Greene County Bancorp (Greene County Bancorp) Debt-to-Equity : 0.92 (As of Dec. 2023)

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What is Greene County Bancorp Debt-to-Equity?

Greene County Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $125.00 Mil. Greene County Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $53.96 Mil. Greene County Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $195.30 Mil. Greene County Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.92.

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

GCBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.3 Max: 1.1
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of Greene County Bancorp was 1.10. The lowest was 0.11. And the median was 0.30.

GCBC's Debt-to-Equity is ranked worse than
60.47% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs GCBC: 0.92

Greene County Bancorp Debt-to-Equity Historical Data

The historical data trend for Greene County 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.

Greene County Bancorp Debt-to-Equity Chart

Greene County Bancorp Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.19

0.20

0.15

1.10

0.27

Greene County Bancorp 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															0.93	0.28	0.27	0.29	0.92

Competitive Comparison of Greene County Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Greene County 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.

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

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

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

Greene County Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Greene County Bancorp's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 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	+	49.495)	/	183.283
	=	0.27

Greene County Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(125	+	53.962)	/	195.296
	=	0.92

Greene County Bancorp (NAS:GCBC) 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.

Greene County Bancorp Debt-to-Equity Related Terms

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Greene County Bancorp (Greene County Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Greene County Bancorp Inc (NAS:GCBC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

302 Main Street, Catskill, NY, USA, 12414

Website

http://www.tbogc.com

Greene County Bancorp Inc is a holding firm. Its primary business involves overseeing and directing the business of The Bank of Greene County and monitoring its cash position. Through its directly and indirectly owned subsidiaries, the company engages in attracting retail deposits, along with funds generated from operations and borrowings, primarily in one to four-family residential mortgage loans, commercial real estate mortgage loans, consumer loans, home equity loans, and commercial business loans. It also serves local municipalities' banking needs and operates a real estate investment trust.

Executives

Tejraj S Hada	director	302 MAIN STREET, CATSKILL NY 12414
Donald E Gibson	officer: President and CEO	302 MAIN STREET, CATSKILL NY 12414
Michelle M Plummer	officer: SVP, COO & CFO
Stephen E Nelson	officer: Vice President - Lending
Jay P. Cahalan	director	302 MAIN STREET, CATSKILL NY 12414
Peter W. Hogan	director	302 MAIN STREET, CATSKILL NY 12414
Perry Martin Lasher	officer: EVP, Chief Lending Officer	302 MAIN STREET, CATSKILL NY 12414
Paul Slutzky	director
Charles H Schaefer	director
Arthur Place	director	425 MAIN STREET, CATSKILL NY 12414
Dennis R Ogrady	director
J Bruce Whittaker	director, officer: President & CEO
Bruce P Egger	officer: SVP, Corporate Secretary
David H Jenkins	director
Martin C Smith	director