Mars Bancorp (Mars Bancorp) Debt-to-Equity : N/A (As of Sep. 2023)

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What is Mars Bancorp Debt-to-Equity?

Mars Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Mars Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Mars Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $0.00 Mil.

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

MNBP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.51 Max: 1.33
Current: 1.33

During the past 10 years, the highest Debt-to-Equity Ratio of Mars Bancorp was 1.33. The lowest was 0.08. And the median was 0.51.

MNBP's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.68 vs MNBP: 1.33

Mars Bancorp Debt-to-Equity Historical Data

The historical data trend for Mars 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.

Mars Bancorp Debt-to-Equity Chart

Mars Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.55

0.41

0.17

0.22

Mars Bancorp Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.35	0.22	0.58	1.33	N/A

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

For the Banks - Regional subindustry, Mars 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.

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

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

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

Mars Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mars Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	5.379)	/	24.312
	=	0.22

Mars Bancorp's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	0
	=	N/A

Mars Bancorp (OTCPK:MNBP) 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.

Mars Bancorp Debt-to-Equity Related Terms

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

Mars Bancorp (Mars Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 Grand Avenue, P.O. Box 927, Mars, PA, USA, 16046-0927

Website

https://www.marsbank.com

Mars Bancorp Inc along with its subsidiaries provides banking products and services to individuals and businesses. It offers loans, deposits, mortgages, and online banking services. The primary activities of the bank are owning and supervising its subsidiary Mars Bank which is a national association located in Pennsylvania. The Bank derives its principal sources of revenue from its residential and commercial real estate portfolios, commercial, industrial and consumer loans, investment securities portfolio, as well as a variety of deposit services offered to its customers through six branch offices, which are located in areas of Allegheny, Butler, and Mercer counties in Western Pennsylvania.

Mars Bancorp (Mars Bancorp) Headlines

From GuruFocus

Shareholder Alert: Ademi LLP investigates whether Mars Bancorp, Inc. has obtained a Fair Price in its transaction with NexTier

By PRNewswire • 08-31-2023