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Clifton Bancorp (Clifton Bancorp) Debt-to-Equity : 1.54 (As of Dec. 2017)


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What is Clifton Bancorp Debt-to-Equity?

Clifton Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $0.00 Mil. Clifton Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $436.40 Mil. Clifton Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2017 was $284.35 Mil. Clifton Bancorp's debt to equity for the quarter that ended in Dec. 2017 was 1.53.

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

CSBK's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.695
* Ranked among companies with meaningful Debt-to-Equity only.

Clifton Bancorp Debt-to-Equity Historical Data

The historical data trend for Clifton 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.

Clifton Bancorp Debt-to-Equity Chart

Clifton Bancorp Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.73 0.29 0.73 0.93

Clifton Bancorp Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.83 0.93 1.13 1.19 1.54

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

For the Banks - Regional subindustry, Clifton 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.


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

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

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



Clifton Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Clifton Bancorp's Debt to Equity Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Clifton Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2017 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.


Clifton Bancorp  (NAS:CSBK) 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.


Clifton Bancorp Debt-to-Equity Related Terms

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


Clifton Bancorp (Clifton Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Clifton Bancorp Inc is a savings and loan holding company. It operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area.
Executives
Michael Lesler officer: EVP & Chief Operating Officer 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07015
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Paul M Aguggia director, officer: Chairman, President & CEO 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Cynthia Sisco director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004