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Benchmark Bankshares (Benchmark Bankshares) Debt-to-Equity : 0.02 (As of Sep. 2023)


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What is Benchmark Bankshares Debt-to-Equity?

Benchmark Bankshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Benchmark Bankshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.25 Mil. Benchmark Bankshares's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $94.04 Mil. Benchmark Bankshares's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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 Benchmark Bankshares's Debt-to-Equity or its related term are showing as below:

BMBN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.08
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Benchmark Bankshares was 0.08. The lowest was 0.02. And the median was 0.05.

BMBN's Debt-to-Equity is ranked better than
97.87% of 1408 companies
in the Banks industry
Industry Median: 0.66 vs BMBN: 0.02

Benchmark Bankshares Debt-to-Equity Historical Data

The historical data trend for Benchmark Bankshares'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.

Benchmark Bankshares Debt-to-Equity Chart

Benchmark Bankshares Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.08 0.06 0.05

Benchmark Bankshares Quarterly Data
Mar07 Jun07 Sep07 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 0.05 0.04 0.03 0.03 0.02

Competitive Comparison of Benchmark Bankshares's Debt-to-Equity

For the Banks - Regional subindustry, Benchmark Bankshares'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.


Benchmark Bankshares's Debt-to-Equity Distribution in the Banks Industry

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

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



Benchmark Bankshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Benchmark Bankshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Benchmark Bankshares's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


Benchmark Bankshares  (OTCPK:BMBN) 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.


Benchmark Bankshares Debt-to-Equity Related Terms

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


Benchmark Bankshares (Benchmark Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
204 S. Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944
Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium ranged businesses through offices located in Virginia. The bank provides personal accounts service, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit cards facility and other services.

Benchmark Bankshares (Benchmark Bankshares) Headlines

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