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University Bancorp Inc  (OTCPK:UNIB) Debt-to-Equity: 0.13 (As of Dec. 2016)

University Bancorp Inc's Current Portion of Long-Term Debt for the quarter that ended in Dec. 2016 was $0.00 Mil. University Bancorp Inc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $2.35 Mil. University Bancorp Inc's Total Equity for the quarter that ended in Dec. 2016 was $18.08 Mil. University Bancorp Inc's debt to equity for the quarter that ended in Dec. 2016 was 0.13.

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.

OTCPK:UNIB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Max: 5.13
Current: 0.13

0.05
5.13

During the past 13 years, the highest Debt-to-Equity Ratio of University Bancorp Inc was 5.13. The lowest was 0.05. And the median was 0.84.

OTCPK:UNIB's Debt-to-Equity is ranked higher than
87% of the 1244 Companies
in the Global industry.

( Industry Median: 0.63 vs. OTCPK:UNIB: 0.13 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

University Bancorp Inc Annual Data

Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.13

University Bancorp Inc Semi-Annual Data

Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.13

Competitive Comparison
* 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.


Calculation

Debt to Equity measures the financial leverage a company has.

University Bancorp Inc's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(0 + 2.353) / 18.076
=0.13

University Bancorp Inc's Debt to Equity Ratio for the quarter that ended in Dec. 2016 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(0 + 2.353) / 18.076
=0.13

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation divided by Total 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.


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