GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Bancshares Corp (OTCPK:CZBS) » Definitions » Net Debt Paydown Yield %

Citizens Bancshares (Citizens Bancshares) Net Debt Paydown Yield % : 0.00% (As of Apr. 27, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Citizens Bancshares Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Citizens Bancshares's Net Debt Paydown Yield % was 0.00%.


Citizens Bancshares Net Debt Paydown Yield % Historical Data

The historical data trend for Citizens Bancshares's Net Debt Paydown Yield % 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.

Citizens Bancshares Net Debt Paydown Yield % Chart

Citizens Bancshares Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Citizens Bancshares Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Net Debt Paydown Yield % 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 - - - - -

Competitive Comparison of Citizens Bancshares's Net Debt Paydown Yield %

For the Banks - Regional subindustry, Citizens Bancshares's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


Citizens Bancshares's Net Debt Paydown Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citizens Bancshares's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Citizens Bancshares's Net Debt Paydown Yield % falls into.



Citizens Bancshares Net Debt Paydown Yield % Calculation

Citizens Bancshares's Net Debt Paydown Yield % for the quarter that ended in Sep. 2016 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 0.25-5.23 )/15.2985
=-32.56 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Citizens Bancshares  (OTCPK:CZBS) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Citizens Bancshares Net Debt Paydown Yield % Related Terms

Thank you for viewing the detailed overview of Citizens Bancshares's Net Debt Paydown Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Citizens Bancshares (Citizens Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
230 Peachtree Street NW, Suite 2700, Atlanta, GA, USA, 30303
Citizens Bancshares Corp is a bank holding company. The company provides a range of commercial banking to individual and corporate customers through its subsidiary. The bank offers a range of commercial and consumer deposit accounts, including non-interest-bearing checking accounts, individual retirement accounts, time certificates of deposit and regular savings accounts. Citizens Bancshares engages in a range of lending activities, including consumer/installment loans, mortgage loans, home equity lines of credit, and construction loans and commercial loans.
Executives
Cynthia N Day director, officer: President & CEO 75 PIEDMONT AVE, ATLANTA GA 30303