Carolina Financial (Carolina Financial) Debt-to-Equity : 0.10 (As of Dec. 2019)

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What is Carolina Financial Debt-to-Equity?

Carolina Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.0 Mil. Carolina Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $72.5 Mil. Carolina Financial's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $743.4 Mil. Carolina Financial's debt to equity for the quarter that ended in Dec. 2019 was 0.10.

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 Carolina Financial's Debt-to-Equity or its related term are showing as below:

CARO's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.68
* Ranked among companies with meaningful Debt-to-Equity only.

Carolina Financial Debt-to-Equity Historical Data

The historical data trend for Carolina Financial'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.

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Carolina Financial Debt-to-Equity Chart

Carolina Financial Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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0.74

0.24

0.15

0.10

Carolina Financial Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.13	0.11	0.10	0.10

Competitive Comparison of Carolina Financial's Debt-to-Equity

For the Banks - Regional subindustry, Carolina Financial'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.

Carolina Financial's Debt-to-Equity Distribution in the Banks Industry

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

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

Carolina Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Carolina Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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	+	72.468)	/	743.44
	=	0.10

Carolina Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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	+	72.468)	/	743.44
	=	0.10

Carolina Financial (NAS:CARO) 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.

Carolina Financial Debt-to-Equity Related Terms

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

Carolina Financial (Carolina Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Carolina Financial Corp (NAS:CARO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

288 Meeting Street, Charleston, SC, USA, 29401

Website

https://www.haveanicebank.com

Carolina Financial Corp is a US-based bank holding company. It offers a variety of traditional community banking services to individuals and businesses. Its operating segment includes Community banking, Wholesale mortgage banking, and others. Generating, a majority of its revenue from the Community banking segment. The company's product line includes loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, residential mortgage loans, residential lot loans, home equity loans, consumer loans and a variety of commercial and consumer demand, savings, and time deposit products.

Executives

Watts Claudius E. Iv	director	THE CARLYLE GROUP, 101 S. TRYON STREET, 25TH FLOOR, CHARLOTTE NC 28280
Jerry L Rexroad	director, officer: President and CEO	288 MEETING STREET, CHARLESTON SC 29401
Benedict P Rosen	director	28601 CLEMENS RD, WESTLAKE OH 44145