, LYNCHBURG VA 24502
Carroll Shelton	director, officer: Senior Vice President
John P Erb	director
A Willard Arthur	director
William F Overacre	director
Gilliam Robert H Jr	director, officer: President and CEO
Michael E Watson	director
Burton James E Iv	director	1314 LEE JACKSON HWY, LYNCHBURG VA 24503