GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mission Bancorp (OTCPK:MSBC) » Definitions » Debt-to-Equity

Mission Bancorp (Mission Bancorp) Debt-to-Equity : 0.29 (As of Sep. 2023)


View and export this data going back to . Start your Free Trial

What is Mission Bancorp Debt-to-Equity?

Mission Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Mission Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $41.85 Mil. Mission Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $144.67 Mil. Mission Bancorp's debt to equity for the quarter that ended in Sep. 2023 was 0.29.

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

MSBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 0.29   Max: 0.29
Current: 0.29

During the past 5 years, the highest Debt-to-Equity Ratio of Mission Bancorp was 0.29. The lowest was 0.29. And the median was 0.29.

MSBC's Debt-to-Equity is ranked better than
73.99% of 1392 companies
in the Banks industry
Industry Median: 0.67 vs MSBC: 0.29

Mission Bancorp Debt-to-Equity Historical Data

The historical data trend for Mission Bancorp'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.

Mission Bancorp Debt-to-Equity Chart

Mission Bancorp Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Debt-to-Equity
- - - - -

Mission Bancorp Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Sep22 Sep23
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 0.29

Competitive Comparison of Mission Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Mission Bancorp'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.

Mission Bancorp's Debt-to-Equity Distribution in the Banks Industry

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

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


Mission Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mission Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2006 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) / 14.566
=0.00

Mission Bancorp's Debt to Equity Ratio for the quarter that ended in Sep. 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 + 41.845) / 144.666
=0.29

* 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.

Mission Bancorp  (OTCPK:MSBC) 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.

Mission Bancorp Debt-to-Equity Related Terms

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

Mission Bancorp (Mission Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mission Bancorp (OTCPK:MSBC) » Definitions » Debt-to-Equity
Comparable Companies
CVLY SSBK PCB SFST LCNB NECB USCB BLFY ALPIB PLBC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
N/A
Address
1301 17th Street, Bakersfield, CA, USA, 93301
Website
http://www.missionbank.com
Mission Bancorp through its wholly owned subsidiary Mission Bank is a single bank holding company. The company offers a full range of commercial banking services primarily to the business and professional community and individuals.