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First US Bancshares (First US Bancshares) Debt-to-Equity : 0.23 (As of Dec. 2023)


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What is First US Bancshares Debt-to-Equity?

First US Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.00 Mil. First US Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.80 Mil. First US Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $90.59 Mil. First US Bancshares's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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 First US Bancshares's Debt-to-Equity or its related term are showing as below:

FUSB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.19   Max: 0.36
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of First US Bancshares was 0.36. The lowest was 0.01. And the median was 0.19.

FUSB's Debt-to-Equity is ranked better than
80.85% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs FUSB: 0.23

First US Bancshares Debt-to-Equity Historical Data

The historical data trend for First US 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.

First US Bancshares Debt-to-Equity Chart

First US Bancshares 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 0.12 0.12 0.23 0.36 0.23

First US Bancshares 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 0.36 0.42 0.48 0.47 0.23

Competitive Comparison of First US Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, First US 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.


First US Bancshares's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where First US Bancshares's Debt-to-Equity falls into.



First US Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First US Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

First US Bancshares'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.


First US Bancshares  (NAS:FUSB) 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.


First US Bancshares Debt-to-Equity Related Terms

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


First US Bancshares (First US Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
3291 U.S. Highway 280, Suite 100, Birmingham, AL, USA, 35243
First US Bancshares Inc is a bank holding company. The Bank conducts a general commercial banking business and offers banking services such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a range of commercial banking services to small and medium-sized businesses, property managers, business executives, professionals and other individuals. The Bank has two reportable operating segments namely the Bank and Acceptance Loan Company. The majority of the revenue is generated through interest earned on financial instruments, including loans and investment securities.
Executives
Robert S Briggs director
James F House director, officer: President & CEO P O BOX 249, THOMASVILLE AL 36784
David Peter Hale director 131 WEST FRONT STREET, P O BOX 249, THOMASVILLE AL 36784
Thomas S Elley officer: VP,CFO,PAO,Treas,Asst Sec P O BOX 249, THOMASVILLE AL 36784
Marlene M Mccain director P O BOX 249, THOMASVILLE AL 36784
Bearden Andrew C Jr director
Anthony Cashio officer: EVP, Chief Credit Officer-FUSB P O BOX 249, THOMASVILLE AL 36784
Bruce N Wilson director
Henderson J Samuel Iii officer: EVP, Bham Market Exec, FUSB P O BOX 249, THOMASVILLE AL 36784
Sheri S Cook director P O BOX 249, THOMASVILLE AL 36784
Aubrey S Miller director P O BOX 249, THOMASVILLE AL 36784
Donna D Smith director P O BOX 249, THOMASVILLE AL 36784
Phillip Wheat officer: SVP,CIO/Info Sec Off of FUSB P O BOX 249, THOMASVILLE AL 36784
Strickland Alonzo A J J director
David L Saylors officer: SVP, HR Director of FUSB P O BOX 249, THOMASVILLE AL 36784

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