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Financial Institutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $55.0 Mil. Financial Institutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $158.0 Mil. Financial Institutions's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $500.3 Mil. Financial Institutions's debt to equity for the quarter that ended in Sep. 2024 was 0.43.
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 Financial Institutions's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Financial Institutions was 1.37. The lowest was 0.10. And the median was 0.76.
The historical data trend for Financial Institutions'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.
Financial Institutions Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.72 | 0.17 | 0.21 | 0.77 | 0.76 |
Financial Institutions Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 0.56 | 0.76 | 0.65 | 0.77 | 0.43 |
For the Banks - Regional subindustry, Financial Institutions'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.
For the Banks industry and Financial Services sector, Financial Institutions's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Financial Institutions's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Financial Institutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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 | |
= | (185 | + | 158.32) | / | 454.796 | |
= | 0.75 |
Financial Institutions's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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 | |
= | (55 | + | 157.957) | / | 500.342 | |
= | 0.43 |
* 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.
Financial Institutions (NAS:FISI) 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.
Thank you for viewing the detailed overview of Financial Institutions's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Donald Boswell | director | WESTERN NY PUBLIC BROADCASTING ASSOC, HORIZONS PLAZA 140 LOWER TERRACE, BUFFALO NY 14202 |
Susan R Holliday | director | 220 LIBERTY ST, WARSAW NY 14569 |
Samuel M Gullo | director | 220 LIBERTY ST, WARSAW NY 14569 |
Robert N Latella | director | 220 LIBERTY, WARSAW NY 14569 |
Robert M Glaser | director | 220 LIBERTY STREET, WARSAW NY 14569 |
Dorn Andrew W Jr | director | 2421 MAIN STREET, BUFFALO NY 14214 |
Plants William Jack Ii | officer: Chief Financial Officer | 220 LIBERTY STREET, WARSAW NY 14569 |
Burruano Samuel J Jr | officer: Senior Vice President | 220 LIBERTY STREET, WARSAW NY 14569 |
Martin Kearney Birmingham | officer: Senior Vice President | 220 LIBERTY STREET, WARSAW NY 14569 |
Gary A. Pacos | officer: Chief Risk Officer | 220 LIBERTY STREET, WARSAW NY 14569 |
Bruce W Harting | director | 1185 PARK AVENUE, 6D, NEW YORK NY 10128 |
Laurie R Collins | officer: Senior Vice President | 220 LIBERTY STREET, WARSAW NY 14569 |
Mark Zupan | director | 1041 PITTSFORD VICTOR ROAD, PITTSFORD NY 14534 |
Mauricio F Riveros | director | 220 LIBERTY STREET, WARSAW NY 14569 |
Kevin B Quinn | officer: Senior Vice President | 220 LIBERTY STREET, WARSAW NY 14569 |
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