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

Jacksonville Bancorp (Jacksonville Bancorp) Debt-to-Equity : 0.08 (As of Mar. 2018)


View and export this data going back to 1995. Start your Free Trial

What is Jacksonville Bancorp Debt-to-Equity?

Jacksonville Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $0.00 Mil. Jacksonville Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $3.66 Mil. Jacksonville Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2018 was $47.77 Mil. Jacksonville Bancorp's debt to equity for the quarter that ended in Mar. 2018 was 0.08.

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

JXSB's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

Jacksonville Bancorp Debt-to-Equity Historical Data

The historical data trend for Jacksonville 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.

Jacksonville Bancorp Debt-to-Equity Chart

Jacksonville Bancorp Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.31 0.33 0.15 0.33

Jacksonville Bancorp Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.07 0.12 0.15 0.33 0.08

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

For the Banks - Regional subindustry, Jacksonville 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.


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

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

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



Jacksonville Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jacksonville Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Jacksonville Bancorp's Debt to Equity Ratio for the quarter that ended in Mar. 2018 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.


Jacksonville Bancorp  (NAS:JXSB) 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.


Jacksonville Bancorp Debt-to-Equity Related Terms

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


Jacksonville Bancorp (Jacksonville Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Jacksonville Bancorp Inc is a bank holding company that provides various community banking services to businesses and individuals. The company is engaged primarily in the business of attracting retail deposits from the general public in its market area and using such funds, together with borrowings and funds from other sources, to originate mortgage loans secured by one- to four-family residential real estate, commercial and agricultural real estate and home equity loans. It offers a range of deposit accounts including interest-bearing checking accounts, noninterest-bearing checking accounts, savings accounts, money market accounts, term certificate accounts and individual retirement accounts.

Jacksonville Bancorp (Jacksonville Bancorp) Headlines