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Athens Bancshares (Athens Bancshares) Debt-to-Equity : 0.10 (As of Sep. 2017)


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What is Athens Bancshares Debt-to-Equity?

Athens Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.00 Mil. Athens Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $5.00 Mil. Athens Bancshares's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $51.30 Mil. Athens Bancshares's debt to equity for the quarter that ended in Sep. 2017 was 0.10.

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 Athens Bancshares's Debt-to-Equity or its related term are showing as below:

AFCB's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

Athens Bancshares Debt-to-Equity Historical Data

The historical data trend for Athens Bancshares'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.

Athens Bancshares Debt-to-Equity Chart

Athens Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 - 0.12 0.22 0.16

Athens Bancshares Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.16 0.16 0.11 0.11 0.10

Competitive Comparison of Athens Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Athens Bancshares'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.


Athens Bancshares's Debt-to-Equity Distribution in the Banks Industry

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

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



Athens Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Athens Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Athens Bancshares's Debt to Equity Ratio for the quarter that ended in Sep. 2017 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.


Athens Bancshares  (OTCPK:AFCB) 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.


Athens Bancshares Debt-to-Equity Related Terms

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


Athens Bancshares (Athens Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
Athens Bancshares Corp is a bank holding company of Athens Federal Community Bank. It provides financial services to individuals and corporate customers. The company's deposit products include checking, savings, certificates of deposit and IRA accounts. The primary lending products are one-to-four family residential, commercial real estate, and consumer loans. The company's loan portfolio divides into five segments commercial, residential 1-4 family, commercial real estate and multi-family, construction and land and consumer and other.
Executives
Jeffrey L Cunningham director, officer: President & CEO ATHENS BANCSHARES CORPORATION, 106 WASHINGTON AVENUE PO BOX 869, ATHENS TN 37371
Myra Nandora Jenne director 106 WASHINGTON AVENUE, PO BOX 869, ATHENS TN 37371