Choiceone Financial Services Stock Debt To Equity

COFS Stock

USD 35.90 0.40 1.13%

ChoiceOne Financial Services fundamentals help investors to digest information that contributes to ChoiceOne Financial's financial success or failures. It also enables traders to predict the movement of ChoiceOne Stock. The fundamental analysis module provides a way to measure ChoiceOne Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ChoiceOne Financial stock.

		Last Reported	Projected for Next Year
	Debt To Equity	1.21	1.11

Debt To Equity is likely to drop to 1.11 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ChoiceOne Financial Services Company Debt To Equity Analysis

ChoiceOne Financial's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current ChoiceOne Financial Debt To Equity

6.37 %

Most of ChoiceOne Financial's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ChoiceOne Financial Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ChoiceOne Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for ChoiceOne Financial is extremely important. It helps to project a fair market value of ChoiceOne Stock properly, considering its historical fundamentals such as Debt To Equity. Since ChoiceOne Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ChoiceOne Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ChoiceOne Financial's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Accounts Payable	Long Term Debt	Short Term Investments	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.93	0.67	0.95	0.87	0.45	0.73	0.96	0.98	0.99	0.83	0.78	-0.11	0.86	0.82	0.85	0.51	0.83	0.68	0.94
Total Stockholder Equity	0.93		0.39	0.81	0.65	0.59	0.53	0.99	0.97	0.9	0.64	0.83	-0.09	0.9	0.95	0.76	0.43	0.88	0.48	0.97
Net Debt	0.67	0.39		0.79	0.87	-0.18	0.93	0.48	0.58	0.71	0.92	0.27	-0.17	0.34	0.17	0.53	0.22	0.33	0.9	0.45
Retained Earnings	0.95	0.81	0.79		0.91	0.3	0.8	0.85	0.9	0.96	0.89	0.64	-0.2	0.74	0.65	0.76	0.37	0.71	0.78	0.82
Total Liab	0.87	0.65	0.87	0.91		0.28	0.79	0.72	0.77	0.89	0.89	0.64	-0.11	0.64	0.5	0.82	0.45	0.59	0.75	0.7
Total Current Assets	0.45	0.59	-0.18	0.3	0.28		-0.2	0.53	0.45	0.39	-0.02	0.84	-0.04	0.62	0.72	0.59	0.46	0.56	-0.26	0.53
Short Term Debt	0.73	0.53	0.93	0.8	0.79	-0.2		0.59	0.68	0.76	0.96	0.27	-0.16	0.42	0.32	0.47	0.13	0.42	0.93	0.56
Common Stock	0.96	0.99	0.48	0.85	0.72	0.53	0.59		0.99	0.94	0.69	0.79	-0.08	0.91	0.91	0.79	0.46	0.9	0.57	0.98
Good Will	0.98	0.97	0.58	0.9	0.77	0.45	0.68	0.99		0.97	0.78	0.76	-0.07	0.89	0.87	0.8	0.47	0.88	0.65	0.98
Accounts Payable	0.99	0.9	0.71	0.96	0.89	0.39	0.76	0.94	0.97		0.87	0.74	-0.03	0.85	0.79	0.85	0.51	0.82	0.72	0.93
Long Term Debt	0.83	0.64	0.92	0.89	0.89	-0.02	0.96	0.69	0.78	0.87		0.43	0.0	0.56	0.46	0.64	0.25	0.55	0.92	0.69
Short Term Investments	0.78	0.83	0.27	0.64	0.64	0.84	0.27	0.79	0.76	0.74	0.43		-0.06	0.85	0.87	0.88	0.63	0.8	0.16	0.79
Intangible Assets	-0.11	-0.09	-0.17	-0.2	-0.11	-0.04	-0.16	-0.08	-0.07	-0.03	0.0	-0.06		0.04	0.07	0.1	0.18	0.09	-0.07	0.09
Property Plant Equipment	0.86	0.9	0.34	0.74	0.64	0.62	0.42	0.91	0.89	0.85	0.56	0.85	0.04		0.93	0.88	0.56	0.98	0.4	0.93
Net Tangible Assets	0.82	0.95	0.17	0.65	0.5	0.72	0.32	0.91	0.87	0.79	0.46	0.87	0.07	0.93		0.75	0.46	0.91	0.27	0.93
Long Term Investments	0.85	0.76	0.53	0.76	0.82	0.59	0.47	0.79	0.8	0.85	0.64	0.88	0.1	0.88	0.75		0.73	0.85	0.43	0.83
Short Long Term Debt	0.51	0.43	0.22	0.37	0.45	0.46	0.13	0.46	0.47	0.51	0.25	0.63	0.18	0.56	0.46	0.73		0.5	0.0	0.52
Earning Assets	0.83	0.88	0.33	0.71	0.59	0.56	0.42	0.9	0.88	0.82	0.55	0.8	0.09	0.98	0.91	0.85	0.5		0.44	0.93
Net Invested Capital	0.68	0.48	0.9	0.78	0.75	-0.26	0.93	0.57	0.65	0.72	0.92	0.16	-0.07	0.4	0.27	0.43	0.0	0.44		0.56
Capital Stock	0.94	0.97	0.45	0.82	0.7	0.53	0.56	0.98	0.98	0.93	0.69	0.79	0.09	0.93	0.93	0.83	0.52	0.93	0.56

