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FFMR (First Farmers Financial) Debt-to-Equity : 0.60 (As of Mar. 2025)


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What is First Farmers Financial Debt-to-Equity?

First Farmers Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.00 Mil. First Farmers Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $170.64 Mil. First Farmers Financial's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $283.66 Mil. First Farmers Financial's debt to equity for the quarter that ended in Mar. 2025 was 0.60.

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 First Farmers Financial's Debt-to-Equity or its related term are showing as below:

FFMR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.91   Max: 1.18
Current: 0.6

During the past 10 years, the highest Debt-to-Equity Ratio of First Farmers Financial was 1.18. The lowest was 0.26. And the median was 0.91.

FFMR's Debt-to-Equity is ranked worse than
50.94% of 1486 companies
in the Banks industry
Industry Median: 0.58 vs FFMR: 0.60

First Farmers Financial Debt-to-Equity Historical Data

The historical data trend for First Farmers Financial'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.

First Farmers Financial Debt-to-Equity Chart

First Farmers Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.94 0.33 0.61 0.34

First Farmers Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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 0.34 0.30 0.88 0.31 0.60

Competitive Comparison of First Farmers Financial's Debt-to-Equity

For the Banks - Regional subindustry, First Farmers Financial'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.


First Farmers Financial's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where First Farmers Financial's Debt-to-Equity falls into.


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First Farmers Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Farmers Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

First Farmers Financial's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


First Farmers Financial  (OTCPK:FFMR) 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.


First Farmers Financial Debt-to-Equity Related Terms

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


First Farmers Financial Business Description

Traded in Other Exchanges
N/A
Address
123 North Jefferson Street, Converse, IN, USA, 46919
First Farmers Financial Corp is a financial holding company. Along with its subsidiaries, it is mainly engaged in providing a range of banking products and services to individuals, families, and businesses. Its products and services include deposits, retirement and health savings accounts, consumer loans, home equity, and account management and leasing. The group makes commercial, installment and mortgage loans to and receives deposits from customers through its offices located in the Indiana counties of Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo and Wabash; and Illinois counties of Coles, Edgar and Vermilion.

First Farmers Financial Headlines

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