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Flushing Financial (Flushing Financial) Debt-to-Equity : 1.32 (As of Dec. 2023)


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What is Flushing Financial Debt-to-Equity?

Flushing Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Flushing Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $882.1 Mil. Flushing Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $669.8 Mil. Flushing Financial's debt to equity for the quarter that ended in Dec. 2023 was 1.32.

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

FFIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.28   Med: 2.14   Max: 2.47
Current: 1.32

During the past 13 years, the highest Debt-to-Equity Ratio of Flushing Financial was 2.47. The lowest was 1.28. And the median was 2.14.

FFIC's Debt-to-Equity is ranked worse than
72.67% of 1394 companies
in the Banks industry
Industry Median: 0.7 vs FFIC: 1.32

Flushing Financial Debt-to-Equity Historical Data

The historical data trend for Flushing 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.

Flushing Financial Debt-to-Equity Chart

Flushing Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 1.75 1.28 1.62 1.32

Flushing 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 1.62 1.39 1.34 1.56 1.32

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

For the Banks - Regional subindustry, Flushing 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.


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

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

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



Flushing Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Flushing 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.


Flushing Financial  (NAS:FFIC) 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.


Flushing Financial Debt-to-Equity Related Terms

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


Flushing Financial (Flushing Financial) Business Description

Traded in Other Exchanges
Address
220 RXR Plaza, Uniondale, NY, USA, 11556
Flushing Financial Corp operates as a bank holding company, which is engaged in the provision of banking and financial services. The bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans.
Executives
Steven J Diorio director 220 RXR PLAZA, UNIONDALE NY 11556
Maria A Grasso officer: Executive VP & COO 220 RXR PLAZA, UNIONDALE NY 11556
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Francis W Korzekwinski officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Theresa Kelly officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Douglas J Mcclintock officer: SEVP 220 RXR PLAZA, UNIONDALE NY 11556
John R Buran officer: Executive Vice President & COO 220 RXR PLAZA, UNIONDALE NY 11556
Susan Cullen officer: Executive Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Thomas Buonaiuto officer: Senior Executive Vice Presiden ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Douglas C Manditch director ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Michael A Azarian director 220 RXR PLAZA, UNIONDALE NY 11556
Han Sam Sang Ki director 220 RXR PLAZA, UNIONDALE NY 11556
Donna M Obrien director 220 RXR PLAZA, UNIONDALE NY 11556
Roe John E Sr director 220 RXR PLAZA, UNIONDALE NY 11556
James Davison Bennett director 220 RXR PLAZA, UNIONDALE NY 11556