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Canandaigua National (Canandaigua National) Debt-to-Equity : 1.53 (As of Dec. 2018)


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What is Canandaigua National Debt-to-Equity?

Canandaigua National's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.0 Mil. Canandaigua National's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $356.9 Mil. Canandaigua National's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $233.6 Mil. Canandaigua National's debt to equity for the quarter that ended in Dec. 2018 was 1.53.

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 Canandaigua National's Debt-to-Equity or its related term are showing as below:

CNND's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

Canandaigua National Debt-to-Equity Historical Data

The historical data trend for Canandaigua National'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.

Canandaigua National Debt-to-Equity Chart

Canandaigua National Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.37 1.09 1.40 1.53

Canandaigua National Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 1.16 1.37 1.09 1.40 1.53

Competitive Comparison of Canandaigua National's Debt-to-Equity

For the Banks - Regional subindustry, Canandaigua National'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.


Canandaigua National's Debt-to-Equity Distribution in the Banks Industry

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

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



Canandaigua National Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Canandaigua National's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Canandaigua National's Debt to Equity Ratio for the quarter that ended in Dec. 2018 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.


Canandaigua National  (OTCPK:CNND) 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.


Canandaigua National Debt-to-Equity Related Terms

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


Canandaigua National (Canandaigua National) Business Description

Traded in Other Exchanges
N/A
Address
72 South Main Street, Canandaigua, NY, USA, 14424
Canandaigua National Corp is a bank holding company. The company provides a full range of financial services such as banking, trust, investment, and insurance services to individuals, corporations, and municipalities.
Executives
Joseph L Dugan officer: Executive Vice President, other: Officer of subsidiaries 72 SOUTH MAIN STREET, CANANDAIGUA NY 14424
David R Morrow other: Officer of Subsidiary 72 S. MAIN ST., CANANDAIGUA NY 14424

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