Business First Bancshares (FRA:828) Debt-to-Equity : 0.64 (As of Mar. 2024)

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What is Business First Bancshares Debt-to-Equity?

Business First Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. Business First Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €380.1 Mil. Business First Bancshares's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €597.1 Mil. Business First Bancshares's debt to equity for the quarter that ended in Mar. 2024 was 0.64.

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

FRA:828' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.44 Max: 1.37
Current: 0.64

During the past 9 years, the highest Debt-to-Equity Ratio of Business First Bancshares was 1.37. The lowest was 0.20. And the median was 0.44.

FRA:828's Debt-to-Equity is ranked better than
50.72% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs FRA:828: 0.64

Business First Bancshares Debt-to-Equity Historical Data

The historical data trend for Business First 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.

Business First Bancshares Debt-to-Equity Chart

Business First Bancshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.21

0.39

0.91

0.96

Business First Bancshares 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															1.37	1.28	1.03	0.96	0.64

Competitive Comparison of Business First Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Business First 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.

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

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

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

Business First Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Business First Bancshares'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	+	565.044)	/	590.786
	=	0.96

Business First Bancshares'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	+	380.088)	/	597.111
	=	0.64

Business First Bancshares (FRA:828) 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.

Business First Bancshares Debt-to-Equity Related Terms

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

Business First Bancshares (FRA:828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Business First Bancshares Inc (FRA:828) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BFST:USA

Address

500 Laurel Street, Suite 101, Baton Rouge, LA, USA, 70801

Website

https://www.b1bank.com

Business First Bancshares Inc is a United States-based bank holding company. The company's services include personal and commercial banking, treasury management, and wealth solutions. It provides a range of financial services to small-to-midsized businesses and professionals. The company generates most of its revenues from interest income on loans, customer service and loan fees, and interest income from securities.

Business First Bancshares (FRA:828) Headlines

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