Magyar Bancorp (MGYR) Debt Ratio (2010 - 2024)
Magyar Bancorp posted quarterly Debt Ratio of 0.03 for Q2 2024, down 43.03% year-on-year from 0.05 in Q3 2023, and down 2.45% on a QoQ basis from 0.03 in Q1 2024.
Magyar Bancorp (MGYR) has 14 years of Debt Ratio data on file, last reported at 0.03 in Q2 2024.
- For the quarter ending Q2 2024, Debt Ratio fell 43.03% year-over-year to 0.03; the trailing twelve-month figure through Jun 2024 stood at 0.03 (down 43.03% YoY), and the FY2023 full-year result was 0.03, up 66.25% from the prior year.
- Debt Ratio for Q2 2024 stood at 0.03, down from 0.03 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.18 in Q3 2020 and bottomed at 0.02 in Q2 2022.
- The 5-year median for Debt Ratio is 0.03 (2022), against an average of 0.05.
- The widest annual swing landed in 2022, when Debt Ratio plunged 67.58%; it then soared 174.71% in 2023.
- A 5-year view of Debt Ratio shows it stood at 0.08 in 2020, then sank by 66.32% to 0.03 in 2021, then jumped by 32.25% to 0.04 in 2022, then slipped by 13.18% to 0.03 in 2023, then fell by 3.69% to 0.03 in 2024.
- The last three Debt Ratio figures came in at 0.03 (Q2 2024), 0.03 (Q1 2024), and 0.03 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | 0.02 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | 0.05 |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 0.01 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 0.36 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.01 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 0.04 |
| 10 | Magyar Bancorp | 108.50 Mn | 60.86 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.06 |
| Jun 30, 2021 | 0.04 |
| Mar 31, 2021 | 0.06 |
| Dec 31, 2020 | 0.08 |
| Sep 30, 2020 | 0.18 |
| Jun 30, 2020 | 0.09 |
| Mar 31, 2020 | 0.05 |
| Dec 31, 2019 | 0.05 |
| Sep 30, 2019 | 0.11 |
| Jun 30, 2019 | 0.08 |
| Mar 31, 2019 | 0.05 |
| Dec 31, 2018 | 0.05 |
| Sep 30, 2018 | 0.06 |
| Jun 30, 2018 | 0.08 |
| Sep 30, 2017 | 0.05 |
| Sep 30, 2015 | 0.06 |
| Dec 31, 2014 | 0.05 |
| Sep 30, 2014 | 0.05 |
| Sep 30, 2013 | 0.01 |
| Mar 31, 2013 | 0.07 |
| Dec 31, 2012 | 0.07 |
| Sep 30, 2012 | 0.07 |
| Jun 30, 2012 | 0.03 |
| Mar 31, 2012 | 0.03 |
| Dec 31, 2011 | 0.03 |
| Sep 30, 2011 | 0.03 |
| Jun 30, 2011 | 0.03 |
| Sep 30, 2010 | 0.03 |