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Richmond Mutual Bancorp Debt-to-Equity

: 1.13 (As of Sep. 2021)
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Richmond Mutual Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.00 Mil. Richmond Mutual Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $202.00 Mil. Richmond Mutual Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $178.64 Mil. Richmond Mutual Bancorp's debt to equity for the quarter that ended in Sep. 2021 was 1.13.

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

NAS:RMBI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7   Med: 0.94   Max: 1.73
Current: 1.13

0.7
1.73

During the past 4 years, the highest Debt-to-Equity Ratio of Richmond Mutual Bancorp was 1.73. The lowest was 0.70. And the median was 0.94.

NAS:RMBI's Debt-to-Equity is ranked lower than
70% of the 1336 Companies
in the Banks industry.

( Industry Median: 0.56 vs. NAS:RMBI: 1.13 )

Richmond Mutual Bancorp Debt-to-Equity Historical Data

The historical data trend for Richmond Mutual 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.

Richmond Mutual Bancorp Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
1.27 1.59 0.82 0.88

Richmond Mutual Bancorp Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Debt-to-Equity 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 0.92 0.88 0.90 1.04 1.13

Competitive Comparison

For the Banks - Regional subindustry, Richmond Mutual 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.

   

Richmond Mutual Bancorp Debt-to-Equity Distribution

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

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



Richmond Mutual Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Richmond Mutual Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Richmond Mutual Bancorp's Debt to Equity Ratio for the quarter that ended in Sep. 2021 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.


Richmond Mutual Bancorp  (NAS:RMBI) 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.


Richmond Mutual Bancorp Debt-to-Equity Related Terms

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


Richmond Mutual Bancorp Business Description

Richmond Mutual Bancorp logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6011
Traded in Other Exchanges
N/A
Address
31 North 9th Street, Richmond, IN, USA, 47374
Richmond Mutual Bancorp Inc is a United States-based banking company. Its principal business consists of attracting deposits from the general public & brokered deposits and investing those funds primarily in loans secured by commercial and multi-family real estate, first mortgages on owner-occupied, one-to four-family residences, a variety of consumer loans, direct financing leases, and commercial and industrial loans.
Executives
Weinert Dean W. officer: President, Mutual Federal RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Hanley Harold T. Iii director RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Weinert Robin S. officer: SVP Operations/Retail Banking RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Mann Lindley S. director RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Kleer Garry D. director, officer: President, CEO RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Blum E. Michael director RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Stevens W. Ray Iii director RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Jackson Jeffrey A. director RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Spears Alan M. officer: Senior Vice President, Trust RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Benziger Donald A officer: EVP, Chief Financial Officer RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Cruz-uribe Kathryn director RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Wetzel M. Lynn director RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Fullerton Albert E. Jr. officer: SVP, Chief Information Officer RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Stoops Pamela S. officer: SVP, Retail Lending Manager RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
Brittenham Beth A. officer: SVP, HR Director RICHMOND MUTUAL BANCORPORATION, INC. 31 N. 9TH STREET RICHMOND IN 47374
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