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Southern Michigan Bancorp (Southern Michigan Bancorp) Debt-to-Revenue : 1.10 (As of Dec. 2018)


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What is Southern Michigan Bancorp Debt-to-Revenue?

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

Southern Michigan Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Southern Michigan Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $33.66 Mil. Southern Michigan Bancorp's annualized Revenue for the quarter that ended in Dec. 2018 was $30.68 Mil. Southern Michigan Bancorp's annualized Debt-to-Revenue for the quarter that ended in Dec. 2018 was 1.10.


Southern Michigan Bancorp Debt-to-Revenue Historical Data

The historical data trend for Southern Michigan Bancorp'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.

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Southern Michigan Bancorp Debt-to-Revenue Chart

Southern Michigan Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.58 0.58 1.57 1.08

Southern Michigan Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1.58 1.14 1.39 1.05 1.10

Competitive Comparison of Southern Michigan Bancorp's Debt-to-Revenue

For the Banks - Regional subindustry, Southern Michigan Bancorp'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.


Southern Michigan Bancorp's Debt-to-Revenue Distribution in the Banks Industry

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

* The bar in red indicates where Southern Michigan Bancorp's Debt-to-Revenue falls into.



Southern Michigan Bancorp Debt-to-Revenue Calculation

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

Southern Michigan Bancorp's Debt-to-Revenue for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 33.655) / 31.217
=1.08

Southern Michigan Bancorp's annualized Debt-to-Revenue for the quarter that ended in Dec. 2018 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 33.655) / 30.676
=1.10

* 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 (Dec. 2018) Revenue data.


Southern Michigan Bancorp Debt-to-Revenue Related Terms

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Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
51 West Pearl Street, Coldwater, MI, USA, 49036
Southern Michigan Bancorp Inc is a United States-based financial holding company. It is engaged in the business activity of the ownership and management of its wholly-owned subsidiary bank. The Bank offers individuals, businesses, institutions, and government agencies a full range of commercial banking services. The customer base is located primarily in the southwest Michigan communities in which the Bank has branches, and in areas immediately surrounding these communities. The Bank makes commercial and consumer loans to customers. The majority of loans are secured by business assets, commercial and residential real estate, and consumer assets. The bank operates in a single segment: commercial banking.

Southern Michigan Bancorp (Southern Michigan Bancorp) Headlines

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