GBank Financial Holdings (GBank Financial Holdings) Debt-to-Equity : 0.40 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is GBank Financial Holdings Debt-to-Equity?

GBank Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $10.00 Mil. GBank Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $31.44 Mil. GBank Financial Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $102.57 Mil. GBank Financial Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.40.

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

GBFH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.32 Max: 0.63
Current: 0.4

During the past 7 years, the highest Debt-to-Equity Ratio of GBank Financial Holdings was 0.63. The lowest was 0.09. And the median was 0.32.

GBFH's Debt-to-Equity is ranked better than
65.71% of 1391 companies
in the Banks industry
Industry Median: 0.66 vs GBFH: 0.40

GBank Financial Holdings Debt-to-Equity Historical Data

The historical data trend for GBank Financial Holdings'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.

GBank Financial Holdings Debt-to-Equity Chart

GBank Financial Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.18

0.34

0.33

0.63

GBank Financial Holdings Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.34	0.28	0.32	0.63	0.40

Competitive Comparison of GBank Financial Holdings's Debt-to-Equity

For the Banks - Regional subindustry, GBank Financial Holdings'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.

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

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

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

GBank Financial Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GBank Financial Holdings'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
	=	(30	+	31.51)	/	98.427
	=	0.62

GBank Financial Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(10	+	31.441)	/	102.566
	=	0.40

GBank Financial Holdings (OTCPK:GBFH) 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.

GBank Financial Holdings Debt-to-Equity Related Terms

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

GBank Financial Holdings (GBank Financial Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » GBank Financial Holdings Inc (OTCPK:GBFH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9115 West Russell Road, Suite 110, Las Vegas, NV, USA, 89148

Website

https://www.gbankfinancialholdings.com

GBank Financial Holdings Inc, through its subsidiary, provides banking services to commercial and consumer customers. Its services include Business Savings Account; Business Money Market Account; Commercial Real Estate Loans; Equipment Loans; Medical/Professional Loans and others.