TC Bancshares (TC Bancshares) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is TC Bancshares Debt-to-Equity?

TC Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. TC Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.10 Mil. TC Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $79.63 Mil. TC Bancshares's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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

TCBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.15 Max: 0.24
Current: 0.17

During the past 5 years, the highest Debt-to-Equity Ratio of TC Bancshares was 0.24. The lowest was 0.07. And the median was 0.15.

TCBC's Debt-to-Equity is ranked better than
84.97% of 1391 companies
in the Banks industry
Industry Median: 0.67 vs TCBC: 0.17

TC Bancshares Debt-to-Equity Historical Data

The historical data trend for TC 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.

TC Bancshares Debt-to-Equity Chart

TC Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.07

0.24

0.13

0.17

TC Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.13	0.02	0.08	0.09	0.17

Competitive Comparison of TC Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, TC 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.

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

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

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

TC Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TC 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	+	13.102)	/	79.634
	=	0.16

TC Bancshares's Debt to Equity Ratio for the quarter 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	+	13.102)	/	79.634
	=	0.16

TC Bancshares (NAS:TCBC) 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.

TC Bancshares Debt-to-Equity Related Terms

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

TC Bancshares (TC Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » TC Bancshares Inc (NAS:TCBC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1JF:Germany

Address

131 South Dawson Street, P.O. Box 1197, Thomasville, GA, USA, 31792

Website

https://www.tcfederal.com

TC Bancshares Inc is a federally chartered savings bank. Its business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in one-to four-family residential real estate loans, commercial and multi-family residential real estate loans, commercial and industrial loans, construction and land development loans, and consumer loans.

Executives

Joshua Travis Bryant	director	131 SOUTH DAWSON STREET, THOMASVILLE GA 31792
Stephanie B Tillman	director	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Peter Desantis	director	131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Jefferson Johnson	director	131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Fortson Rumble	director	131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Scott Charles Mclean	officer: EVP-CHIEF FINANCIAL OFFICER	101 WEINGARTEN PLACE, CARY NC 27519
Michael Sherman Penney	officer: EVP-CHIEF CREDIT OFFICER	131 SOUTH DAWSON STREET, THOMASVILLE GA 31799
Charles Dixon	director	131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
George Matthew Brown	director	131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Nathan Higdon	officer: See Remarks	131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Linda K. Palmer	officer: See Remarks	131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Fred E. Murphy	director	131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Gregory Eiford	director, officer: See Remarks	131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799