KSBI (KS Bancorp) Debt-to-Equity : 0.24 (As of Sep. 2024)

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What is KS Bancorp Debt-to-Equity?

KS Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. KS Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $11.25 Mil. KS Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $46.58 Mil. KS Bancorp's debt to equity for the quarter that ended in Sep. 2024 was 0.24.

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

KSBI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.57 Max: 1.72
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of KS Bancorp was 1.72. The lowest was 0.24. And the median was 0.57.

KSBI's Debt-to-Equity is ranked better than
74.47% of 1473 companies
in the Banks industry
Industry Median: 0.61 vs KSBI: 0.24

KS Bancorp Debt-to-Equity Historical Data

The historical data trend for KS 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.

KS Bancorp Debt-to-Equity Chart

KS Bancorp Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.72

1.48

1.18

0.81

0.57

KS Bancorp 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															0.31	0.57	0.27	0.26	0.24

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

For the Banks - Regional subindustry, KS 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.

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

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

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

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KS Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KS Bancorp'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
	=	(0	+	23.248)	/	40.478
	=	0.57

KS Bancorp'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
	=	(0	+	11.248)	/	46.58
	=	0.24

KS Bancorp (OTCPK:KSBI) 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.

KS Bancorp Debt-to-Equity Related Terms

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

KS Bancorp Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1031 North Brightleaf Boulevard, PO Box 661, Smithfield, NC, USA, 27577

Website

https://www.ksbankinc.com

KS Bancorp Inc is a community bank. The Bank's operations are retail oriented and directed toward individuals and small to medium-sized businesses located in company's banking market. The Bank provides traditional banking services which include taking of demand deposits and the making of consumer and commercial loans. The Bank's primary source of revenue is the interest income derived from its lending activities.