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Rhinebeck Bancorp (Rhinebeck Bancorp) Debt-to-Equity : 0.99 (As of Mar. 2024)


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What is Rhinebeck Bancorp Debt-to-Equity?

Rhinebeck Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $60.00 Mil. Rhinebeck Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $53.22 Mil. Rhinebeck Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $114.27 Mil. Rhinebeck Bancorp's debt to equity for the quarter that ended in Mar. 2024 was 0.99.

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

RBKB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.62   Max: 1.17
Current: 0.99

During the past 8 years, the highest Debt-to-Equity Ratio of Rhinebeck Bancorp was 1.17. The lowest was 0.18. And the median was 0.62.

RBKB's Debt-to-Equity is ranked worse than
64.21% of 1397 companies
in the Banks industry
Industry Median: 0.65 vs RBKB: 0.99

Rhinebeck Bancorp Debt-to-Equity Historical Data

The historical data trend for Rhinebeck 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.

Rhinebeck Bancorp Debt-to-Equity Chart

Rhinebeck Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.65 0.48 0.18 0.58 1.17

Rhinebeck Bancorp 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 1.01 1.04 0.87 1.17 0.99

Competitive Comparison of Rhinebeck Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Rhinebeck 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.


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

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

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



Rhinebeck Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Rhinebeck Bancorp's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Rhinebeck Bancorp  (NAS:RBKB) 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.


Rhinebeck Bancorp Debt-to-Equity Related Terms

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


Rhinebeck Bancorp (Rhinebeck Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2 Jefferson Plaza, Poughkeepsie, NY, USA, 12601
Rhinebeck Bancorp Inc is the holding company for Rhinebeck Bank which provides a full range of banking and financial services to consumer and commercial customers. Financial services, including investment advisory and financial product sales, are offered through a division of the Bank doing business as Rhinebeck Asset Management (RAM). The Bank's primary business activity is accepting deposits from the general public and using those funds to originate indirect automobile loans (automobile loans referred by automobile dealerships), commercial real estate loans (which include multi-family real estate loans and commercial construction loans), commercial business loans and one- to four-family residential real estate loans, and to purchase investment securities.
Executives
Jamie J. Bloom officer: Chief Operating Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Louis Jr. Tumolo director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Mark D. Malone officer: Chief Retail Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Michael J. Quinn director, officer: President & CEO 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Karen E. Morgan-d'amelio officer: CRO, Gen. Cnsl and Corp Sec. 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Philip J Bronzi officer: Chief Lending Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Michael J. Mcdermott officer: Chief Financial Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Mccardle James T. Iii officer: Chief Credit Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Francis X. Dwyer officer: President of Subsidiary 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Timmian Massie officer: Chief Mktg/Pub Aff Ofc 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Steven E Howell director 12 MAIN STREET, WALDEN NY 12586
William C. Irwin director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Christopher W. Chestney director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Freddimir Garcia director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Shannon Martin Lafrance director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601