Marquette National (Marquette National) Debt-to-Equity : 0.90 (As of Mar. 2024)

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What is Marquette National Debt-to-Equity?

Marquette National's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Marquette National's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $148.70 Mil. Marquette National's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $165.23 Mil. Marquette National's debt to equity for the quarter that ended in Mar. 2024 was 0.90.

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 Marquette National's Debt-to-Equity or its related term are showing as below:

MNAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.39 Max: 1.03
Current: 0.9

During the past 13 years, the highest Debt-to-Equity Ratio of Marquette National was 1.03. The lowest was 0.30. And the median was 0.39.

MNAT's Debt-to-Equity is ranked worse than
60.55% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs MNAT: 0.90

Marquette National Debt-to-Equity Historical Data

The historical data trend for Marquette National'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.

Marquette National Debt-to-Equity Chart

Marquette National Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.35

0.31

1.03

0.94

Marquette National 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															0.96	0.96	1.00	0.94	0.90

Competitive Comparison of Marquette National's Debt-to-Equity

For the Banks - Regional subindustry, Marquette National'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.

Marquette National's Debt-to-Equity Distribution in the Banks Industry

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

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

Marquette National Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marquette National'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	+	148.702)	/	159.053
	=	0.93

Marquette National'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	+	148.702)	/	165.229
	=	0.90

Marquette National (OTCPK:MNAT) 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.

Marquette National Debt-to-Equity Related Terms

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Marquette National (Marquette National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Marquette National Corp (OTCPK:MNAT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6316 South Western Avenue, Chicago, IL, USA, 60636-2491

Website

https://www.emarquettebank.com

Marquette National Corp is a banking corporation operating in the United States. It provides services like savings and personal checking accounts, money market accounts, individual retirement accounts, certificates of deposit, debit and credit cards, safe deposit boxes, treasury solutions, commercial loans, loans and advances, mobile banking, and online banking.