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Gouverneur Bancorp Inc  (OTCPK:GOVB) Debt-to-Equity: 1.34 (As of Jun. 2008)

Gouverneur Bancorp Inc's Current Portion of Long-Term Debt for the quarter that ended in Jun. 2008 was $0.00 Mil. Gouverneur Bancorp Inc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2008 was $27.95 Mil. Gouverneur Bancorp Inc's Total Equity for the quarter that ended in Jun. 2008 was $20.82 Mil. Gouverneur Bancorp Inc's debt to equity for the quarter that ended in Jun. 2008 was 1.34.

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Gouverneur Bancorp Inc Annual Data

Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 1.28 1.97 1.78 1.62

Gouverneur Bancorp Inc Quarterly Data

Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 1.69 1.62 1.59 1.41 1.34

Competitive Comparison
* 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.


Calculation

Debt to Equity measures the financial leverage a company has.

Gouverneur Bancorp Inc's Debt to Equity Ratio for the fiscal year that ended in Sep. 2007 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(0 + 33.15) / 20.43
=1.62

Gouverneur Bancorp Inc's Debt to Equity Ratio for the quarter that ended in Jun. 2008 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(0 + 27.95) / 20.821
=1.34

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation divided by Total 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.


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