First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Debt-to-Equity : 0.01 (As of Sep. 2017)

First Federal of Northern Michigan Bancorp Debt-to-Equity Chart

First Federal of Northern Michigan Bancorp Annual Data
	Trend	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16
Debt-to-Equity		Get a 7-Day Free Trial					1.08	1.06	0.75	0.99	0.53

First Federal of Northern Michigan Bancorp Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Debt-to-Equity	Get a 7-Day Free Trial															0.67	0.53	0.50	0.65	0.01

Competitive Comparison of First Federal of Northern Michigan Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, First Federal of Northern Michigan 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.

First Federal of Northern Michigan Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Federal of Northern Michigan Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where First Federal of Northern Michigan Bancorp's Debt-to-Equity falls into.

First Federal of Northern Michigan Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Federal of Northern Michigan Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

First Federal of Northern Michigan Bancorp's Debt to Equity Ratio for the quarter that ended in Sep. 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.

First Federal of Northern Michigan Bancorp  (OTCPK:FFNM) 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.

First Federal of Northern Michigan Bancorp Debt-to-Equity Related Terms

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First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Business Description