Farmers & Merchants Bancorp (Farmers & Merchants Bancorp) Debt-to-Equity : 0.95 (As of Dec. 2023)

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What is Farmers & Merchants Bancorp Debt-to-Equity?

Farmers & Merchants Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Farmers & Merchants Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $300.45 Mil. Farmers & Merchants Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $316.54 Mil. Farmers & Merchants Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.95.

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 Farmers & Merchants Bancorp's Debt-to-Equity or its related term are showing as below:

FMAO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.1 Max: 0.95
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Farmers & Merchants Bancorp was 0.95. The lowest was 0.04. And the median was 0.10.

FMAO's Debt-to-Equity is ranked worse than
62.43% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs FMAO: 0.95

Farmers & Merchants Bancorp Debt-to-Equity Historical Data

The historical data trend for Farmers & Merchants Bancorp'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.

Farmers & Merchants Bancorp Debt-to-Equity Chart

Farmers & Merchants Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.07

0.33

0.58

0.95

Farmers & Merchants Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.58	0.65	0.99	0.99	0.95

Competitive Comparison of Farmers & Merchants Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Farmers & Merchants Bancorp'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.

Farmers & Merchants Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers & Merchants Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Farmers & Merchants Bancorp's Debt-to-Equity falls into.

Farmers & Merchants Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Farmers & Merchants Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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	+	300.452)	/	316.543
	=	0.95

Farmers & Merchants Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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	+	300.452)	/	316.543
	=	0.95

Farmers & Merchants Bancorp (NAS:FMAO) 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.

Farmers & Merchants Bancorp Debt-to-Equity Related Terms

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

Farmers & Merchants Bancorp (Farmers & Merchants Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Farmers & Merchants Bancorp Inc (NAS:FMAO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

307 North Defiance Street, Archbold, OH, USA, 43502

Website

https://www.fm.bank

Farmers & Merchants Bancorp Inc is a holding company for Farmers & Merchants Bank of Central California. It engages in general commercial banking business. Its activities include commercial, agricultural and residential mortgages as well as consumer and credit card lending activities. The interest received on lending to the commercial and retail market forms the basis of the bank's primary revenue.

Executives

Eugene N Burkholder	director	12730 US HIGHWAY 20A, WAUSEON OH 43567
Steven J Planson	director	22199 COUNTY ROAD F, STRYKER OH 43557
David P Vernon	director	307 N DEFIANCE ST, ARCHBOLD OH 43502
Jo Ellen Hornish	director	24880 BANNER SCHOOL RD, DEFIANCE OH 43512
Andrew J Briggs	director	307 N DEFIANCE STREET, ARCHBOLD OH 43502
Simon R. Frank	director	307 N. DEFIANCE STREET, ARCHBOLD OH 43502
Lori Ann Johnston	director	307 N DEFIANCE STREET, ARCHBOLD OH 43502
Lars B Eller	officer: President & CEO	214 CALEB STREET, WEST CHESTER PA 19382
Paul S Siebenmorgen	officer: Sr. Executive VP
Anthony Rupp	director	203 N. DEFIANCE ST., ARCHBOLD OH 43502
Jackson Jack Cornelius	director	105 S MAIN STREET, BRYAN OH 43506
Marcia Sloan Latta	director	1528 MUIRFIELD DR, BOWLING GREEN OH 43402
Katrina L Degroff	officer: Sr. Vice President	6085 COUNTY RD 13, WAUSEON OH 43567
Phillip P Lucas	officer: Sr. Vice President	5047 STONESPRING CRT, ANDERSON IN 46012
Benet S Rupp	officer: Sr. Vice President	3963 TIMBER VALLEY DR, MAUMEE OH 4337