SHF Holdings (NAS:SHFS) Debt-to-Equity

: 0.57 (As of Jun. 2023)

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SHF Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.16 Mil. SHF Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $13.40 Mil. SHF Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $27.35 Mil. SHF Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.57.

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 SHF Holdings's Debt-to-Equity or its related term are showing as below:

SHFS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.35 Max: 0.57
Current: 0.57

During the past 3 years, the highest Debt-to-Equity Ratio of SHF Holdings was 0.57. The lowest was 0.20. And the median was 0.35.

SHFS's Debt-to-Equity is ranked better than
59.38% of 1327 companies
in the Banks industry
Industry Median: 0.74 vs SHFS: 0.57

SHF Holdings Debt-to-Equity Historical Data

The historical data trend for SHF Holdings'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.

SHF Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

0.20

SHF Holdings Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity						-	-	0.20	0.35	0.57

Competitive Comparison

For the Banks - Regional subindustry, SHF Holdings'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.

Annual Data Quarterly Data

SHF Holdings Debt-to-Equity Distribution

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

* The bar in red indicates where SHF Holdings's Debt-to-Equity falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Equity's extreme value range as defined by GuruFocus.

SHF Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SHF Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.02	+	1.008)	/	5.113
	=	0.20

SHF Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2.16	+	13.398)	/	27.35
	=	0.57

SHF Holdings (NAS:SHFS) 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.

SHF Holdings Debt-to-Equity Related Terms

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

SHF Holdings (NAS:SHFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SHF Holdings Inc (NAS:SHFS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1526 Cole Boulevard, Suite 250, Golden, CO, USA, 80410

Website

https://www.shfinancial.org

SHF Holdings Inc is a financial services provider to cannabis-related businesses. It offers reliable access to banking solutions for cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. The group, through its financial institution clients, implements accountability, transparency, monitoring, reporting and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Its services include Program Management Support, Customer Lead Generation, Ongoing Program Auditing, and Compliance Monitoring among others.

Executives

Dan Roda	officer: EVP / Chief Operating Officer	1526 COLE BLVD, SUITE 250, GOLDEN CO 80401
Jonathan Summers	director	909 BANNOCK STREET, DENVER CO 80204
Sundie Seefried	officer: Chief Executive Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Richard Carleton	director	5269 W. 62ND AVENUE, ARVADA CO 80003
John Darwin	director	909 BANNOCK STREET, DENVER CO 80204
Jonathon Niehaus	director	5269 W. 62ND AVENUE, ARVADA CO 80003
Jennifer Meyers	director	5269 W. 62ND AVENUE, ARVADA CO 80003
Donald Emmi	officer: Chief Legal Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Doug Fagan	director	1526 COLE BLVD, SUITE 250, GOLDEN CO 80401
Jim Dennedy	officer: Chief Financial Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Partner Colorado Credit Union	10 percent owner	6221 SHERIDAN BLVD, ARVADA CO 80003
Karl Racine	director	5269 W. 62ND AVENUE, ARVADA CO 80003
Tyler Beuerlein	officer: Chief Business Develop Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Midtown East Management Nl Llc	10 percent owner	ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Atalaya Special Purpose Investment Fund Ii Lp	10 percent owner	C/O ATALAYA CAPITAL MANAGEMENT LP, ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020