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California Bancorp Debt-to-Equity

: 2.77 (As of Jun. 2020)
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California Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. California Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $369.69 Mil. California Bancorp's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $133.67 Mil. California Bancorp's debt to equity for the quarter that ended in Jun. 2020 was 2.77.

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.

NAS:CALB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.22   Max: 2.77
Current: 2.77

0.04
2.77

During the past 4 years, the highest Debt-to-Equity Ratio of California Bancorp was 2.77. The lowest was 0.04. And the median was 0.22.

NAS:CALB's Debt-to-Equity is ranked lower than
91% of the 1316 Companies
in the Banks industry.

( Industry Median: 0.69 vs. NAS:CALB: 2.77 )

California Bancorp Debt-to-Equity 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.

California Bancorp Annual Data
Dec16 Dec17 Dec18 Dec19
Debt-to-Equity 0.44 0.19 0.04 0.12

California Bancorp Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.28 0.19 0.12 0.21 2.77

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.


California Bancorp Debt-to-Equity Distribution

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



California Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

California Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

California Bancorp's Debt to Equity Ratio for the quarter that ended in Jun. 2020 is calculated as

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


California Bancorp  (NAS:CALB) 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.


California Bancorp Debt-to-Equity Related Terms


California Bancorp Debt-to-Equity Headlines

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