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Coastal Financial (Coastal Financial) Debt-to-Equity : 0.18 (As of Dec. 2023)


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What is Coastal Financial Debt-to-Equity?

Coastal Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Coastal Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $53.9 Mil. Coastal Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $295.0 Mil. Coastal Financial's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

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

CCB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.3   Max: 0.51
Current: 0.18

During the past 8 years, the highest Debt-to-Equity Ratio of Coastal Financial was 0.51. The lowest was 0.18. And the median was 0.30.

CCB's Debt-to-Equity is ranked better than
84.36% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs CCB: 0.18

Coastal Financial Debt-to-Equity Historical Data

The historical data trend for Coastal 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.

Coastal Financial Debt-to-Equity Chart

Coastal Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.26 0.33 0.29 0.22 0.18

Coastal Financial 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 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 0.22 0.20 0.20 0.19 0.18

Competitive Comparison of Coastal Financial's Debt-to-Equity

For the Banks - Regional subindustry, Coastal 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.


Coastal Financial's Debt-to-Equity Distribution in the Banks Industry

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

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



Coastal Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coastal Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Coastal Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Coastal Financial  (NAS:CCB) 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.


Coastal Financial Debt-to-Equity Related Terms

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


Coastal Financial (Coastal Financial) Business Description

Traded in Other Exchanges
Address
5415 Evergreen Way, Everett, WA, USA, 98203
Coastal Financial Corp is a financial service provider. The company is engaged in providing banking products and services to consumers and small to medium sized businesses. The operating segment of the company is community banking. The services provided by the company include online banking and pay, mobile banking, securlock equip, and loans and deposit.
Executives
Eric M Sprink director, officer: President & CEO 5415 EVERGREEN WAY, EVERETT WA 98203
Steven D Hovde director 1110 LAKE COOK ROAD, SUITE 165, BUFFALO GROVE IL 60089
Andrew P Skotdal director 5415 EVERGREEN WAY, EVERETT WA 98203
John J Dickson officer: Chief Operations Officer C/O COASTAL FINANCIAL CORP, 5415 EVERGREEN WAY, EVERETT WA 98203
Russ A Keithley officer: Chief Lending Officer 5415 EVERGREEN WAY, EVERETT WA 98203
Curt Queyrouze officer: President 5415 EVERGREEN WAY, EVERETT WA 98203
Thomas D Lane director 5415 EVERGREEN WAY, EVERETT WA 98203
Michael Robert Patterson director 5415 EVERGREEN WAY, EVERETT WA 98203
Andrew R Dale director 5415 EVERGREEN WAY, EVERETT WA 98203
Pamela Unger director 5415 EVERGREEN WAY, EVERETT WA 98203
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Daniel J Lee officer: EVP & Chief Credit & Risk Off. 5415 EVERGREEN WAY, EVERETT WA 98203
Sadhana Akella-mishra director 5415 EVERGREEN WAY, EVERETT WA 98203
Haugen John M Jr director 5415 EVERGREEN WAY, EVERETT VA 98203
Stephan Klee director 5415 EVERGREEN WAY, EVERETT WA 98203

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