Broadway Financial (Broadway Financial) Debt-to-Equity

: 0.81 (As of Jun. 2023)

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Broadway Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Broadway Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $224.27 Mil. Broadway Financial's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $277.29 Mil. Broadway Financial's debt to equity for the quarter that ended in Jun. 2023 was 0.81.

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 Broadway Financial's Debt-to-Equity or its related term are showing as below:

BYFC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 1.81 Max: 3.77
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of Broadway Financial was 3.77. The lowest was 0.17. And the median was 1.81.

BYFC's Debt-to-Equity is ranked worse than
54.79% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs BYFC: 0.81

Broadway Financial Debt-to-Equity Historical Data

The historical data trend for Broadway Financial'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.

Broadway Financial Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

1.55

1.81

2.33

0.71

0.51

Broadway Financial Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity																0.17	0.17	0.51	0.65	0.81

Competitive Comparison

For the Banks - Regional subindustry, Broadway Financial'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.

Broadway Financial Debt-to-Equity Distribution

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

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

Broadway Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Broadway Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	142.344)	/	279.482
	=	0.51

Broadway Financial's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	224.268)	/	277.289
	=	0.81

Broadway Financial (NAS:BYFC) 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.

Broadway Financial Debt-to-Equity Related Terms

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

Broadway Financial (Broadway Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Broadway Financial Corp (NAS:BYFC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4601 Wilshire Boulevard, Suite 150, Los Angeles, CA, USA, 90010

Website

http://www.broadwayfederalbank.com

Broadway Financial Corp is active in the financial services domain. It is a savings and loan holding company in the United States. The Bank's business consists of deposits from the general public and using such deposits, together with borrowings and other funds, to make mortgage loans secured by residential properties and commercial real estate. Its deposits consist of passbook savings accounts, checking accounts, and negotiable order of withdrawal accounts, money market accounts and fixed-term certificates of deposit.

Executives

Lashanya Demetrice Washington	officer: EVP, Chief Credit Officer	10616 CHERYL TURN, WALDORF MD 20603
Brian E Argrett	director, officer: President/CEO	12555 W. JEFFERSON BLVD., LOS ANGELES CA 90066
Thomas Andrew Nida	officer: EVP, Market Executive	6445 LUZON AVENUE, N.Q., #517, WASHINGTON DC 20012
Brenda J Battey	officer: EVP/Chief Financial Officer	4800 WILSHIRE BOULEVARD, LOS ANGELES CA 90036
Ruth Mccloud	officer: EVP/COO	5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Sonja Sanders Wells	officer: EVP/E. Commercial Reg. Exec	540 N STREET SW, UNIT-S-103, WASHINGTON DC 20024
John Frederick Tellenbach	officer: EVP, West Comm. Reg. Exec.	26838 INDIAN PEAK RD., RANCHO PALOS VERDES CA 90275
William A Longbrake	director	C/O WASHINGTON MUTUAL INC, 1201 THIRD AVE , WMT 1503, SEATTLE WA 98111
John Driver	director	13983 ARBOLITOS DRIVE, POWAY CA 92064
City First Enterprises Inc.	10 percent owner	1 THOMAS CIRCLE NW, STE 700, WASHINGTON DC 20005
Mary Ann Donovan	director	513 7TH STREET NE, WASHINGTON DC 20002
David J. Mcgrady	director	1132 23RD AVENUE E., SEATTLE WA 98112
Shannan Alicia Herbert	officer: EVP/Chief Credit Officer	10104 RUNNING BROOK LANE, UPPER MARLBORO MD 20772
Marie C Johns	director	WLR FOODS INC, P O BOX 7000, BROADWAY VA 22815
Jack T Thompson	director	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753