Poage Bankshares (Poage Bankshares) Debt-to-Equity : 0.15 (As of Sep. 2018)

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What is Poage Bankshares Debt-to-Equity?

Poage Bankshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.00 Mil. Poage Bankshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $9.16 Mil. Poage Bankshares's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $61.22 Mil. Poage Bankshares's debt to equity for the quarter that ended in Sep. 2018 was 0.15.

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 Poage Bankshares's Debt-to-Equity or its related term are showing as below:

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

Poage Bankshares Debt-to-Equity Historical Data

The historical data trend for Poage Bankshares'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.

Poage Bankshares Debt-to-Equity Chart

Poage Bankshares Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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0.23

0.30

0.26

0.18

0.17

Poage Bankshares Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.17	0.16	0.16	0.15

Competitive Comparison of Poage Bankshares's Debt-to-Equity

For the Banks - Regional subindustry, Poage Bankshares'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.

Poage Bankshares's Debt-to-Equity Distribution in the Banks Industry

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

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

Poage Bankshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Poage Bankshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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	+	10.309)	/	61.715
	=	0.17

Poage Bankshares's Debt to Equity Ratio for the quarter that ended in Sep. 2018 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	+	9.157)	/	61.218
	=	0.15

Poage Bankshares (NAS:PBSK) 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.

Poage Bankshares Debt-to-Equity Related Terms

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

Poage Bankshares (Poage Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Poage Bankshares Inc (NAS:PBSK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.townsquarebank.com

Poage Bankshares Inc is a holding company for Town square bank. The bank is involved in the business of accepting savings accounts, checking accounts and certificates of deposits from the general public and investing those deposits together with funds generated from operations and borrowings, in family mortgage loans, commercial and multi-family real estate loans, industrial loans, consumer loans and other types of loans. It also purchases investment securities issued by United States Government agencies and government-sponsored enterprises and also obligations of state and political subdivisions. The bank provides financial services to the clients located in and around Ashland, Nicholasville and Mt. Sterling, Kentucky.

Executives

Thomas Burnette	director	1500 CARTER AVENUE, ASHLAND KY 41101
Coffman Ralph E Jr	director, officer: President and CEO

Poage Bankshares (Poage Bankshares) Headlines

From GuruFocus

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Poage Bankshares, Inc. - PBSK

By PRNewswire PRNewswire • 09-13-2018