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


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What is First State Financial Debt-to-Equity?

First State Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. First State Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. First State Financial's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.09 Mil. First State 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 First State Financial's Debt-to-Equity or its related term are showing as below:

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

First State Financial Debt-to-Equity Historical Data

The historical data trend for First State 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.

First State Financial Debt-to-Equity Chart

First State Financial Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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First State Financial Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec18 Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 N/A - - - -

Competitive Comparison of First State Financial's Debt-to-Equity

For the Banks - Regional subindustry, First State 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.


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

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

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



First State Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

First State Financial's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


First State Financial  (OTCPK:FSTF) 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.


First State Financial Debt-to-Equity Related Terms

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


First State Financial (First State Financial) Business Description

Traded in Other Exchanges
N/A
Address
55 E Washington Street, Chicago, IL, USA, 60602
First State Financial operates nine branches in Florida's Sarasota and Pinellas counties. This friendly community bank offers small-business and consumer banking products. With only $480 million in assets, First State competes with the giants of the industry in the crowded Florida banking market.
Executives
Robert Jr Shell director 22 S LINKS AVENUE, SARASOTA FL 34236
John E Wilkinson director, officer: President and CEO 22 S LINKS AVENUE, SUITE 100, SARASOTA FL 34236-5939
Dennis Grinsteiner officer: Senior Vice President and CFO 22 S LINKS AVENUE, SARASOTA FL 34236
Coughlin Corey director, officer: President and CEO 22 S LINKS AVENUE, SARASOTA FL 34236
Robert Beymer director 22 S LINKS AVENUE, SARASOTA FL 34236
Neal Scaggs director 22 S LINKS AVENUE, SARASOTA FL 34236
Daniel Harrington director 22 S LINKS AVENUE, SARASOTA FL 34236
Thomas Wright director 22 S LINKS AVENUE, SARASOTA FL 34236
Marshall Reynolds director 22 S LINKS AVENUE, SARASOTA FL 34236

First State Financial (First State Financial) Headlines

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