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Partners Bancorp (Partners Bancorp) Debt-to-Equity : 0.42 (As of Sep. 2023)


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What is Partners Bancorp Debt-to-Equity?

Partners Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $10.00 Mil. Partners Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $49.59 Mil. Partners Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $143.14 Mil. Partners Bancorp's debt to equity for the quarter that ended in Sep. 2023 was 0.42.

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

PTRS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.6   Max: 1.26
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Partners Bancorp was 1.26. The lowest was 0.35. And the median was 0.60.

PTRS's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.69 vs PTRS: 0.42

Partners Bancorp Debt-to-Equity Historical Data

The historical data trend for Partners 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.

Partners Bancorp Debt-to-Equity Chart

Partners Bancorp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.86 0.78 0.41 0.66

Partners Bancorp Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.43 0.66 0.56 0.57 0.42

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

For the Banks - Regional subindustry, Partners 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.


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

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

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



Partners Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Partners Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Partners Bancorp's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Partners Bancorp  (NAS:PTRS) 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.


Partners Bancorp Debt-to-Equity Related Terms

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


Partners Bancorp (Partners Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2245 Northwood Drive, Salisbury, MD, USA, 21801
Partners Bancorp is a multi-bank holding company, whose wholly-owned subsidiaries are The Bank of Delmarva and Virginia Partners Bank. It offers services such as savings, checking, loans, mobile banking, equity loans, and others. The primary source of revenue is interest income and fees, which it earns by lending and investing the funds which are held on deposit.
Executives
James A. Tamburro director C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801
Mona D. Albertine director C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801
George P. Snead director C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801
Jeffrey F. Turner director C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801
Steven R. Mote director C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801
Michael W Clarke director C/O ACCESS NATIONAL CORPORATION, 1800 ROBERT FULTON DRIVE, SUITE 300, RESTON VA 20191
Mark L. Granger director C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801
Robert C. Wheatley director C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801
James Adam Sothen officer: Chief Financial Officer 3537 CROFTS PRIDE DRIVE, VIRGINIA BEACH VA 23453
Kenneth R Lehman director, 10 percent owner 122 N GORDON ROAD, FT LAUDERDALE FL 33301
Betsy J. Eicher officer: Chief Accounting Officer C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801
Harrison Lloyd B. Iii director, officer: Chief Executive Officer C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801
John W. Breda director, officer: President & COO C/O DELMAR BANCORP, 2245 NORTHWOOD DRIVE, SALISBURY MD 21801