Ottawa Bancorp (Ottawa Bancorp) Debt-to-Equity : 0.78 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Ottawa Bancorp Debt-to-Equity?

Ottawa Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Ottawa Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $32.45 Mil. Ottawa Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $41.64 Mil. Ottawa Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.78.

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

OTTW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.26 Max: 0.78
Current: 0.78

During the past 13 years, the highest Debt-to-Equity Ratio of Ottawa Bancorp was 0.78. The lowest was 0.02. And the median was 0.26.

OTTW's Debt-to-Equity is ranked worse than
53.7% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs OTTW: 0.78

Ottawa Bancorp Debt-to-Equity Historical Data

The historical data trend for Ottawa 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.

Ottawa Bancorp Debt-to-Equity Chart

Ottawa Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.18

0.36

0.51

0.78

Ottawa Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.51	0.64	0.69	0.84	0.78

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

For the Banks - Regional subindustry, Ottawa 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.

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

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

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

Ottawa Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ottawa Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	32.45)	/	41.64
	=	0.78

Ottawa Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	32.45)	/	41.64
	=	0.78

Ottawa Bancorp (OTCPK:OTTW) 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.

Ottawa Bancorp Debt-to-Equity Related Terms

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

Ottawa Bancorp (Ottawa Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ottawa Bancorp Inc (OTCPK:OTTW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

925 LaSalle Street, Ottawa, IL, USA, 61350

Website

https://www.ottawasavings.com

Ottawa Bancorp Inc is a bank holding company. The bank offers services such as checking, savings, loans, online banking, commercial leasing, and others. It generates revenue in the form of interest.

Executives

Craig M Hepner	director, officer: COO	925 LASALLE STREET, OTTAWA IL 61350
Jon Kranov	director, officer: President & CEO	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Thomas Michael Adler	director	925 LASALLE STREET, OTTAWA IL 61350
William Kuiper	director	925 LASALLE STREET, OTTAWA IL 61350
John M. Armstrong	director	OTTAWA SAVINGS BANCORP, INC., 925 LASALLE STREET, OTTAWA IL 61350
Marc N Kingry	officer: CFO	925 LASALLE STREET, OTTAWA IL 61350
Mark Stoudt	officer: Chief Lending Officer	925 LASALLE STREET, OTTAWA IL 61350
Arthur Mueller	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
James Ferrero	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Keith Johnson	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Daniel Reynolds	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350