Bancorp 34 (Bancorp 34) Debt-to-Equity : 0.92 (As of Dec. 2023)

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What is Bancorp 34 Debt-to-Equity?

Bancorp 34's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Bancorp 34's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $55.61 Mil. Bancorp 34's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $60.72 Mil. Bancorp 34's debt to equity for the quarter that ended in Dec. 2023 was 0.92.

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 Bancorp 34's Debt-to-Equity or its related term are showing as below:

BCTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.89 Max: 1.44
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of Bancorp 34 was 1.44. The lowest was 0.40. And the median was 0.89.

BCTF's Debt-to-Equity is ranked worse than
60.52% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs BCTF: 0.92

Bancorp 34 Debt-to-Equity Historical Data

The historical data trend for Bancorp 34'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.

Bancorp 34 Debt-to-Equity Chart

Bancorp 34 Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.89

0.44

1.08

0.64

0.92

Bancorp 34 Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Dec21	Sep22	Dec22	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.08	N/A	0.64	0.74	0.92

Competitive Comparison of Bancorp 34's Debt-to-Equity

For the Banks - Regional subindustry, Bancorp 34'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.

Bancorp 34's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bancorp 34's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bancorp 34's Debt-to-Equity falls into.

Bancorp 34 Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bancorp 34'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	+	55.606)	/	60.721
	=	0.92

Bancorp 34's Debt to Equity Ratio for the quarter 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	+	55.606)	/	60.721
	=	0.92

Bancorp 34 (OTCPK:BCTF) 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.

Bancorp 34 Debt-to-Equity Related Terms

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Bancorp 34 (Bancorp 34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bancorp 34 Inc (OTCPK:BCTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 East 10th Street, Suite 100, Alamogordo, NM, USA, 88310

Website

https://www.bank34.com

Bancorp 34 Inc provides a variety of banking services to individuals and businesses through its branches. Its products and services are demand deposits, certificates of deposits, savings and money market accounts, commercial loans, real estate mortgage loans and credit and merchant cards and e-banking. The bank operates banking centers in Alamogordo, Las Cruces, New Mexico, Scottsdale, Arizona, and Peoria.

Executives

James Crotty	officer: Co-President and CEO	500 EAST 10TH STREET, SUITE 100, ALAMOGORDO NM 88310
Elaine E. Ralls	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Van Winkle Don P.	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Wortham A. Cook	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
James D. Harris	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Randal L. Rabon	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
William P. Kauper	officer: President/Dir Corp Development	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jan R Thiry	officer: President and CEO	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jill Gutierrez	director, officer: CEO	500 EAST 10TH STREET, ALAMOGORDO NM 88310
William F. Burt	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310