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Dimeco (Dimeco) Debt-to-Equity : 0.51 (As of Dec. 2023)


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What is Dimeco Debt-to-Equity?

Dimeco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15.68 Mil. Dimeco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $34.47 Mil. Dimeco's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $98.58 Mil. Dimeco's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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

DIMC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47   Med: 0.92   Max: 1.01
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Dimeco was 1.01. The lowest was 0.47. And the median was 0.92.

DIMC's Debt-to-Equity is ranked better than
59.66% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs DIMC: 0.51

Dimeco Debt-to-Equity Historical Data

The historical data trend for Dimeco'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.

Dimeco Debt-to-Equity Chart

Dimeco Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A 0.93 0.47 0.91 0.51

Dimeco Quarterly Data
Jun12 Sep12 Dec12 Dec16 Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.43 0.91 0.76 1.11 0.51

Competitive Comparison of Dimeco's Debt-to-Equity

For the Banks - Regional subindustry, Dimeco'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.


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

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

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



Dimeco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Dimeco's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Dimeco  (OTCPK:DIMC) 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.


Dimeco Debt-to-Equity Related Terms

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


Dimeco (Dimeco) Business Description

Traded in Other Exchanges
N/A
Address
820 Church Street, P.O Box 509, Honesdale, PA, USA, 18431
Dimeco Inc is a United States-based holding company. It provides a range of lending, depository, and financial services to individuals and small to medium-sized businesses. The bank offers an array of financial services and solutions ranging from traditional products to electronic banking, and wealth management services. It also offers personal banking services, business banking services, loans, and credit facilities and others.
Executives
Henry M Skier director
Todd J Stephens director 820 CHURCH STREET, HONESDALE PA 18431
Gary C Beilman officer: Chief Executive Officer
Robert E Genirs director
Pete Bochnovich officer: Vice President
Barbara J Genzlinger director
John F Spall director
William E Schwarz director
Thomas A Peifer director
Maureen H Beilman officer: Chief Financial Officer
John S Kiesendahl director
Joseph J Murray officer: President

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