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AmeriServ Financial (AmeriServ Financial) Debt-to-Equity : 1.13 (As of Dec. 2023)


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What is AmeriServ Financial Debt-to-Equity?

AmeriServ Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $40.95 Mil. AmeriServ Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $74.61 Mil. AmeriServ Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $102.28 Mil. AmeriServ Financial's debt to equity for the quarter that ended in Dec. 2023 was 1.13.

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 AmeriServ Financial's Debt-to-Equity or its related term are showing as below:

ASRV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.63   Med: 1.06   Max: 1.3
Current: 1.13

During the past 13 years, the highest Debt-to-Equity Ratio of AmeriServ Financial was 1.30. The lowest was 0.63. And the median was 1.06.

ASRV's Debt-to-Equity is ranked worse than
67.07% of 1394 companies
in the Banks industry
Industry Median: 0.7 vs ASRV: 1.13

AmeriServ Financial Debt-to-Equity Historical Data

The historical data trend for AmeriServ Financial'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.

AmeriServ Financial Debt-to-Equity Chart

AmeriServ Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.09 0.63 1.30 1.13

AmeriServ Financial Quarterly Data
Mar19 Jun19 Sep19 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 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 1.30 0.94 0.99 1.14 1.13

Competitive Comparison of AmeriServ Financial's Debt-to-Equity

For the Banks - Regional subindustry, AmeriServ Financial'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.


AmeriServ Financial's Debt-to-Equity Distribution in the Banks Industry

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

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



AmeriServ Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AmeriServ Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

AmeriServ Financial's Debt to Equity Ratio for the quarter that ended in Dec. 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.


AmeriServ Financial  (NAS:ASRV) 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.


AmeriServ Financial Debt-to-Equity Related Terms

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


AmeriServ Financial (AmeriServ Financial) Business Description

Traded in Other Exchanges
N/A
Address
Main and Franklin Streets, P.O. Box 430, Johnstown, PA, USA, 15907-0430
AmeriServ Financial Inc is a bank holding company. The company and its subsidiaries derive substantially all of their income from banking, bank-related services, and trust-related services. Its operating segment includes community banking; wealth management and investment/parent. The company generates maximum revenue from the community banking segment. The community banking segment includes both retail and commercial banking activities. Retail banking includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Lending activities include residential mortgage loans, direct consumer loans, and small business commercial loans. Commercial banking to businesses includes commercial loans, business services, and CRE loans.
Executives
Jeffrey A Stopko officer: Senior Vice President and CFO
Richard W. Bloomingdale director C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
Kim W Kunkle director
David J. Hickton director C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
James T Huerth officer: EVP, Commercial Banking 102 S MAIN STREET, CULPEPER VA 22701
Amy Bradley director MAIN & FRANKLIN STREETS, P. O. BOX 430, JOHNSTOWN PA 15907
O Malley Margaret A director
Daniel A. Onorato director MAIN & FRANKLIN STREETS, P.O. BOX 430, JOHNSTOWN PA 15907
Robert L Wise director
Craig G Ford director, officer: Chairman, President & CEO
Thomas C Slater director
Young Gregor T Iv officer: President & CEO of Trust Co. C/O S&T BANCORP INC, P O BOX 190, INDIANA PA 15701
Duke Bruce E Iii director
Michael D Lynch officer: Interim SVP & CFO 216 FRANKLIN STREET, JOHNSTOWN PA 15901
Michael R. Baylor officer: EVP & Regional President 216 FRANKLIN STREET, JOHNSTOWN PA 15901