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Gouverneur Bancorp Inc (OTCPK:GOVB)
Debt-to-Equity
1.34 (As of Jun. 2008)

Gouverneur Bancorp Inc's current portion of long-term debt for the quarter that ended in Jun. 2008 was \$0.00 Mil. Gouverneur Bancorp Inc's long-term debt for the quarter that ended in Jun. 2008 was \$27.95 Mil. Gouverneur Bancorp Inc's total equity for the quarter that ended in Jun. 2008 was \$20.82 Mil. Gouverneur Bancorp Inc's debt to equity for the quarter that ended in Jun. 2008 was 1.34.

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.

Definition

Debt to Equity measures the financial leverage a company has.

Gouverneur Bancorp Inc's Debt to Equity Ratio for the fiscal year that ended in Sep. 2007 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 33.15) / 20.43 = 1.62

Gouverneur Bancorp Inc's Debt to Equity Ratio for the quarter that ended in Jun. 2008 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 27.95) / 20.821 = 1.34

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its Return on Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return on Equity companies.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Gouverneur Bancorp Inc Annual Data

 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 deb2equity 0.00 0.09 0.22 0.48 0.38 0.37 1.28 1.97 1.78 1.62

Gouverneur Bancorp Inc Quarterly Data

 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 deb2equity 1.81 1.63 1.78 1.77 1.77 1.69 1.62 1.59 1.41 1.34
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