Citba Financial (Citba Financial) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Citba Financial Debt-to-Equity?

Citba Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Citba Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Citba Financial's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $57.07 Mil. Citba Financial's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Citba Financial was 1.32. The lowest was 0.13. And the median was 0.49.

CBAF's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.65
* Ranked among companies with meaningful Debt-to-Equity only.

Citba Financial Debt-to-Equity Historical Data

The historical data trend for Citba Financial'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.

Citba Financial Debt-to-Equity Chart

Citba Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Citba Financial 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															-	-	-	-	-

Competitive Comparison of Citba Financial's Debt-to-Equity

For the Banks - Regional subindustry, Citba Financial'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.

Citba Financial's Debt-to-Equity Distribution in the Banks Industry

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

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

Citba Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citba Financial'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	+	0)	/	58.037
	=	0.00

Citba Financial'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	+	0)	/	57.073
	=	0.00

Citba Financial (OTCPK:CBAF) 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.

Citba Financial Debt-to-Equity Related Terms

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Citba Financial (Citba Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citba Financial Corp (OTCPK:CBAF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 North Indiana Street, Mooresville, IN, USA, 46158

Website

https://www.citizens-banking.com

Citba Financial Corp is a financial service provider. It functions through its wholly-owned subsidiary. The company is a bank holding company whose principal activity is the ownership and management of the Bank. It operates under a state bank charter and provides full banking services including personal and business banking facilities such as banking, checking, savings, business checking, business saving, and commercial loans. The Bank generates commercial, mortgage, and consumer loans and receives deposits from customers located in the United States. The Company generates revenues from Deposit Services and Card Services Income.

Citba Financial (Citba Financial) Headlines

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