University Bancorp (University Bancorp) Debt-to-Equity : 1.04 (As of Dec. 2022)

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What is University Bancorp Debt-to-Equity?

University Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil. University Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $81.76 Mil. University Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $78.68 Mil. University Bancorp's debt to equity for the quarter that ended in Dec. 2022 was 1.04.

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

UNIB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.14 Max: 1.04
Current: 1.04

During the past 13 years, the highest Debt-to-Equity Ratio of University Bancorp was 1.04. The lowest was 0.05. And the median was 0.14.

UNIB's Debt-to-Equity is ranked worse than
64.97% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs UNIB: 1.04

University Bancorp Debt-to-Equity Historical Data

The historical data trend for University 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.

University Bancorp Debt-to-Equity Chart

University Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.26

0.38

0.30

1.04

University Bancorp Semi-Annual Data
	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.26	0.38	0.30	1.04

Competitive Comparison of University Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, University 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.

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

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

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

University Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

University 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	+	81.757)	/	78.684
	=	1.04

University Bancorp'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	+	81.757)	/	78.684
	=	1.04

University Bancorp (OTCPK:UNIB) 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.

University Bancorp Debt-to-Equity Related Terms

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University Bancorp (University Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2015 Washtenaw Avenue, Ann Arbor, MI, USA, 48104

Website

https://www.university-bank.com

University Bancorp Inc is a holding company of University Bank (the Bank). It is a full-service community bank, which offers all customary banking services, including the acceptance of checking, savings and time deposits. The bank also makes commercial, real estate, personal, home improvement, automotive and another installment, credit card, and consumer loans, and provides fee-based services such as foreign currency exchange. The company's customer base is primarily located in the Ann Arbor, Michigan metropolitan statistical area. Its segments include The Bank & Midwest (community banking & servicing), ULG (mortgage banking), and UIF (faith-based lending).

Executives

Nicholas K Fortson	officer: CFO	959 MAIDEN LANE, ANN ARBOR MI 48105
Jove Corp	other: Affiliate of majority owner	3220 COOLIDGE HWY, BERKLEY MI 48072
Joseph Lange Ranzini	director, 10 percent owner	959 MAIDEN LANE, ANN ARBOR MI 48105
Stephen Lange Ranzini	director, 10 percent owner, officer: President & CEO	959 MAIDEN LANE, ANN ARBOR MI 48105
Mildred Lange Ranzini	10 percent owner	43 SWEETWATER, BELLE MEAD NJ 08502