Fentura Financial (Fentura Financial) Debt-to-Equity

: 1.43 (As of Dec. 2023)

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Fentura Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Fentura Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $198.50 Mil. Fentura Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $138.70 Mil. Fentura Financial's debt to equity for the quarter that ended in Dec. 2023 was 1.43.

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

FETM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.83 Max: 1.76
Current: 1.43

During the past 13 years, the highest Debt-to-Equity Ratio of Fentura Financial was 1.76. The lowest was 0.40. And the median was 0.83.

FETM's Debt-to-Equity is ranked worse than
74.98% of 1395 companies
in the Banks industry
Industry Median: 0.7 vs FETM: 1.43

Fentura Financial Debt-to-Equity Historical Data

The historical data trend for Fentura 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.

Fentura Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.61

0.42

0.40

1.76

1.43

Fentura 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															1.76	2.02	1.54	1.51	1.43

Competitive Comparison

For the Banks - Regional subindustry, Fentura 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.

Fentura Financial Debt-to-Equity Distribution

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

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

Fentura Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fentura Financial'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	+	198.5)	/	138.702
	=	1.43

Fentura Financial'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	+	198.5)	/	138.702
	=	1.43

Fentura Financial (OTCPK:FETM) 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.

Fentura Financial Debt-to-Equity Related Terms

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Fentura Financial (Fentura Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fentura Financial Inc (OTCPK:FETM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

175 North Leroy Street, P.O. Box 725, Fenton, MI, USA, 48430-3805

Website

https://www.fentura.com

Fentura Financial Inc is a bank holding company engaged in the business of financial services through its wholly-owned subsidiaries. The corporation provides banking and trust services principally to individuals, small businesses, and governmental entities through its community banking and loan processing offices. The primary deposit products include Checking, Savings, and Term certificate accounts, and the primary lending products comprise Residential mortgage, Commercial real estate, Commercial, Home equity, and Consumer loans. The corporation's sources of revenue include trust-related income, investment services income, ATM card income, debit card income, and service charges on deposit accounts.

Executives

James Distelrath	director, officer: Chief Financial Officer	101 N LEROY STREET, FENTON MI 48430
Craig L Johnson	officer: Senior Lender - The State Bank	101 N LEROY STREET, FENTON MI 48430
Randy D Hicks	director	101 N. LEROY STREET, FENTON MI 48430
Frederick P Dillingham	director	175 N LEROY, FENTON MI 48340
Joanne Shaw	director	175 N LEROY, FENTON MI 48340
Ronald Rybar	director	175 N LEROY, FENTON MI 48340
James Wesseling	director	175 N LEROY STREET, FENTON MI 48340
William Dery	director	175 N LEROY STREET, FENTON MI 48340
Daniel Wollschlager	officer: SVP, Senior Lending Officer	175 NORTH LEROY STREET, FENTON MI 48430
Douglas Rotman	director	175 N LEROY, FENTON MI 48430
Sheryl Stephens	director	175 N LEROY, FENTON MI 48430
Kenneth R Elston	director	175 NORTH LEROY STREET, P.O. BOX 725, FENTON MI 48430
Holly J Pingatore	officer: Senior VP-The State Bank	175 NORTH LEROY STREET, FENTON MI 48430
John Emmendorfer	officer: President-Davison State Bank	175 NORTH LEROY STREET, FENTON MI 48430
Dennis Leyder	officer: Senior VP-The State Bank	175 NORTH LEROY STREET, FENTON MI 48430