Guaranty Bancorp (Guaranty Bancorp) Debt-to-Equity : 0.70 (As of Sep. 2018)

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What is Guaranty Bancorp Debt-to-Equity?

Guaranty Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.0 Mil. Guaranty Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $298.2 Mil. Guaranty Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $428.2 Mil. Guaranty Bancorp's debt to equity for the quarter that ended in Sep. 2018 was 0.70.

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 Guaranty Bancorp's Debt-to-Equity or its related term are showing as below:

GBNK's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.695
* Ranked among companies with meaningful Debt-to-Equity only.

Guaranty Bancorp Debt-to-Equity Historical Data

The historical data trend for Guaranty Bancorp'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.

Guaranty Bancorp Debt-to-Equity Chart

Guaranty Bancorp Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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0.82

0.90

1.38

0.74

0.72

Guaranty Bancorp Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Debt-to-Equity	Get a 7-Day Free Trial															0.50	0.72	0.54	0.80	0.70

Competitive Comparison of Guaranty Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Guaranty Bancorp'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.

Guaranty Bancorp's Debt-to-Equity Distribution in the Banks Industry

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

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

Guaranty Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guaranty Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
	=	(157.444	+	135.065)	/	404.899
	=	0.72

Guaranty Bancorp's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	298.187)	/	428.239
	=	0.70

Guaranty Bancorp (NAS:GBNK) 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.

Guaranty Bancorp Debt-to-Equity Related Terms

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

Guaranty Bancorp (Guaranty Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guaranty Bancorp (NAS:GBNK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.gbnk.com

Guaranty Bancorp is a bank holding company providing banking and other financial services throughout Colorado market to consumers and to small and medium-sized businesses, including the owners and employees of those businesses.

Executives

Suzanne R Brennan	director	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
W Kirk Wycoff	director	PATRIOT FINANCIAL PARTNERS, LP, 2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104
Eggemeyer John M Iii	director	PO BOX 1329, RANCHO SANTA FE CA 92067
Christopher G Treece	officer: EVP, CFO & Secretary	1331 17TH STREET, SUITE 200, DENVER CO 80202
Paul W Taylor	director, officer: President & CEO	1331 SEVENTEENTH STREET,, SUITE 200, DENVER CO 80202
Michael B Hobbs	officer: President, Guaranty Bank	1331 17TH STREET, SUITE 200, DENVER CO 80202
Albert C Yates	director	C/O COLORADO STATE UNIVERSITY, LAUREL HALL, ROOM 12, FORT COLLINS CO 80523
Ralph V Whitworth	10 percent owner	RELATIONAL INVESTORS LLC, 12400 HIGH BLUFF DRIVE, SUITE 600, SAN DIEGO CA 92130
Relational Investors Llc	10 percent owner	12400 HIGH BLUFF DRIVE, SUITE 600, SAN DIEGO CA 92130
William J Ruh	10 percent owner	PO BOX 1329, RANCHO SANTA FE CA 92067
James K Simons	officer: EVP & CCO	1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Kathleen Smythe	director	1331 17TH STREET, STE. 300, DENVER CO 80202
Patriot Financial Partners Gp, Lp	10 percent owner	FOUR RADNOR CORPORATE CENTER, SUITE 210, 100 MATSONFORD ROAD, RADNOR PA 19087
Patriot Financial Partners Gp, Llc	10 percent owner	2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104
Patriot Financial Partners Parallel, L.p.	10 percent owner	2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104