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First Niles Financial (First Niles Financial) Debt-to-Equity : 0.00 (As of Jun. 2018)


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What is First Niles Financial Debt-to-Equity?

First Niles Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0.00 Mil. First Niles Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0.00 Mil. First Niles Financial's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $20.02 Mil. First Niles Financial's debt to equity for the quarter that ended in Jun. 2018 was 0.00.

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 First Niles Financial's Debt-to-Equity or its related term are showing as below:

FNFI's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.65
* Ranked among companies with meaningful Debt-to-Equity only.

First Niles Financial Debt-to-Equity Historical Data

The historical data trend for First Niles Financial'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.

First Niles Financial Debt-to-Equity Chart

First Niles Financial Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec13 Dec14 Dec15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.25 2.31 2.09 2.19

First Niles Financial Semi-Annual Data
Jun99 Dec99 Jun00 Dec00 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec13 Dec14 Dec15 Jun17 Jun18
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 2.31 2.09 2.19 N/A -

Competitive Comparison of First Niles Financial's Debt-to-Equity

For the Banks - Regional subindustry, First Niles Financial'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.


First Niles Financial's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where First Niles Financial's Debt-to-Equity falls into.



First Niles Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Niles Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

First Niles Financial's Debt to Equity Ratio for the quarter that ended in Jun. 2018 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.


First Niles Financial  (OTCPK:FNFI) 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.


First Niles Financial Debt-to-Equity Related Terms

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


First Niles Financial (First Niles Financial) Business Description

Traded in Other Exchanges
N/A
Address
55 North Main Street, P.O. Box 311, Niles, OH, USA, 44446-0311
First Niles Financial Inc is a unitary, non-diversified holding company. It conducts a general banking business in Niles, Ohio, which consists of attracting deposits from the general public and applying those funds to the origination of loans for residential, commercial, and consumer purposes. The primary sources of revenue for the company are from interest and dividend income on loans and securities along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans, commitment fees, fees from financial guarantees, certain credit cards fees, and income on bank-owned life insurance.

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