Choiceone Financial Services Inc (COFS) Debt Ratio (2011 - 2026)
Choiceone Financial Services' Debt Ratio was 0.01 in Q2 2026, down 2.6% from 0.01 a year earlier and down 1.2% from the prior quarter.
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Analysis
Choiceone Financial Services Inc (COFS) Debt Ratio (2011 - 2026) Analysis & Trends
From Q4 2011 onward, Choiceone Financial Services has reported Debt Ratio for 51 quarters.
- Debt Ratio has now declined for four consecutive years.
- In earlier years, Debt Ratio was 0.01 in FY2024 (-4.7%), 0.01 in FY2023 (-6.8%), 0.01 in FY2022 (-0.1%) and 0.01 in FY2021 (+819.3%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q2 2021.
- Compared with a year earlier, Debt Ratio has declined for 16 straight quarters, with an average decline of 9.5% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q2 2022 (growth of 905.7%); the worst was Q4 2025 (a decline of 16.3%).
- Per Business Quant data, COFS's Debt Ratio in the three quarters before Q2 2026 was 0.01 (Q1 2026), 0.01 (Q4 2025) and 0.01 (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.07 |
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 0.06 |
| Sep 30, 2025 | 0.05 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 0.03 |
| Dec 31, 2024 | 0.06 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.08 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.07 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.02 |
API Access
Choiceone Financial Services Inc Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=COFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "COFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=COFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();