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Eastern Michigan Financial (Eastern Michigan Financial) Net Debt Paydown Yield % : 0% (As of May. 20, 2024)


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What is Eastern Michigan Financial Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Eastern Michigan Financial's Net Debt Paydown Yield % was 0%.


Eastern Michigan Financial Net Debt Paydown Yield % Historical Data

The historical data trend for Eastern Michigan Financial's Net Debt Paydown Yield % 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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Eastern Michigan Financial Net Debt Paydown Yield % Chart

Eastern Michigan Financial Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Net Debt Paydown Yield %
- - - - -

Eastern Michigan Financial Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06
Net Debt Paydown Yield % - - - - -

Competitive Comparison of Eastern Michigan Financial's Net Debt Paydown Yield %

For the Banks - Regional subindustry, Eastern Michigan Financial's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


Eastern Michigan Financial's Net Debt Paydown Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eastern Michigan Financial's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Eastern Michigan Financial's Net Debt Paydown Yield % falls into.



Eastern Michigan Financial Net Debt Paydown Yield % Calculation

Eastern Michigan Financial's Net Debt Paydown Yield % for the quarter that ended in Dec. 2006 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( - )/24.0036588
=-1.19 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Eastern Michigan Financial  (OTCPK:EFIN) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Eastern Michigan Financial Net Debt Paydown Yield % Related Terms

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Eastern Michigan Financial (Eastern Michigan Financial) Business Description

Traded in Other Exchanges
N/A
Address
65 North Howard Avenue, Croswell, MI, USA, 48422
Eastern Michigan Financial Corp is a bank holding company. The Company through its holding provides baking products and services including personal banking, business banking and lending including diversified loans. Personal banking includes debit and credit cards, mobile banking and deposit services where Business banking includes cash management and other business-related services. The portfolio segments include commercial and industrial, agricultural, real estate related industries, other commercial loans, residential real estate, consumer and other, and home equity.

Eastern Michigan Financial (Eastern Michigan Financial) Headlines

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