Citizens First (Citizens First) Debt-to-Equity : 0.68 (As of Mar. 2019)

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What is Citizens First Debt-to-Equity?

Citizens First's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $0.00 Mil. Citizens First's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $35.00 Mil. Citizens First's Total Stockholders Equity for the quarter that ended in Mar. 2019 was $51.39 Mil. Citizens First's debt to equity for the quarter that ended in Mar. 2019 was 0.68.

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 Citizens First's Debt-to-Equity or its related term are showing as below:

CZFC's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

Citizens First Debt-to-Equity Historical Data

The historical data trend for Citizens First'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.

Citizens First Debt-to-Equity Chart

Citizens First Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

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0.79

0.51

0.94

0.98

0.70

Citizens First Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Debt-to-Equity	Get a 7-Day Free Trial															1.12	1.05	0.82	0.70	0.68

Competitive Comparison of Citizens First's Debt-to-Equity

For the Banks - Regional subindustry, Citizens First'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.

Citizens First's Debt-to-Equity Distribution in the Banks Industry

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

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

Citizens First Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citizens First's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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	+	35)	/	50.019
	=	0.70

Citizens First's Debt to Equity Ratio for the quarter that ended in Mar. 2019 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	+	35)	/	51.386
	=	0.68

Citizens First (NAS:CZFC) 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.

Citizens First Debt-to-Equity Related Terms

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

Citizens First (Citizens First) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens First Corp (NAS:CZFC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1065 Ashley Street, Bowling Green, KY, USA, 42103

Website

http://www.citizensfirstbank.com

Citizens First Corp is the bank holding company for Citizens First Bank, operational in the United States. The Bank conducts full-service community banking operations and is primarily engaged in the business of accepting demand, savings and time deposits insured by the Federal Deposit Insurance Corporation (FDIC) and providing commercial, consumer, and mortgage loans to the general public. The Bank also provides debit cards, credit cards, safekeeping and safe deposit boxes, automated clearing house (ACH) and other direct deposit services, savings bond redemptions, cashier's checks, travelers' checks and letters of credit.

Executives

Jack Sheidler	director	1065 ASHLEY STREET, SUITE 200, BOWLING GREEN KY 42130
Charles Bradford Harris	officer: Exe VP and Corp Gen Counsel	2500 EASTPOINT PARKWAY, LOUISVILLE KY 40223
Maria L Bouvette	director, officer: President and CEO	162 S BUCKMAN STREET, SHEPHERDSVILLE KY 40165
J Chester Porter	10 percent owner	162 S. BUCKMAN STREET, SHEPHERDSVILLE KY 40165