Enterprise Bancorp (Enterprise Bancorp) Debt-to-Equity

: 0.33 (As of Dec. 2023)

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Enterprise Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Enterprise Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $109.7 Mil. Enterprise Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $329.1 Mil. Enterprise Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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

EBTC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.36 Max: 0.45
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Enterprise Bancorp was 0.45. The lowest was 0.12. And the median was 0.36.

EBTC's Debt-to-Equity is ranked better than
71.6% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs EBTC: 0.33

Enterprise Bancorp Debt-to-Equity Historical Data

The historical data trend for Enterprise 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.

Enterprise Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.44

0.29

0.25

0.31

0.33

Enterprise Bancorp 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																0.31	0.28	0.28	0.30	0.33

Competitive Comparison

For the Banks - Regional subindustry, Enterprise 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.

Enterprise Bancorp Debt-to-Equity Distribution

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

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

Enterprise Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Enterprise Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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	+	109.707)	/	329.117
	=	0.33

Enterprise Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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	+	109.707)	/	329.117
	=	0.33

Enterprise Bancorp (NAS:EBTC) 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.

Enterprise Bancorp Debt-to-Equity Related Terms

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Enterprise Bancorp (Enterprise Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Enterprise Bancorp Inc (NAS:EBTC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 Merrimack Street, Lowell, MA, USA, 01852

Website

https://www.enterprisebanking.com

Enterprise Bancorp Inc is a holding company. The Company is engaged in the business of gathering deposits from the general public and investing in loans and investment securities. Through the Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as wealth management and wealth services.

Executives

Gino J Baroni	director	222 MERRIMACK STREET, LOWELL MA 01852
Michael T Putziger	director	C/O NEW HAMPSHIRE THRIFT BANCSHARES, 9 MAIN STREET, NEWPORT NH 03773
Ken S Ansin	director	390 GOODRICH ST, LUNENBURG MA 01462
George L Duncan	director, officer: Chief Executive Officer	222 MERRIMACK ST, LOWELL MA 01852
Stephen J Irish	officer: EVP - Principal Subsidiary	222 MERRIMACK ST, LOWELL MA 01852
Ryan C Dunn	officer: EVP-Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Mary Jane King	director	222 MERRIMACK STREET, LOWELL MA 01852
Luis M Pedroso	director	222 MERRIMACK STREET, LOWELL MA 01852
Diane J Silva	officer: EVP - Principal Subsidiary	222 MERRIMACK STREET, LOWELL MA 01852
Anita R Worden	director	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
John A Koutsos	director	222 MERRIMACK STREET, LOWELL MA 01852
Peter Rayno	officer: EVP - Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Joseph R Lussier	officer: EVP-Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Keith N Soucie	officer: EVP-Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Carol L Reid	director	C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876