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ASB Bancorp (ASB Bancorp) Debt-to-Equity : 0.21 (As of Jun. 2017)


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What is ASB Bancorp Debt-to-Equity?

ASB Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.31 Mil. ASB Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $20.00 Mil. ASB Bancorp's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $96.27 Mil. ASB Bancorp's debt to equity for the quarter that ended in Jun. 2017 was 0.21.

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

ASBB's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.68
* Ranked among companies with meaningful Debt-to-Equity only.

ASB Bancorp Debt-to-Equity Historical Data

The historical data trend for ASB 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.

ASB Bancorp Debt-to-Equity Chart

ASB Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial 0.45 0.50 0.54 0.56 0.55

ASB Bancorp Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.53 0.55 0.55 0.22 0.21

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

For the Banks - Regional subindustry, ASB 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.


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

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

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



ASB Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ASB Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

ASB Bancorp's Debt to Equity Ratio for the quarter that ended in Jun. 2017 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.


ASB Bancorp  (NAS:ASBB) 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.


ASB Bancorp Debt-to-Equity Related Terms

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


ASB Bancorp (ASB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
ASB Bancorp Inc along with its subsidiary operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area.
Executives
Lawrence B Seidman director LANIDEX CORPORATE PARK, 100 LANIDEX PLAZA 1ST FL, PARSIPPANY NJ 07054
Suzanne S Deferie director, officer: President & CEO 11 CHURCH STREET, ASHEVILLE NC 28801
John B Gould director 11 CHURCH STREET, ASHEVILLE NC 28801

ASB Bancorp (ASB Bancorp) Headlines