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OptimumBank Holdings (OptimumBank Holdings) Debt-to-Equity : 0.92 (As of Dec. 2023)


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What is OptimumBank Holdings Debt-to-Equity?

OptimumBank Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. OptimumBank Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $64.25 Mil. OptimumBank Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $70.01 Mil. OptimumBank Holdings'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 OptimumBank Holdings's Debt-to-Equity or its related term are showing as below:

OPHC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 3.89   Max: 10.08
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of OptimumBank Holdings was 10.08. The lowest was 0.20. And the median was 3.89.

OPHC's Debt-to-Equity is ranked worse than
60.52% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs OPHC: 0.92

OptimumBank Holdings Debt-to-Equity Historical Data

The historical data trend for OptimumBank Holdings'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.

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OptimumBank Holdings Debt-to-Equity Chart

OptimumBank Holdings 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 2.31 1.46 0.51 0.20 0.92

OptimumBank Holdings 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 0.20 0.42 0.19 0.19 0.92

Competitive Comparison of OptimumBank Holdings's Debt-to-Equity

For the Banks - Regional subindustry, OptimumBank Holdings'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.


OptimumBank Holdings's Debt-to-Equity Distribution in the Banks Industry

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

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



OptimumBank Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

OptimumBank Holdings'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.


OptimumBank Holdings  (NAS:OPHC) 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.


OptimumBank Holdings Debt-to-Equity Related Terms

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


OptimumBank Holdings (OptimumBank Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2929 East Commercial Boulevard, Suite 303, Fort Lauderdale, FL, USA, 33308
OptimumBank Holdings Inc serves as a bank holding company for OptimumBank. The Bank provides a range of community banking services to individuals and corporate customers. Its services include demand interest-bearing and non-interest-bearing accounts, negotiable order of withdrawal account, money market deposit accounts, debit cards, and automated teller machines.
Executives
Moishe Gubin director 2929 E. COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Chan Heng Fai Ambrose director 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Jeffry T Wagner director 7667 N. WICKHAM RD, SUITE 516, MELBOURNE FL 32940
Norman Joseph Ginsparg director 3800 N 39 AVE, HOLLYWOOD FL 33021
Joel J. Klein director 2477 E. COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33308
Seth Gillman director 2477 E. COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Sam Borek director OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Thomas A Procelli officer: EXECUTIVE VICE PRESIDENT OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Wendy Mitchler director OPTIMUMBANK, 2477 EAST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33308
Howard Zusman officer: Sr. VP-CLO, OptimumBank 2477 EAST COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Robert Acri director 2477 E. COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33308
David Krinsky director OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Albert J Finch director, officer: Chairman of the Board, CEO OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Richard L Browdy director, officer: President, CFO OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Irving P Cohen director OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324