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Middlefield Banc (Middlefield Banc) Debt-to-Equity : 0.85 (As of Dec. 2023)


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What is Middlefield Banc Debt-to-Equity?

Middlefield Banc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $163.00 Mil. Middlefield Banc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.43 Mil. Middlefield Banc's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $205.68 Mil. Middlefield Banc's debt to equity for the quarter that ended in Dec. 2023 was 0.85.

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 Middlefield Banc's Debt-to-Equity or its related term are showing as below:

MBCN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.57   Max: 1.01
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of Middlefield Banc was 1.01. The lowest was 0.10. And the median was 0.57.

MBCN's Debt-to-Equity is ranked worse than
57.1% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs MBCN: 0.85

Middlefield Banc Debt-to-Equity Historical Data

The historical data trend for Middlefield Banc'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.

Middlefield Banc Debt-to-Equity Chart

Middlefield Banc 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 0.14 0.10 0.10 0.39 0.85

Middlefield Banc 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 0.39 0.50 0.57 0.67 0.85

Competitive Comparison of Middlefield Banc's Debt-to-Equity

For the Banks - Regional subindustry, Middlefield Banc'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.


Middlefield Banc's Debt-to-Equity Distribution in the Banks Industry

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

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



Middlefield Banc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Middlefield Banc'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.


Middlefield Banc  (NAS:MBCN) 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.


Middlefield Banc Debt-to-Equity Related Terms

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


Middlefield Banc (Middlefield Banc) Business Description

Traded in Other Exchanges
N/A
Address
15985 East High Street, Middlefield, OH, USA, 44062-0035
Middlefield Banc Corp is a United States-based bank holding company. It offers customers banking services, including checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, and other services. It also maintains, manages, and disposes of nonperforming loans and other real estate owned.
Executives
Jennifer L Moeller director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Heslop James R Ii director, officer: Exec. Vice President/COO
Thomas M Wilson officer: EVP/Corporate Development 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Robert J Dawson officer: EVP/Chief Lending Officer 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Michael C Voinovich director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Zimmerly Ronald Len Jr. director 4427 COUNTY ROAD 55, BELLEFONTAINE OH 43311
William J Skidmore director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Mark Ramsey Watkins director 9551 TOWNSHIP ROAD 179, KENTON OH 43326
Spencer Cohn director 1682 EL CAMINO REAL, SUITE 320, SAN DIEGO CA 92130
Kenneth E Jones director 2003 HAVENSWOOD PLACE, BLACKLICK OH 43004
Kevin A Digeronimo director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Darryl E Mast director
Robert W Toth director 15985 EAST HIGH STREET, POST OFFICE BOX 35, MIDDLEFIELD OH 44062
Rose Clayton W Iii director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Adam T Cook officer: Senior Vice President 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062