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Citizens Bancshares (Citizens Bancshares) Debt-to-Equity : 0.10 (As of Sep. 2016)


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What is Citizens Bancshares Debt-to-Equity?

Citizens Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $0.00 Mil. Citizens Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $5.22 Mil. Citizens Bancshares's Total Stockholders Equity for the quarter that ended in Sep. 2016 was $52.84 Mil. Citizens Bancshares's debt to equity for the quarter that ended in Sep. 2016 was 0.10.

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

CZBS's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.69
* Ranked among companies with meaningful Debt-to-Equity only.

Citizens Bancshares Debt-to-Equity Historical Data

The historical data trend for Citizens 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.

Citizens Bancshares Debt-to-Equity Chart

Citizens Bancshares Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.10

Citizens Bancshares Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.01 0.10 0.10 0.10 0.10

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

For the Banks - Regional subindustry, Citizens 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.


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

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

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



Citizens Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citizens Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Citizens Bancshares's Debt to Equity Ratio for the quarter that ended in Sep. 2016 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.


Citizens Bancshares  (OTCPK:CZBS) 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.


Citizens Bancshares Debt-to-Equity Related Terms

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


Citizens Bancshares (Citizens Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
230 Peachtree Street NW, Suite 2700, Atlanta, GA, USA, 30303
Citizens Bancshares Corp is a bank holding company. The company provides a range of commercial banking to individual and corporate customers through its subsidiary. The bank offers a range of commercial and consumer deposit accounts, including non-interest-bearing checking accounts, individual retirement accounts, time certificates of deposit and regular savings accounts. Citizens Bancshares engages in a range of lending activities, including consumer/installment loans, mortgage loans, home equity lines of credit, and construction loans and commercial loans.
Executives
Cynthia N Day director, officer: President & CEO 75 PIEDMONT AVE, ATLANTA GA 30303