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Kentucky Bancshares (Kentucky Bancshares) Debt-to-Equity : 0.82 (As of Mar. 2021)


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What is Kentucky Bancshares Debt-to-Equity?

Kentucky Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $5.50 Mil. Kentucky Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $99.22 Mil. Kentucky Bancshares's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $127.21 Mil. Kentucky Bancshares's debt to equity for the quarter that ended in Mar. 2021 was 0.82.

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

KTYB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 1.09   Max: 1.85
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Kentucky Bancshares was 1.85. The lowest was 0.05. And the median was 1.09.

KTYB's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.69 vs KTYB: 0.82

Kentucky Bancshares Debt-to-Equity Historical Data

The historical data trend for Kentucky 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.

Kentucky Bancshares Debt-to-Equity Chart

Kentucky Bancshares Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.09 1.03 1.11 0.87

Kentucky Bancshares Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 1.31 1.32 0.95 0.87 0.82

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

For the Banks - Regional subindustry, Kentucky 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.


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

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

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



Kentucky Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kentucky Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Kentucky Bancshares's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Kentucky Bancshares  (OTCPK:KTYB) 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.


Kentucky Bancshares Debt-to-Equity Related Terms

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


Kentucky Bancshares (Kentucky Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 157, Paris, KY, USA, 40362-0157
Kentucky Bancshares Inc is a bank holding company. It is engaged in providing general full-service commercial and consumer banking services which include agricultural, construction, consumer, mortgage, and commercial loan services. A significant part of its operating activities includes originating loans. The company offers its customers a range of other services, including checking, savings, money market accounts, certificates of deposits (CDs), safe deposit facilities, credit cards, and other consumer-oriented financial services. It also provides brokerage services, wealth management services and long-term care insurance. Its largest part of the revenue is generated from net interest income.
Executives
Louis Prichard director, officer: President, CEO PO BOX 157 PARIS KY 40362-0157
James B Braden officer: Ex VP, Chief Operations Off PO BOX 157 PARIS KY 40362-0157
James L Elliott officer: Sr VP, Director of Wealth Mgmt PO BOX 157 PARIS KY 40362-0157
Chris Gorley officer: Sr VP, Operations PO BOX 157 PARIS KY 40362-0157
Shane Foley officer: EVP, Director of Retail Bankin PO BOX 157 PARIS KY 40362-0157
Norman J Fryman officer: Ex VP, Chief Credit Officer PO BOX 157 PARIS KY 40362-0157
Brenda S Bragonier officer: Sr VP, Dir of Marketing PO BOX 157 PARIS KY 40362-0157
Gregory J Dawson officer: Sr VP, CFO PO BOX 157 PARIS KY 40362-0157
Carol A Caskey officer: Sr VP, Human Resources PO BOX 157 PARIS KY 40362-0157
John Theodore Mcclain director PO BOX 157 PARIS KY 40362-0157
Shannon Bishop Arvin director PO BOX 157, PARIS KY 40362-0157
Mary Mcdowell Hoskins director PO BOX 157 PARIS KY 40362-0157
Jack W Omohundro director PO BOX 157 PARIS KY 40362-0157
Edwin S Saunier director PO BOX 157, PARIS KY 40362-0157
Robert G Thompson director PO BOX 157 PARIS KY 40362-0157

Kentucky Bancshares (Kentucky Bancshares) Headlines