Logansport Financial (Logansport Financial) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Logansport Financial Debt-to-Equity?

Logansport Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Logansport Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Logansport Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $20.72 Mil. Logansport Financial's debt to equity for the quarter that ended in Dec. 2023 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 Logansport Financial's Debt-to-Equity or its related term are showing as below:

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

Logansport Financial Debt-to-Equity Historical Data

The historical data trend for Logansport 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.

Logansport Financial Debt-to-Equity Chart

Logansport Financial Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec08

Dec09

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.69

Logansport Financial Semi-Annual Data
	Dec95	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec08	Dec09	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										1.69	-	-	-	-

Competitive Comparison of Logansport Financial's Debt-to-Equity

For the Banks - Regional subindustry, Logansport 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.

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

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

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

Logansport Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Logansport Financial'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	+	0)	/	20.717
	=	0.00

Logansport Financial's Debt to Equity Ratio for the quarter 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	+	0)	/	20.717
	=	0.00

Logansport Financial (OTCPK:LOGN) 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.

Logansport Financial Debt-to-Equity Related Terms

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

Logansport Financial (Logansport Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Logansport Financial Corp (OTCPK:LOGN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

723 East Broadway, Logansport, IN, USA, 46947

Website

https://www.logansportsavings.com

Logansport Financial Corp is the holding company for Logansport Savings Bank. It is engaged primarily in the business of attracting retail deposits from the public. The company provides Personal Banking; Personal Lending and Business Banking.

Executives

Allen D Schieber	officer: Senior Vice President	C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Thomas G Williams	director	C/O LOGANSPORT FINANCIAL CORP, 723 EAST BROADWAY, LOGANSPORT IN 46947
David G Wihebrink	director, officer: President and CEO	C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
William Jr Tinchler	director	C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Charles J Evans	director, officer: Senior Vice President	C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947