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ChoiceOne Debt To Equity Historical Pattern

Today, most investors in ChoiceOne Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ChoiceOne Financial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ChoiceOne Financial debt to equity as a starting point in their analysis.

ChoiceOne Financial Debt To Equity

Timeline

High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

Predict ChoiceOne Financial

Debt To Equity Over Time

ChoiceOne Total Stockholder Equity

Total Stockholder Equity

205.42 Million

At this time, ChoiceOne Financial's Total Stockholder Equity is comparatively stable compared to the past year.

According to the company disclosure, ChoiceOne Financial Services has a Debt To Equity of 6.37%. This is 80.6% lower than that of the Banks sector and significantly higher than that of the Financials industry. The debt to equity for all United States stocks is 86.92% higher than that of the company.

ChoiceOne Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ChoiceOne Financial's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ChoiceOne Financial could also be used in its relative valuation, which is a method of valuing ChoiceOne Financial by comparing valuation metrics of similar companies.

ChoiceOne Financial is currently under evaluation in debt to equity category among its peers.

ChoiceOne Financial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ChoiceOne Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ChoiceOne Financial's managers, analysts, and investors.

Environmental

Governance

Social

ChoiceOne Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0094
	Profit Margin	0.28 %
	Operating Margin	0.43 %
	Current Valuation	413.34 M
	Shares Outstanding	8.96 M
	Shares Owned By Insiders	7.27 %
	Shares Owned By Institutions	21.20 %
	Number Of Shares Shorted	212.14 K
	Price To Earning	9.13 X
	Price To Book	1.28 X
	Price To Sales	3.66 X
	Revenue	114.13 M
	Gross Profit	81.14 M
	EBITDA	955 K
	Net Income	21.26 M
	Cash And Equivalents	51.49 M
	Cash Per Share	6.86 X
	Total Debt	236.22 M
	Debt To Equity	6.37 %
	Book Value Per Share	27.65 X
	Cash Flow From Operations	45.23 M
	Short Ratio	4.90 X
	Earnings Per Share	3.16 X
	Target Price	37.0
	Number Of Employees	371
	Beta	0.63
	Market Capitalization	321.78 M
	Total Asset	2.6 B
	Retained Earnings	73.7 M
	Annual Yield	0.03 %
	Five Year Return	3.09 %
	Net Asset	2.6 B
	Last Dividend Paid	1.08

About ChoiceOne Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ChoiceOne Financial Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ChoiceOne Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ChoiceOne Financial Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for ChoiceOne Stock Analysis

When running ChoiceOne Financial's price analysis, check to measure ChoiceOne Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChoiceOne Financial is operating at the current time. Most of ChoiceOne Financial's value examination focuses on studying past and present price action to predict the probability of ChoiceOne Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChoiceOne Financial's price. Additionally, you may evaluate how the addition of ChoiceOne Financial to your portfolios can decrease your overall portfolio volatility.

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