Debt to Equity Ratio Analysis of Southern States Bancshares Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Good Debt to Equity
0.981
Period Ending - Dec-22
Good Debt to Equity
0.645
Growth
51.98 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Good Debt to Equity
0.928
Debt to Equity Analysis of Southern States Bancshares Inc
Debt to Equity Ratio of SSBK rose handsomely by 51.98 % this year. |
Debt to Equity Ratio with value of 0.981 was highest in Year Dec-23 in last Five Years. |
Debt to Equity Ratio with value of 0.098 was lowest in Year Dec-19 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.981 is Greater than Average Debt to Equity of 0.464 in last five years. |
Other Debt to Equity Related Info of SSBK that may interest you.
Southern States Bancshares Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SSBK | 25.57 | 25.63 | 0.234 % | 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
Low Stability Stock |
FY - Historical Debt to Equity Ratio of Southern States Bancshares Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
---|---|---|---|---|---|---|
Debt to Equity | 0.981 | 0.645 | 0.288 | 0.308 | 0.098 | 0 |
Change | 51.98 % | 124.47 % | -6.75 % | 213.32 % |
FY Chart of Debt to Equity Ratio of Southern States Bancshares Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)