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Salisbury Bancorp (Salisbury Bancorp) Debt-to-Equity : 0.37 (As of Jun. 2023)


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What is Salisbury Bancorp Debt-to-Equity?

Salisbury Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Salisbury Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $48.85 Mil. Salisbury Bancorp's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $133.07 Mil. Salisbury Bancorp's debt to equity for the quarter that ended in Jun. 2023 was 0.37.

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

SAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.41   Max: 0.97
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Salisbury Bancorp was 0.97. The lowest was 0.20. And the median was 0.41.

SAL's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.68 vs SAL: 0.37

Salisbury Bancorp Debt-to-Equity Historical Data

The historical data trend for Salisbury 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.

Salisbury Bancorp Debt-to-Equity Chart

Salisbury 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 0.78 0.55 0.20 0.27 0.30

Salisbury Bancorp Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.23 0.40 0.30 0.97 0.37

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

For the Banks - Regional subindustry, Salisbury 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.


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

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

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



Salisbury Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Salisbury Bancorp's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Salisbury Bancorp  (NAS:SAL) 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.


Salisbury Bancorp Debt-to-Equity Related Terms

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


Salisbury Bancorp (Salisbury Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
5 Bissell Street, Lakeville, CT, USA, 06039
Salisbury Bancorp Inc is a full-service bank. It provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services through a network of thirteen banking offices. Its product offerings include savings and money market accounts, mortgage loans, retirement plans, business loans, online and mobile banking, and direct deposits. The bank also offers a range of fiduciary services including trust and estate administration, wealth advisory, and investment management to individuals, families, businesses, and institutions.
Executives
Steven M Essex officer: EVP and Head of Trust 21 CHESTNUT HILL ROAD, WEST SIMSBURY CT 06092
Stephen J Scott officer: EVP, Chief Operating Officer 5 BISSELL STREET, LAKEVILLE CT 06039
Todd J Rubino officer: EVP, CCLO 5 BISSELL STREET, LAKEVILLE CT 06039
Paul S Hoffner director 5 BISSELL STREET, LAKEVILLE CT 06039
Carla L Balesano officer: EVP, Chief Credit Officer 5 BISSELL STREET, LAKEVILLE CT 06039
Neila B Radin director 5 BISSELL STREET, LAKEVILLE CT 06039
Grace E Schalkwyk director 5 BISSELL STREET, LAKEVILLE CT 06039
Amy D Raymond officer: EVP & Chief RBO 5 BISSELL STREET, LAKEVILLE CT 06039
Peter Albero officer: EVP & Chief Financial Officer 5 BISSELL STREET, LAKEVILLE CT 06039
George E Banta director ONE HORNBECK RIDGE, POUGHKEEPSIE NY 12603
John Matthew Davies officer: President of NY Region & CLO 38 MELISSA LANE, WASHINGTONVILLE NY 10992
Michael D Gordon director 92 CREEK ROAD, PLEASANT VALLEY NY 12569
David B Farrell director SALISBURY BANCORP, INC., 5 BISSELL STREET, LAKEVILLE CT 06039
Holly J Nelson director
Charles M Andola director 210 SOUTH STREET, HIGHLAND NY 12528