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Tri City Bankshares (Tri City Bankshares) Debt-to-Equity : 1.31 (As of Sep. 2023)


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What is Tri City Bankshares Debt-to-Equity?

Tri City Bankshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Tri City Bankshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $162.26 Mil. Tri City Bankshares's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $124.30 Mil. Tri City Bankshares's debt to equity for the quarter that ended in Sep. 2023 was 1.31.

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 Tri City Bankshares's Debt-to-Equity or its related term are showing as below:

TRCY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 1.31
Current: 1.31

During the past 13 years, the highest Debt-to-Equity Ratio of Tri City Bankshares was 1.31. The lowest was 0.08. And the median was 0.09.

TRCY's Debt-to-Equity is ranked worse than
71.98% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs TRCY: 1.31

Tri City Bankshares Debt-to-Equity Historical Data

The historical data trend for Tri City Bankshares'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.

Tri City Bankshares Debt-to-Equity Chart

Tri City Bankshares Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.09 0.08

Tri City Bankshares Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 0.08 0.08 0.08 N/A 1.31

Competitive Comparison of Tri City Bankshares's Debt-to-Equity

For the Banks - Regional subindustry, Tri City Bankshares'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.


Tri City Bankshares's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Tri City Bankshares's Debt-to-Equity falls into.



Tri City Bankshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tri City Bankshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Tri City Bankshares's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


Tri City Bankshares  (OTCPK:TRCY) 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.


Tri City Bankshares Debt-to-Equity Related Terms

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


Tri City Bankshares (Tri City Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
6400 South 27th Street, Oak Creek, WI, USA, 53154
Tri City Bankshares Corp is a bank holding company. It provides consumer and commercial banking services to individuals and businesses. The services provided by the bank are loan facilities, credit card facilities, reverse mortgages, online banking services, business cards, savings facilities, and other services. It has one reportable segment community banking.
Executives
Christ Krantz director 9999 W NORTH AVE, STE 115, WAUWATOSA WI 53226
Frederick R Klug officer: Sr. Vice President & CFO
Scott D Geradin director, officer: Senior Vice President 6400 S 27TH STREET, OAK CREEK WI 53154
William Gravitter director
Frank Bauer director W312 S5860 DABLE ROAD, MUKWONAGO WI 53149
Thomas G Ulrich other: See remarks below P.O. BOX 180437, DELAFIELD WI 53018-1590
Ulrich Voting Trust 10 percent owner C/O KATHLEEN L. MCGARRY, VOTING TRUSTEE, P.O.BOX 180437, DELAFIELD WI 53018-0437
Kathleen L Mcgarry other: See remarks below P.O. BOX 180437, DELAFIELD WI 53018-0437
Scott A Wilson director, officer: Sr. Vice Pres./Secretary 8410 S 29TH STREET, OAK CREED WI 53154
Sanford Fedderly director 161 E BAY RIDGE DRIVE, FORT LAUDERDALE FL 33326
Brian T Mcgarry director P.O. BOX 180437, DELAFIELD WI 53018-0437
Agatha T Ulrich director, 10 percent owner
Ulrich David A Jr director 7388 TRINITY COURT, FRANKLIN WI 53132
William N Beres director 21095 STRATFORD COURT, BROOKFIELD WI 53045
Robert W Orth director, officer: Senior Vice President 8410 S 29TH STREET, OAK CREED WI 53154

Tri City Bankshares (Tri City Bankshares) Headlines

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