Debt to Equity Ratio Analysis of Macatawa Bank Corp. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.0223
Period Ending - Dec-22
Excellent Debt to Equity
0.123
Growth
-81.83 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.068
Debt to Equity Analysis of Macatawa Bank Corp.
| Debt to Equity Ratio 0.0223 of Macatawa Bank Corp. indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of MCBC drastically fell by -81.83 % this year. |
| Debt to Equity Ratio with value of 0.401 was highest in Year Dec-20 in last Five Years. |
| Debt to Equity Ratio of MCBC trending down for at least three Years. |
| Latest Debt to Equity Ratio with value of 0.0223 is lower than Average Debt to Equity of 0.196 in last five years. |
Other Debt to Equity Related Info of MCBC that may interest you.
Macatawa Bank Corp. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MCBC | 14.06 | 14.02 | 0.285 % | 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 Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Debt to Equity Ratio of Macatawa Bank Corp.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.0223 | 0.123 | 0.336 | 0.401 | 0.095 | 0.268 | 0.540 |
| Change | -81.83 % | -63.45 % | -16.22 % | 323.29 % | -64.68 % | -50.25 % | -47.62 % |
FY Chart of Debt to Equity Ratio of Macatawa Bank Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)