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MSWV (Main Street Financial Services) Debt-to-Equity : 1.51 (As of Jun. 2024)


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What is Main Street Financial Services Debt-to-Equity?

Main Street Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Main Street Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $159.37 Mil. Main Street Financial Services's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $105.89 Mil. Main Street Financial Services's debt to equity for the quarter that ended in Jun. 2024 was 1.51.

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 Main Street Financial Services's Debt-to-Equity or its related term are showing as below:

MSWV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.6   Max: 1.51
Current: 1.51

During the past 7 years, the highest Debt-to-Equity Ratio of Main Street Financial Services was 1.51. The lowest was 0.35. And the median was 0.60.

MSWV's Debt-to-Equity is ranked worse than
77.39% of 1504 companies
in the Banks industry
Industry Median: 0.7 vs MSWV: 1.51

Main Street Financial Services Debt-to-Equity Historical Data

The historical data trend for Main Street Financial Services'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.

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Main Street Financial Services Debt-to-Equity Chart

Main Street Financial Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.78 0.43 0.45 0.41 0.66

Main Street Financial Services Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.98 0.66 0.84 1.51

Competitive Comparison of Main Street Financial Services's Debt-to-Equity

For the Banks - Regional subindustry, Main Street Financial Services'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.


Main Street Financial Services's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Main Street Financial Services's Debt-to-Equity falls into.



Main Street Financial Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Main Street Financial Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Main Street Financial Services's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Main Street Financial Services  (OTCPK:MSWV) 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.


Main Street Financial Services Debt-to-Equity Related Terms

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


Main Street Financial Services Business Description

Traded in Other Exchanges
N/A
Address
2001 Main Street, Suite 100, Celoron Plaza, Wheeling, WV, USA, 26003
Main Street Financial Services Corp is a U.S based community bank. It is engaged in providing financial products and services which include ATM, Business Money Market, Drive-thru Services, Internet Banking, Safe Deposit Boxes and Non-profit Accounts among others.