Elmer Bancorp (Elmer Bancorp) Debt-to-Equity : 0.04 (As of Dec. 2007)

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What is Elmer Bancorp Debt-to-Equity?

Elmer Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $0.00 Mil. Elmer Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $0.68 Mil. Elmer Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2007 was $17.83 Mil. Elmer Bancorp's debt to equity for the quarter that ended in Dec. 2007 was 0.04.

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 Elmer Bancorp's Debt-to-Equity or its related term are showing as below:

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

Elmer Bancorp Debt-to-Equity Historical Data

The historical data trend for Elmer Bancorp'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.

Elmer Bancorp Debt-to-Equity Chart

Elmer Bancorp Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Debt-to-Equity

0.11

0.04

Elmer Bancorp Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Debt-to-Equity	Get a 7-Day Free Trial											-	-	-	-	0.04

Competitive Comparison of Elmer Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Elmer Bancorp'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.

Elmer Bancorp's Debt-to-Equity Distribution in the Banks Industry

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

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

Elmer Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elmer Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 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	+	0.675)	/	17.834
	=	0.04

Elmer Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2007 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	+	0.675)	/	17.834
	=	0.04

Elmer Bancorp (OTCPK:ELMA) 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.

Elmer Bancorp Debt-to-Equity Related Terms

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Elmer Bancorp (Elmer Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Elmer Bancorp Inc (OTCPK:ELMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 South Main Street, P. O. Box 980, Elmer, NJ, USA, 08318

Website

https://www.elmerbank.com

Elmer Bancorp Inc is a bank holding company incorporated in the State of New Jersey. Its First National Bank of Elmer (the Bank) operates under a national bank charter and provides a complete line of business and personal banking products. The Bank operates through its six full-service offices located in Cumberland, Gloucester and Salem counties in New Jersey. The majority of the Bank's activities are with customers located within Southern New Jersey.