GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oakworth Capital Inc (OTCPK:OAKC) » Definitions » Debt-to-Equity

Oakworth Capital (Oakworth Capital) Debt-to-Equity : 0.30 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Oakworth Capital Debt-to-Equity?

Oakworth Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Oakworth Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $34.23 Mil. Oakworth Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $114.04 Mil. Oakworth Capital's debt to equity for the quarter that ended in Mar. 2024 was 0.30.

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

OAKC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.45   Max: 0.68
Current: 0.3

During the past 6 years, the highest Debt-to-Equity Ratio of Oakworth Capital was 0.68. The lowest was 0.30. And the median was 0.45.

OAKC's Debt-to-Equity is ranked better than
72.96% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs OAKC: 0.30

Oakworth Capital Debt-to-Equity Historical Data

The historical data trend for Oakworth Capital'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.

Oakworth Capital Debt-to-Equity Chart

Oakworth Capital Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial - - - 0.45 0.43

Oakworth Capital Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 0.68 0.66 0.66 0.43 0.30

Competitive Comparison of Oakworth Capital's Debt-to-Equity

For the Banks - Regional subindustry, Oakworth Capital'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.


Oakworth Capital's Debt-to-Equity Distribution in the Banks Industry

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

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



Oakworth Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Oakworth Capital'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.


Oakworth Capital  (OTCPK:OAKC) 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.


Oakworth Capital Debt-to-Equity Related Terms

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


Oakworth Capital (Oakworth Capital) Business Description

Traded in Other Exchanges
N/A
Address
850 Shades Creek Parkway, Suite 300, Mountain Brook, AL, USA, 35209
Oakworth Capital Inc provides commercial and private banking, wealth management and advisory services to successful businesses, families and individuals. It serves clients across the United States from its offices in Birmingham and Mobile, Alabama, and Nashville, Tennessee.