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Merchants Bancshares (Merchants Bancshares) Debt-to-Equity : 0.63 (As of Mar. 2017)


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What is Merchants Bancshares Debt-to-Equity?

Merchants Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $75.00 Mil. Merchants Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $24.25 Mil. Merchants Bancshares's Total Stockholders Equity for the quarter that ended in Mar. 2017 was $158.65 Mil. Merchants Bancshares's debt to equity for the quarter that ended in Mar. 2017 was 0.63.

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 Merchants Bancshares's Debt-to-Equity or its related term are showing as below:

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

Merchants Bancshares Debt-to-Equity Historical Data

The historical data trend for Merchants Bancshares'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.

Merchants Bancshares Debt-to-Equity Chart

Merchants Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.19 0.18 0.18 0.41

Merchants Bancshares Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.17 0.60 0.29 0.41 0.63

Competitive Comparison of Merchants Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Merchants Bancshares'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.


Merchants Bancshares's Debt-to-Equity Distribution in the Banks Industry

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

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



Merchants Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Merchants Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Merchants Bancshares's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Merchants Bancshares  (NAS:MBVT) 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.


Merchants Bancshares Debt-to-Equity Related Terms

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


Merchants Bancshares (Merchants Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
Merchants Bancshares Inc is a bank holding company organized under Vermont law in 1983. Merchants Bank, the Company's primary subsidiary, is a Vermont commercial bank with 32 full-service banking offices located throughout the state of Vermont. The Company, through its subsidiary, offers a full range of deposit, loan, cash management, and trust services to meet the financial needs of individual consumers, businesses and municipalities at 32 full-service banking offices throughout the state of Vermont. Its trust division offers investment management, financial planning and trustee services. The Company competes in Vermont for deposit and loan business not only with other commercial and savings banks, and savings and loan associations, but also with credit unions and other non-bank financial providers. It is subject to extensive regulation and supervision, including, in many cases, regulation that limits the type and scope of its activities.
Executives
Jeffrey L Davis director 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
Pecor Raymond C Iii director 1 KING STREET DOCK, BURLINGTON VT 05401
Richard M Donovan officer: Interim PAO, PFO and Treasurer C/O FIRST SEACOAST BANCORP, 633 CENTRAL AVENUE, DOVER NH 03820
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Eric Andrew Segal officer: Interim PAO, PFO and Treasurer 6489 DEERFIELD DRIVE, NEW HOPE PA 18938
Thomas J. Meshako officer: Treasurer and CFO MERCHANTS BANK, P.O. BOX 1009, BURLINGTON VT 05402
John A Kane director C/O MERCHANTS BANCSHARES, INC., 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
F Sheldon Prentice officer: Senior Vice President C/O NBT BANCORP, 52 BROAD STREET, NORWICH NY 13815
Charles A Davis director 1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029

Merchants Bancshares (Merchants Bancshares) Headlines