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First Bancorp (First Bancorp) Debt-to-Revenue : 2.09 (As of Mar. 2024)


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What is First Bancorp Debt-to-Revenue?

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

First Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $84.78 Mil. First Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $70.00 Mil. First Bancorp's annualized Revenue for the quarter that ended in Mar. 2024 was $74.08 Mil. First Bancorp's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 2.09.


First Bancorp Debt-to-Revenue Historical Data

The historical data trend for First Bancorp'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.

* Premium members only.

First Bancorp Debt-to-Revenue Chart

First Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 3.36 0.64 0.42 1.11

First Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.45 2.09 1.12 2.09

Competitive Comparison of First Bancorp's Debt-to-Revenue

For the Banks - Regional subindustry, First Bancorp'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 Bancorp's Debt-to-Revenue Distribution in the Banks Industry

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

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



First Bancorp Debt-to-Revenue Calculation

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

First Bancorp's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(20.076 + 69.652) / 80.644
=1.11

First Bancorp's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(84.779 + 70) / 74.08
=2.09

* 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 four times the quarterly (Mar. 2024) Revenue data.


First Bancorp Debt-to-Revenue Related Terms

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First Bancorp (First Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
223 Main Street, Damariscotta, ME, USA, 04543
First Bancorp Inc is a Damariscotta-based bank holding company providing a range of retail and commercial banking services including deposit accounts and consumer, commercial and mortgage loans. The company provides investment management and private banking services through an operating division of the bank. Its revenues are generally derived from dividends paid to the company by the bank.
Executives
Stuart G Smith director P O BOX 940, DAMARISCOTTA ME 045430940
Robert B Gregory director P O BOX 940, DAMARISCOTTA ME 045430940
Sarah Tolman officer: EVP - CBO PO BOX 940, DAMARISCOTTA ME 04543
Kimberly Swan director PO BOX 940, DAMARISCOTTA ME 04543
Susan A Norton officer: VP - HR and Compliance P O BOX 940, DAMARISCOTTA ME 045430940
Mark N Rosborough director PO BOX 940, DAMARISCOTTA ME 04543
Renee W Kelly director PO BOX 940, DAMARISCOTTA ME 04543
Russell Cornelius J director PO BOX 940, DAMARISCOTTA MD 04543
Jonathan W Nicholson officer: EVP - Chief Lending Officer PO BOX 940, DAMARISCOTTA ME 04543
Tony C Mckim director, officer: President & CEO PO BOX 940, DAMARISCOTTA ME 04543
Peter C Nicholson officer: EVP - Chief Fiduciary Officer PO BOX 940, DAMARISCOTTA ME 04543
Tammy L Plummer officer: EVP - CIO PO BOX 940, DAMARISCOTTA ME 04543
Charles A Wooton officer: Clerk, SVP - Banking Services P O BOX 940, DAMARISCOTTA ME 045430940
Steven Parady officer: Chief Fiduciary Officer PO BOX 940, DAMARISCOTTA ME 04543
Katherine M Boyd director P O BOX 940, DAMARISCOTTA ME 045430940