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VSB Bancorp (VSB Bancorp) Debt-to-Equity : 0.12 (As of Mar. 2020)


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What is VSB Bancorp Debt-to-Equity?

VSB Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $0.00 Mil. VSB Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $4.79 Mil. VSB Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2020 was $39.24 Mil. VSB Bancorp's debt to equity for the quarter that ended in Mar. 2020 was 0.12.

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

VSBN's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

VSB Bancorp Debt-to-Equity Historical Data

The historical data trend for VSB 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.

VSB Bancorp Debt-to-Equity Chart

VSB Bancorp Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.13

VSB Bancorp Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.54 0.26 0.13 0.12

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

For the Banks - Regional subindustry, VSB 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.


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

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

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



VSB Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VSB Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

VSB Bancorp's Debt to Equity Ratio for the quarter that ended in Mar. 2020 is calculated as

* 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.


VSB Bancorp  (OTCPK:VSBN) 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.


VSB Bancorp Debt-to-Equity Related Terms

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


VSB Bancorp (VSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
4142 Hylan Boulevard, Staten Island, NY, USA, 10308
VSB Bancorp Inc is a United States based bank holding company for Victory State Bank. Through the bank, the company is engaged in the business of commercial banking and retail banking. It gathers deposits from individuals and businesses in Staten Island, New York and makes loans throughout that community. The bank also invests funds that are not used for lending primarily in government securities, mortgage backed securities and collateralized mortgage obligations. The bank's revenue are derived principally from interest on its commercial and investment securities portfolios.

VSB Bancorp (VSB Bancorp) Headlines

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