Ohio Valley Banc (Ohio Valley Banc) Debt-to-Equity : 0.38 (As of Dec. 2023)

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What is Ohio Valley Banc Debt-to-Equity?

Ohio Valley Banc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Ohio Valley Banc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $54.30 Mil. Ohio Valley Banc's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $144.01 Mil. Ohio Valley Banc's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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

OVBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.37 Max: 0.44
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Ohio Valley Banc was 0.44. The lowest was 0.21. And the median was 0.37.

OVBC's Debt-to-Equity is ranked better than
68.2% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs OVBC: 0.38

Ohio Valley Banc Debt-to-Equity Historical Data

The historical data trend for Ohio Valley 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.

Ohio Valley Banc Debt-to-Equity Chart

Ohio Valley Banc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.34

0.27

0.21

0.38

Ohio Valley 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															0.21	0.20	0.27	0.41	0.38

Competitive Comparison of Ohio Valley Banc's Debt-to-Equity

For the Banks - Regional subindustry, Ohio Valley 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.

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

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

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

Ohio Valley Banc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ohio Valley Banc's Debt to Equity Ratio for the fiscal year 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
	=	(0	+	54.298)	/	144.007
	=	0.38

Ohio Valley Banc'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
	=	(0	+	54.298)	/	144.007
	=	0.38

Ohio Valley Banc (NAS:OVBC) 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.

Ohio Valley Banc Debt-to-Equity Related Terms

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

Ohio Valley Banc (Ohio Valley Banc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ohio Valley Banc Corporation (NAS:OVBC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

420 Third Avenue, PO Box 240, Gallipolis, OH, USA, 45631

Website

https://www.ovbc.com

Ohio Valley Banc Corporation is a financial holding company. The bank is a full-service financial institution offering a blend of commercial and consumer banking services within Southeastern Ohio as well as western West Virginia. The banking services offered by the bank include the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, and student loans; and the making of construction and real estate loans. It also offers individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. The bank segmented its operating activities into two reportable segments, Banking and Consumer Finance. The majority of its total revenue is derived from the Banking segment.

Executives

Edward Bryant Roberts	director	420 THIRD AVENUE, PO BOX 240, GALLIPOLIS OH 45631
Bryan F Stepp	officer: SVP and CCO	420 THIRD AVENUE, P O BOX 240, GALLIPOLIS OH 45631-0240
Anna P Barnitz	director	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Edward Allen Bell	other: Not a reporting person	5521 OHIO RIVER ROAD, POINT PLEASANT WV 25550
Ryan Joseph Jones	officer: RISK OFFICER/COO	420 THIRD AVENUE, GALLIPOLIS OH 45631
Brent A Saunders	director	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Kevin Ryan Smith	director	420 THIRD AVENUE, P.O. BOX 240, GALLIPOLIS OH 45631
David W Thomas	director	1204 BROKEN BOW CT, WESTERVILLE OH 43081-3262
Katrinka V Hart	officer: Vice President of OVBC	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Edward J Robbins	director	420 THIRD AVENUE P O BOX 240, GALLIPOLIS OH 45631
Thomas E Wiseman	director	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Kimberly A Canady	director	420 THIRD AVENUE P O BOX 240, GALLIPOLIS OH 45631
Jeffrey E Smith	director, officer: President and CEO of OVBC	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
John G Jones	director	420 THIRD AVENUE, P O BOX 240, GALLIPOLIS OH 45631
Harold A Howe	director, officer: Vice President of OVBC	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240