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First Reliance Bancshares (First Reliance Bancshares) Debt-to-Revenue : 1.34 (As of Dec. 2016)


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What is First Reliance Bancshares Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

First Reliance Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.00 Mil. First Reliance Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $30.10 Mil. First Reliance Bancshares's annualized Revenue for the quarter that ended in Dec. 2016 was $22.50 Mil. First Reliance Bancshares's annualized Debt-to-Revenue for the quarter that ended in Dec. 2016 was 1.34.


First Reliance Bancshares Debt-to-Revenue Historical Data

The historical data trend for First Reliance Bancshares's Debt-to-Revenue 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.

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First Reliance Bancshares Debt-to-Revenue Chart

First Reliance Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 2.00 1.94 1.05 1.34

First Reliance Bancshares Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Revenue 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 1.02 2.00 1.94 1.05 1.34

Competitive Comparison of First Reliance Bancshares's Debt-to-Revenue

For the Banks - Regional subindustry, First Reliance Bancshares's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Reliance Bancshares's Debt-to-Revenue Distribution in the Banks Industry

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

* The bar in red indicates where First Reliance Bancshares's Debt-to-Revenue falls into.



First Reliance Bancshares Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

First Reliance Bancshares's Debt-to-Revenue for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 30.1) / 22.498
=1.34

First Reliance Bancshares's annualized Debt-to-Revenue for the quarter that ended in Dec. 2016 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 30.1) / 22.498
=1.34

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is one times the quarterly (Dec. 2016) Revenue data.


First Reliance Bancshares Debt-to-Revenue Related Terms

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First Reliance Bancshares (First Reliance Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
2170 West Palmetto Street, Florence, SC, USA, 29501
First Reliance Bancshares Inc operates as the holding company for First Reliance Bank. The company is engaged in the provision of a broad range of banking services, concentrating on individuals and small to medium-sized businesses desiring a high level of personalized services. The bank offers various services, such as personal banking, business banking, treasury services, online/mobile banking, wealth strategies, etc. The bank mainly operates throughout North Carolina and South Carolina.

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