Carolina Trust BancShares (Carolina Trust BancShares) Debt-to-Equity : 0.42 (As of Sep. 2019)

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What is Carolina Trust BancShares Debt-to-Equity?

Carolina Trust BancShares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Carolina Trust BancShares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $30.10 Mil. Carolina Trust BancShares's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $71.44 Mil. Carolina Trust BancShares's debt to equity for the quarter that ended in Sep. 2019 was 0.42.

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 Carolina Trust BancShares's Debt-to-Equity or its related term are showing as below:

CART' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.49 Max: 1.4
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Carolina Trust BancShares was 1.40. The lowest was 0.03. And the median was 0.49.

CART's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.69 vs CART: 0.42

Carolina Trust BancShares Debt-to-Equity Historical Data

The historical data trend for Carolina Trust BancShares'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.

Carolina Trust BancShares Debt-to-Equity Chart

Carolina Trust BancShares Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

Get a 7-Day Free Trial

0.75

0.48

0.83

1.15

0.52

Carolina Trust BancShares Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Debt-to-Equity	Get a 7-Day Free Trial															0.53	0.52	0.39	0.39	0.42

Competitive Comparison of Carolina Trust BancShares's Debt-to-Equity

For the Banks - Regional subindustry, Carolina Trust BancShares'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.

Carolina Trust BancShares's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Carolina Trust BancShares's Debt-to-Equity falls into.

Carolina Trust BancShares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Carolina Trust BancShares'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	+	25.994)	/	50.261
	=	0.52

Carolina Trust BancShares's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	30.102)	/	71.436
	=	0.42

Carolina Trust BancShares (NAS:CART) 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.

Carolina Trust BancShares Debt-to-Equity Related Terms

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Carolina Trust BancShares (Carolina Trust BancShares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Carolina Trust BancShares Inc (NAS:CART) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 East Main Street, Lincolnton, NC, USA, 28092

Website

http://www.carolinatrust.com

Carolina Trust BancShares Inc is a bank holding company. The bank offers a range of financial services to small-to-medium-sized businesses, professionals and individual consumers in its community. It also offers a range of banking services, including checking and savings accounts; commercial, installment, mortgage and personal loans; safe deposit boxes, and other associated services. Carolina Trust offers personal banking and business banking services. The bank's market area consists primarily of Lincoln, Gaston and Rutherford Counties, North Carolina and includes parts of Catawba County.

Executives

Jerry L Ocheltree

director, officer: President & CEO

901 EAST MAIN STREET, LINCOLNTON NC 28092