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City Bank (City Bank) Debt-to-Equity : 0.68 (As of Jun. 2009)


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What is City Bank Debt-to-Equity?

City Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $0.25 Mil. City Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $75.00 Mil. City Bank's Total Stockholders Equity for the quarter that ended in Jun. 2009 was $110.30 Mil. City Bank's debt to equity for the quarter that ended in Jun. 2009 was 0.68.

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 City Bank's Debt-to-Equity or its related term are showing as below:

CTBK's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.69
* Ranked among companies with meaningful Debt-to-Equity only.

City Bank Debt-to-Equity Historical Data

The historical data trend for City Bank'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.

City Bank Debt-to-Equity Chart

City Bank Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.58 0.47 0.62 0.61

City Bank Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 0.48 0.46 0.61 0.64 0.68

Competitive Comparison of City Bank's Debt-to-Equity

For the Banks - Regional subindustry, City Bank'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.


City Bank's Debt-to-Equity Distribution in the Banks Industry

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

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



City Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

City Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2008 is calculated as

City Bank's Debt to Equity Ratio for the quarter that ended in Jun. 2009 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.


City Bank  (OTCPK:CTBK) 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.


City Bank Debt-to-Equity Related Terms

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


City Bank (City Bank) Business Description

Traded in Other Exchanges
N/A
Address
5219 City Bank Parkway, Lubbock, TX, USA, 79407
City Bank is engaged in general commercial and retail banking, with an emphasis on small and medium-sized businesses, construction lending for single-family residences and home mortgage lending.

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