Pacific Financial (Pacific Financial) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is Pacific Financial Debt-to-Equity?

Pacific Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Pacific Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $13.40 Mil. Pacific Financial's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $114.73 Mil. Pacific Financial's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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

PFLC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.14 Max: 0.34
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Pacific Financial was 0.34. The lowest was 0.12. And the median was 0.14.

PFLC's Debt-to-Equity is ranked better than
88.79% of 1392 companies
in the Banks industry
Industry Median: 0.65 vs PFLC: 0.12

Pacific Financial Debt-to-Equity Historical Data

The historical data trend for Pacific 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.

Pacific Financial Debt-to-Equity Chart

Pacific Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.14

0.13

0.14

Pacific 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															0.12	0.12	0.13	0.14	0.12

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

For the Banks - Regional subindustry, Pacific 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.

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

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

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

Pacific Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pacific 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	+	15.97)	/	114.691
	=	0.14

Pacific 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	+	13.403)	/	114.725
	=	0.12

Pacific Financial (OTCPK:PFLC) 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.

Pacific Financial Debt-to-Equity Related Terms

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

Pacific Financial (Pacific Financial) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1216 Skyview Drive, Aberdeen, WA, USA, 98520

Website

https://www.bankofthepacific.com

Pacific Financial Corp is active in the financial services domain as a bank holding company of the Bank of the Pacific, based in the United States. Its business also includes loan production and real estate mortgage provision. Its commercial banking division caters through services such as business checking, business savings and certificates of deposits, business loans, treasury management and commercial real estate loans, while its personal banking services comprise of checking solutions, savings solutions, consumer loans and lines of credit.

Executives

Kristi Gundersen	director	PO BOX 1826, ABERDEEN WA 98520
Daniel J. Tupper	director	PO BOX 1826, ABERDEEN WA 98520
Loretta B Reece	director	PO BOX 1826, ABERDEEN WA 98520
Douglas N Biddle	officer: CFO	1101 S. BOONE STREET, ABERDEEN WA 98520-5244
Randy Rust	director	300 E MARKET STREET, ABERDEEN WA 98520-5244
Dwayne Carter	director	1101 S BOONE STREET, ABERDEEN WA 98520
Denise Portmann	officer: VP & CASHIER
Douglas M Schermer	director
Dennis A Long	director, officer: President
Randy W Rognlin	director
Edward Ketel	director
Philippe S Swaab	officer: Vice President	1101 S BOONE STREET, ABERDEEN WA 98520
Duane E Hagstrom	director
Dijk John Van	officer: Secretary
Susan C Freese	director