Mid-Southern Bancorp (Mid-Southern Bancorp) Debt-to-Equity : 0.83 (As of Jun. 2023)

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What is Mid-Southern Bancorp Debt-to-Equity?

Mid-Southern Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Mid-Southern Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $28.20 Mil. Mid-Southern Bancorp's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $34.08 Mil. Mid-Southern Bancorp's debt to equity for the quarter that ended in Jun. 2023 was 0.83.

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

MSVB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.22 Max: 1.01
Current: 0.83

During the past 10 years, the highest Debt-to-Equity Ratio of Mid-Southern Bancorp was 1.01. The lowest was 0.20. And the median was 0.22.

MSVB's Debt-to-Equity is ranked worse than
56.42% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs MSVB: 0.83

Mid-Southern Bancorp Debt-to-Equity Historical Data

The historical data trend for Mid-Southern 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.

Mid-Southern Bancorp Debt-to-Equity Chart

Mid-Southern Bancorp Annual Data

Trend

Sep02

Dec03

Dec04

Dec05

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.20

0.22

0.87

Mid-Southern Bancorp Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.76	1.01	0.87	0.72	0.83

Competitive Comparison of Mid-Southern Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Mid-Southern 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.

Mid-Southern Bancorp's Debt-to-Equity Distribution in the Banks Industry

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

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

Mid-Southern Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mid-Southern Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	29)	/	33.322
	=	0.87

Mid-Southern Bancorp's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	28.2)	/	34.079
	=	0.83

Mid-Southern Bancorp (OTCPK:MSVB) 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.

Mid-Southern Bancorp Debt-to-Equity Related Terms

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

Mid-Southern Bancorp (Mid-Southern Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mid-Southern Bancorp Inc (OTCPK:MSVB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 North Water Street, Salem, IN, USA, 47167

Website

https://www.mid-southern.com

Mid-Southern Bancorp Inc is a United States-based savings and loan holding company of Mid-Southern Savings Bank. It is engaged in providing a variety of banking services to individuals and business customers. The bank offers personal banking and business banking services. Its services portfolio comprises checking, savings, card services, and loan products. It also offers online and mobile banking facilities. The company derives revenue from interest on loans and, to a lesser extent, interest on investment securities and mortgage-backed securities.

Executives

Eric A. Koch	director	300 N. WATER STREET, SALEM IN 47167
James O. King	officer: EVP and Senior Loan Officer	300 N. WATER ST., SALEM IN 47167
Robert W. Derossett	officer: Chief Financial Officer	300 NORTH WATER STREET, SALEM IN 47167
Alexander G. Babey	director, officer: President and CEO	300 NORTH WATER STREET, SALEM IN 47167
Charles W. Lamb	director	300 NORTH WATER STREET, SALEM IN 47167
Erica B. Schmidt	officer: Executive VP and CFO	300 NORTH WATER STREET, SALEM IN 47167
Trent L. Fisher	director	300 NORTH WATER STREET, SALEM IN 47167
Frank M. Benson	officer: Executive VP, SLO	300 NORTH WATER STREET, SALEM IN 47167
Larry R. Bailey	director	300 NORTH WATER STREET, SALEM IN 47167
Brent A. Rosenbaum	director	300 NORTH WATER STREET, SALEM IN 47167
Dana J. Dunbar	director, other: Chairman of the Board	300 NORTH WATER STREET, SALEM IN 47167
Kermit A. Lamb	director	300 NORTH WATER STREET, SALEM IN 47167
Paul G. Allemeier	director	300 NORTH WATER STREET, SALEM IN 47167