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OMCC (Old Market Capital) Debt-to-Equity : 0.07 (As of Dec. 2024)


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What is Old Market Capital Debt-to-Equity?

Old Market Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.34 Mil. Old Market Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $3.46 Mil. Old Market Capital's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $53.94 Mil. Old Market Capital's debt to equity for the quarter that ended in Dec. 2024 was 0.07.

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 Old Market Capital's Debt-to-Equity or its related term are showing as below:

OMCC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 1.11   Max: 2.21
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Old Market Capital was 2.21. The lowest was 0.01. And the median was 1.11.

OMCC's Debt-to-Equity is ranked better than
89.63% of 434 companies
in the Credit Services industry
Industry Median: 1.195 vs OMCC: 0.07

Old Market Capital Debt-to-Equity Historical Data

The historical data trend for Old Market Capital'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.

Old Market Capital Debt-to-Equity Chart

Old Market Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 0.81 0.54 0.36 -

Old Market Capital 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 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 - - 0.01 0.01 0.07

Competitive Comparison of Old Market Capital's Debt-to-Equity

For the Credit Services subindustry, Old Market Capital'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.


Old Market Capital's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Old Market Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Old Market Capital's Debt-to-Equity falls into.


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Old Market Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Old Market Capital's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Old Market Capital's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Old Market Capital  (NAS:OMCC) 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.


Old Market Capital Debt-to-Equity Related Terms

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


Old Market Capital Business Description

Traded in Other Exchanges
N/A
Address
1601 Dodge Street, Suite 3350, Omaha, NE, USA, 68102
Old Market Capital Corp formerly Nicholas Financial Inc is a specialized consumer finance company. It is engaged in acquiring and servicing automobile finance installment contracts for purchases of used and new automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance-related products. The majority of its revenue comes from Interest and fee income.
Executives
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Jeffrey C Royal director 5420 NICHOLAS STREET, OMAHA NE 68132
Mark R Hutchins director 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Michael Rost officer: interim CEO 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Irina Nashtatik officer: CFO 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Douglas W Marohn officer: Snr. Vice President Branch Ops 2454 MCMULLEN BOOTH RD, BLDG C #501B, CLEARWATER FL 33759
Brendan Joseph Keating director 8918 SPANISH RIDGE AVENUE, SUITE 100, LAS VEGAS NV 89148
Kelly M Malson officer: Chief Financial Officer 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Adam K Peterson director, 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Chad Steinorth officer: Vice President and Interim CFO 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Jeremy Qinli Zhu director 1940 LINDA FLORA DRIVE, LOS ANGELES CA 90077
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Robin Hastings director 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Todd Pfister director 2454 MCMULLEN BOOTH ROD, BUILDING C, CLEARWATER FL 33759
Mahan Children Llc 10 percent owner 219 7TH STREET, TIERRA VERDE FL 33715