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MainStreet Bancshares (MainStreet Bancshares) Debt-to-Equity : 0.33 (As of Dec. 2023)


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What is MainStreet Bancshares Debt-to-Equity?

MainStreet Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. MainStreet Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $72.64 Mil. MainStreet Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $221.52 Mil. MainStreet Bancshares's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 MainStreet Bancshares's Debt-to-Equity or its related term are showing as below:

MNSB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.43   Max: 1.18
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of MainStreet Bancshares was 1.18. The lowest was 0.04. And the median was 0.43.

MNSB's Debt-to-Equity is ranked better than
70.42% of 1393 companies
in the Banks industry
Industry Median: 0.67 vs MNSB: 0.33

MainStreet Bancshares Debt-to-Equity Historical Data

The historical data trend for MainStreet Bancshares'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.

MainStreet Bancshares Debt-to-Equity Chart

MainStreet Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.09 0.16 0.87 0.33

MainStreet Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.57 0.34 0.34 0.33 0.33

Competitive Comparison of MainStreet Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, MainStreet Bancshares'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.


MainStreet Bancshares's Debt-to-Equity Distribution in the Banks Industry

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

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



MainStreet Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MainStreet Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

MainStreet Bancshares's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


MainStreet Bancshares  (NAS:MNSB) 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.


MainStreet Bancshares Debt-to-Equity Related Terms

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


MainStreet Bancshares (MainStreet Bancshares) Business Description

Traded in Other Exchanges
Address
10089 Fairfax Boulevard, Fairfax, VA, USA, 22030
MainStreet Bancshares Inc is a bank holding company. It is focused on serving the borrowing, cash management and depository needs of small to medium-sized businesses, and professional practices and retail customers. The bank's products and services include business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit and other depository services, as well as a broad array of commercial, real estate and consumer loans.
Executives
Jeff W Dick director, officer: See Remarks 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Russell Echlov director 500 E WASHINGTON ST, GREENVILLE SC 29601
Thomas J Chmelik director, officer: See Remarks 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Richard Alexander Vari officer: Chief Accounting Officer 10089, FAIRFAX VA 22030
Charles C. Brockett director, officer: President 8245 BOONE BOULEVARD, TYSONS CORNER VA 22182
Rafael E Deleon director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Abdulhamid Hersiburane officer: President 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Patsy I Rust director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Terry M Saeger director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Elizabeth S Bennett director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Darrell Green director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Paul Thomas Haddock director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030