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River Financial (River Financial) Debt-to-Revenue : 2.53 (As of Mar. 2024)


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What is River Financial Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

River Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. River Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $244.5 Mil. River Financial's annualized Revenue for the quarter that ended in Mar. 2024 was $96.6 Mil. River Financial's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 2.53.


River Financial Debt-to-Revenue Historical Data

The historical data trend for River Financial's Debt-to-Revenue 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.

River Financial Debt-to-Revenue Chart

River Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.47 0.30 0.49 1.48 2.70

River 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-Revenue 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 1.66 1.90 2.03 2.53 2.53

Competitive Comparison of River Financial's Debt-to-Revenue

For the Banks - Regional subindustry, River Financial's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


River Financial's Debt-to-Revenue Distribution in the Banks Industry

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

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



River Financial Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

River Financial's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 269.492) / 99.906
=2.70

River Financial's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 244.51) / 96.584
=2.53

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


River Financial Debt-to-Revenue Related Terms

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River Financial (River Financial) Business Description

Traded in Other Exchanges
N/A
Address
2611 Legends Drive, Prattville, AL, USA, 36066
River Financial Corp is a bank holding company. It provides commercial and consumer banking services to businesses, business owners, and professionals in the United States. It offers services such as loan, deposits, electronic banking and other banking services. It offers demand deposits, savings and time deposits, interest-bearing transaction accounts, money market accounts, negotiable orders of withdrawal accounts, as well as certificates of deposit. Companies principal sources of income are interest and fees collected on loans, interest collected on other investments, fees earned from the origination and sale of residential mortgage loans, and service charges, as well as income from investment brokerage services.

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