Debt to Equity Ratio Analysis of German American Bancorp Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Very Good Debt to Equity
0.329
Period Ending - Dec-22
Very Good Debt to Equity
0.410
Growth
-19.80 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Very Good Debt to Equity
0.355
Debt to Equity Analysis of German American Bancorp Inc
Debt to Equity Ratio 0.329 of German American Bancorp Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of GABC has fallen by -19.80 % Compared to previous Financial Year. |
Debt to Equity Ratio with value of 0.527 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio with value of 0.329 was lowest in Year Dec-23 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.329 is lower than Average Debt to Equity of 0.402 in last five years. |
Other Debt to Equity Related Info of GABC that may interest you.
German American Bancorp Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
GABC | 32.54 | 32.13 | 1.28 % | Banks-Regional |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..![Debt to Equity Ratio Formula Debt to Equity Ratio Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEquity.jpg)
Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Debt to Equity Ratio of German American Bancorp Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.329 | 0.410 | 0.332 | 0.412 | 0.527 | 1.43 | 0.865 |
Change | -19.80 % | 23.24 % | -19.31 % | -21.86 % | -63.23 % | 65.76 % | 37.18 % |
FY Chart of Debt to Equity Ratio of German American Bancorp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)