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TBBC (Triad Business Bank) Debt-to-Equity : 0.24 (As of Dec. 2023)


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What is Triad Business Bank Debt-to-Equity?

Triad Business Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Triad Business Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.00 Mil. Triad Business Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $37.60 Mil. Triad Business Bank's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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 Triad Business Bank's Debt-to-Equity or its related term are showing as below:

TBBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.25   Max: 0.56
Current: 0.24

During the past 4 years, the highest Debt-to-Equity Ratio of Triad Business Bank was 0.56. The lowest was 0.14. And the median was 0.25.

TBBC's Debt-to-Equity is ranked better than
74.88% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs TBBC: 0.24

Triad Business Bank Debt-to-Equity Historical Data

The historical data trend for Triad Business Bank'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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Triad Business Bank Debt-to-Equity Chart

Triad Business Bank Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.56 0.14 0.26 0.24

Triad Business Bank Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Debt-to-Equity 0.56 0.14 0.26 0.24

Competitive Comparison of Triad Business Bank's Debt-to-Equity

For the Banks - Regional subindustry, Triad Business Bank'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.

Triad Business Bank's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Triad Business Bank's Debt-to-Equity falls into.


Triad Business Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Triad Business Bank'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 + 9) / 37.603
=0.24

Triad Business Bank's Debt to Equity Ratio for the quarter 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 + 9) / 37.603
=0.24

* 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.

Triad Business Bank  (OTCPK:TBBC) 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.

Triad Business Bank Debt-to-Equity Related Terms

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

Triad Business Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Triad Business Bank (OTCPK:TBBC) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
1501 Highwoods Boulevard, Suite 103, Greensboro, NC, USA, 27410
Website
https://www.triadbusinessbank.com
Triad Business Bank is engaged in Commercial Lending, Private Banking, and providing treasury solutions. The bank has focused on commercial and private bank loans and deposits.