United Bancshares (United Bancshares) Debt-to-Equity : 0.20 (As of Mar. 2024)

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What is United Bancshares Debt-to-Equity?

United Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. United Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $17.80 Mil. United Bancshares's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $90.98 Mil. United Bancshares's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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

UBOH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.27 Max: 1.12
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of United Bancshares was 1.12. The lowest was 0.17. And the median was 0.27.

UBOH's Debt-to-Equity is ranked better than
82.76% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs UBOH: 0.20

United Bancshares Debt-to-Equity Historical Data

The historical data trend for United 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.

United Bancshares Debt-to-Equity Chart

United Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.76

0.19

0.17

0.25

0.19

United Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.22	0.23	0.25	0.19	0.20

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

For the Banks - Regional subindustry, United 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.

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

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

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

United Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

United Bancshares'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	+	18.043)	/	93.924
	=	0.19

United Bancshares's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	17.802)	/	90.975
	=	0.20

United Bancshares (OTCPK:UBOH) 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.

United Bancshares Debt-to-Equity Related Terms

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

United Bancshares (United Bancshares) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Progressive Drive, Columbus Grove, OH, USA, 45830

Website

https://www.theubank.com

United Bancshares Inc is a bank holding company. The company provides commercial and retail banking services. It offers a range of commercial banking services, including checking accounts, savings and money market accounts, online banking, wealth management services and treasury management services. The company also provides commercial, consumer, agricultural, residential mortgage and home equity loans; certificates of deposit, safe deposit box rentals, and other personalized banking services.

Executives

H Edward Rigel	director, other: Director of Subsidiary	9725 ROAD B, LEIPSIC OH 45856
Brian D Young	officer: CFO	100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Norman V Schnipke	officer: Sr Compliance Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Heather Marie Oatman	officer: Secretary	100 SOUTH HIGH STREET, COLUMBUS GROVE OH 45830
Stacey L Clemens	officer: Chief Risk Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Brent D Nussbaum	officer: Chief Information Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Teresa M Deitering	officer: Chief Credit Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Klint D Manz	officer: Chief Lending Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Travis E Vulich	officer: SVP of Mortgage Division	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
John Patrick Miller	officer: Chief Lending Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Curtis E Shepherd	officer: EVP of Retail Banking
Stacy A Cox	officer: CFO	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
David P Roach	director	1211 HEDRICK, DELPHOS OH 45833
Daniel J Lucke	officer: Interim CFO	100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Herbert H Huffman	director	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830