Berkshire Bancorp (Berkshire Bancorp) Debt-to-Equity : 0.01 (As of Dec. 2021)

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What is Berkshire Bancorp Debt-to-Equity?

Berkshire Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil. Berkshire Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.89 Mil. Berkshire Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $169.37 Mil. Berkshire Bancorp's debt to equity for the quarter that ended in Dec. 2021 was 0.01.

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 Berkshire Bancorp's Debt-to-Equity or its related term are showing as below:

BERK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.45 Max: 23.34
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Berkshire Bancorp was 23.34. The lowest was 0.00. And the median was 0.45.

BERK's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.69 vs BERK: 0.01

Berkshire Bancorp Debt-to-Equity Historical Data

The historical data trend for Berkshire Bancorp'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.

Berkshire Bancorp Debt-to-Equity Chart

Berkshire Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.01

Berkshire Bancorp Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Debt-to-Equity	Get a 7-Day Free Trial															-	-	0.01	-	0.01

Competitive Comparison of Berkshire Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Berkshire Bancorp'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.

Berkshire Bancorp's Debt-to-Equity Distribution in the Banks Industry

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

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

Berkshire Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Berkshire Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0.894)	/	169.371
	=	0.01

Berkshire Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0.894)	/	169.371
	=	0.01

Berkshire Bancorp (OTCPK:BERK) 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.

Berkshire Bancorp Debt-to-Equity Related Terms

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

Berkshire Bancorp (Berkshire Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berkshire Bancorp Inc (OTCPK:BERK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Broadway, First Floor, New York, NY, USA, 10038

Website

https://www.berkbank.com

Berkshire Bancorp Inc is a bank holding firm based in the United States. The company principally engages in the ownership and management of its indirect wholly-owned subsidiary which is a state chartered commercial bank. It has been providing services to high net worth individuals, small and mid-sized commercial businesses primarily in the New York City metropolitan area. Its branches are located in New York and in New Jersey. It's loan products offering includes commercial and industrial and finance leases; residential loans, and commercial real estate and construction loans, and consumer loans.

Executives

Moses Marx	director, 10 percent owner	160 BROADWAY, NEW YORK NY 10038
George Karfunkel	director	6201 15TH AVE, BROOKLYN NY 33428
Philippe D Katz	director	160 BROADWAY, NEW YORK NY 10038
Joseph Fink	director, officer: Pres, CEO, Treasurer, CFO	C/O BERKSHIRE BANCORP., INC., 160 BROADWAY, NEW YORK NY 10038
Cohen William L /ny	director	1333 BROADWAY 5TH FLOOR, NEW YORK NY 10018
Steven Rosenberg	director, officer: President, CEO, CFO	57 FAIRVIEW AVE, PORT WASHINGTON NY 11050
Martin A Fischer	director	254 EAST 68TH STREET, APT. 28A, NEW YORK NY 10065
David W Lukens	other: EVP & CFO of Subsidiary	600 MADISON AVE, NEW YORK NY 10022
Moses Krausz	other: President & CEO of subsidary

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