Security Federal (Security Federal) Debt-to-Equity : 0.30 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Security Federal Debt-to-Equity?

Security Federal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Security Federal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $52.28 Mil. Security Federal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $172.36 Mil. Security Federal's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 Security Federal's Debt-to-Equity or its related term are showing as below:

SFDL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.74 Max: 1.15
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Security Federal was 1.15. The lowest was 0.30. And the median was 0.74.

SFDL's Debt-to-Equity is ranked better than
73.22% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs SFDL: 0.30

Security Federal Debt-to-Equity Historical Data

The historical data trend for Security Federal'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.

Security Federal Debt-to-Equity Chart

Security Federal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.02

0.77

0.56

0.38

0.30

Security Federal Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.38	0.37	0.31	0.33	0.30

Competitive Comparison of Security Federal's Debt-to-Equity

For the Banks - Regional subindustry, Security Federal'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.

Security Federal's Debt-to-Equity Distribution in the Banks Industry

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

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

Security Federal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Security Federal's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	52.277)	/	172.362
	=	0.30

Security Federal's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	52.277)	/	172.362
	=	0.30

Security Federal (OTCPK:SFDL) 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.

Security Federal Debt-to-Equity Related Terms

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

Security Federal (Security Federal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Security Federal Corp (OTCPK:SFDL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 810, Aiken, SC, USA, 29802

Website

https://www.securityfederalbank.com

Security Federal Corp and its subsidiaries are involved in the business of providing commercial and personal banking services as well as auto, business, home, and health insurance. The primary business of the company is to accept deposits from the general public and originate commercial real estate loans, commercial business loans, consumer loans as well as mortgage loans to buy or refinance one-to-four family residential real estate. It also originates construction loans and loans for the acquisition, development, and construction of residential subdivisions and commercial projects. The bank also operates Security federal trust and investments that offer trust, financial planning, and financial management services.

Executives

J Chris Verens	director, officer: President	P O BOX 810, AIKEN SC 29802
Nathan Crowe	officer: Chief Accounting Officer	238 RICHLAND AVENUE NORTHWEST, AIKEN SC 29801
Darrell R Rains	officer: Chief Financial Officer	P.O. BOX 15367, AUGUSTA GA 30909
Philip R. Wahl	director	238 RICHLAND AVENUE NW, AIKEN SC 29801
Toole Frampton W. Iii	director	238 RICHLAND AVENUE NW, AIKEN SC 29801
Robert E Alexander	director	P O BOX 810, AIKEN SC 29802
Richard T Harmon	director, officer: Exec. VP and CLO of the Bank	238 RICHLAND AVENUE WEST, AIKEN SC 29801
Toole Gasper L Iii	director, officer: VP	P O BOX 810, AIKEN SC 29802
Jessica T Cummins	officer: Chief Financial Officer	238 RICHLAND AVENUE WEST, AIKEN SC 29801
Thomas Lucius Moore	director	P O BOX 810, AIKEN SC 29802
Thomas Francis M Jr	officer: Senior VP	P O BOX 810, AIKEN SC 29802
William Clyburn	director	P O BOX 810, AIKEN SC 29802
Roy G Lindburg	officer: Treasurer/CFO	P O BOX 810, AIKEN SC 29802
Frank M Thomas	director	PO BOX 810, AIKEN SC 29802
William Barry Adams	director, officer: Exec. VP-Security Federal Bank	P.O. BOX 810, AIKEN SC 29802