High Country Bancorp (High Country Bancorp) Debt-to-Equity : 1.07 (As of Mar. 2024)

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What is High Country Bancorp Debt-to-Equity?

High Country Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. High Country Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $42.10 Mil. High Country Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $39.21 Mil. High Country Bancorp's debt to equity for the quarter that ended in Mar. 2024 was 1.07.

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

HCBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 1.07
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of High Country Bancorp was 1.07. The lowest was 0.00. And the median was 0.06.

HCBC's Debt-to-Equity is ranked worse than
65.97% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs HCBC: 1.07

High Country Bancorp Debt-to-Equity Historical Data

The historical data trend for High Country 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.

High Country Bancorp Debt-to-Equity Chart

High Country Bancorp Annual Data

Trend

Jun02

Jun03

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.30

0.59

High Country Bancorp Quarterly Data
	Jun19	Sep19	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															0.14	0.59	0.42	0.78	1.07

Competitive Comparison of High Country Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, High Country 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.

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

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

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

High Country Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

High Country Bancorp's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0	+	22.7)	/	38.291
	=	0.59

High Country Bancorp'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
	=	(0	+	42.1)	/	39.214
	=	1.07

High Country Bancorp (OTCPK:HCBC) 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.

High Country Bancorp Debt-to-Equity Related Terms

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High Country Bancorp (High Country Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

7360 West US Highway 50, P.O. Box 309, Salida, CO, USA, 81201

Website

https://www.highcountrybank.net

High Country Bancorp Inc is a full-service financial institution delivering banking and investment solutions for both consumers and businesses. Its primary deposit products are non interest-bearing and interest-bearing checking accounts, savings accounts and time deposit accounts, and its primary lending products are real estate mortgage loans, construction, consumer and commercial loans.

Executives

Lorin D Smith	director, officer: President & CEO
Scott G Erchul	director, officer: Vice President
Frances Pasquale	officer: Acting CFO	7360 WEST US HIGHWAY 50, SALIDA CO 81201
Young Richard A /co	director
Philip W Harsh	director	7360 WEST US HIGHWAY 50, SALIDA CO 81201