LSBK (Lake Shore Bancorp) Debt-to-Equity : 0.11 (As of Dec. 2024)

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What is Lake Shore Bancorp Debt-to-Equity?

Lake Shore Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Lake Shore Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $10.25 Mil. Lake Shore Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $89.87 Mil. Lake Shore Bancorp's debt to equity for the quarter that ended in Dec. 2024 was 0.11.

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

LSBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.33 Max: 0.46
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Lake Shore Bancorp was 0.46. The lowest was 0.11. And the median was 0.33.

LSBK's Debt-to-Equity is ranked better than
88.17% of 1445 companies
in the Banks industry
Industry Median: 0.63 vs LSBK: 0.11

Lake Shore Bancorp Debt-to-Equity Historical Data

The historical data trend for Lake Shore 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.

Lake Shore Bancorp Debt-to-Equity Chart

Lake Shore Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.35

0.25

0.46

0.41

0.11

Lake Shore Bancorp Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.29	0.27	0.11	0.11

Competitive Comparison of Lake Shore Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Lake Shore 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.

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

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

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

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Lake Shore Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lake Shore Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	10.25)	/	89.868
	=	0.11

Lake Shore Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	10.25)	/	89.868
	=	0.11

Lake Shore Bancorp (NAS:LSBK) 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.

Lake Shore Bancorp Debt-to-Equity Related Terms

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Lake Shore Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lake Shore Bancorp Inc (NAS:LSBK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 East Fourth Street, Dunkirk, NY, USA, 14048

Website

https://www.lakeshoresavings.com

Lake Shore Bancorp Inc operates as a savings and loan holdings company. The bank's business consists of attracting retail deposits from the general public in the areas surrounding its branch offices and investing those deposits, together with funds generated from operations, in commercial real estate loans, one-to-four family residential mortgage loans, home equity lines of credit and to a lesser extent, commercial business loans, consumer loans, and investment securities. Its revenues are principally derived from interest earned on loans and investment securities.

Executives

Kevin M. Sanvidge	director, other: Chairman of the Board	128 EAST FOURTH STREET, DUNKIRK NY 14048
Ann M Segarra	director	31 EAST FOURTH STREET, DUNKIRK NY 14048
Taylor Gilden	officer: Chief Financial Officer	31 EAST FOURTH STREET, DUNKIRK NY 14048
Ronald J Passafaro	director	31 EAST FOURTH STREET, DUNKIRK NY 14048
Kim C Liddell	Dir., Pres. and CEO of Bank, other: Dir., Pres. and CEO of Bank	31 EAST FOURTH STREET, DUNKIRK NY 14048
John L Mehltretter	director	31 EAST FOURTH STREET, DUNKIRK NY 14048
Jennifer L Zatkos	officer: Chief Operating Officer	31 EAST FOURTH STREET, DUNKIRK NY 14048
Robert V Cortellucci	officer: Chief Technology Officer	31 EAST FOURTH STREET, DUNKIRK NY 14048
Michelle M Debergalis	director	31 EAST FOURTH STREET, DUNKIRK NY 14048
Catharine M Young	director	31 EAST FOURTH STREET, DUNKIRK NY 14048
Tracy Steve Bennett	director	125 EAST FOURTH STREET, DUNKIRK NY 14048
John P Mcgrath	director	31 EAST FOURTH STREET, DUNKIRK NY 14048
Daniel P Reininga	director, officer: President and CEO	125 EAST FOURTH STREET, DUNKIRK NY 14048
Jeffrey M. Werdein	officer: EVP-Commercial Division	31 EAST FOURTH STREET, DUNKIRK NY 14048
Beverly Sutton	officer: Internal Auditor	31 EAST FOURTH STREET, DUNKIRK NY 14048