Thomasville Bancshares (Thomasville Bancshares) Debt-to-Equity : 0.01 (As of Dec. 2022)

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What is Thomasville Bancshares Debt-to-Equity?

Thomasville Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil. Thomasville Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1.60 Mil. Thomasville Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $130.92 Mil. Thomasville Bancshares's debt to equity for the quarter that ended in Dec. 2022 was 0.01.

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

THVB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.09
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Thomasville Bancshares was 0.09. The lowest was 0.01. And the median was 0.02.

THVB's Debt-to-Equity is ranked better than
99.93% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs THVB: 0.01

Thomasville Bancshares Debt-to-Equity Historical Data

The historical data trend for Thomasville 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.

Thomasville Bancshares Debt-to-Equity Chart

Thomasville Bancshares Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.02

0.01

Thomasville Bancshares Semi-Annual Data
	Dec05	Dec06	Dec07	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.02	0.02	0.01	0.01

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

For the Banks - Regional subindustry, Thomasville 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.

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

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

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

Thomasville Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thomasville Bancshares'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	+	1.6)	/	130.916
	=	0.01

Thomasville Bancshares's Debt to Equity Ratio for the quarter 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	+	1.6)	/	130.916
	=	0.01

Thomasville Bancshares (OTCPK:THVB) 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.

Thomasville Bancshares Debt-to-Equity Related Terms

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

Thomasville Bancshares (Thomasville Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Thomasville Bancshares Inc (OTCPK:THVB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 North Broad Street, Thomasville, GA, USA, 31792

Website

https://www.tnbank.com

Thomasville Bancshares Inc is a holding company. The company operates two full-service banking offices in Thomasville, Georgia, and a full-service division located in St. Simons Island, Georgia. It provides integrated services ranging from checking to loans to investments. The bank provides personal banking, business banking, loans, mobile banking, and wealth management services. Its personal banking and business banking services include checking accounts and savings accounts. Its loans include mortgages, consumer loans, and commercial loans. The company offers customers a range of home-buying options from in-house lending to secondary market loans.

Executives

Hodges Charles H Iii	director, officer: Executive Vice President	301 NORTH BROAD STREET, THOMASVILLE GA 31792
Charles E Hancock	director
Mckinnon Charles W Jr	director
Singletary Richard L Jr	director
Diane W Parker	director

Thomasville Bancshares (Thomasville Bancshares) Headlines

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