Magyar Bancorp (MGYR) Debt to Equity (2010 - 2024)

Magyar Bancorp posted quarterly Debt to Equity of $0.26 for Q2 2024, down 40.87% year-on-year from $0.44 in Q3 2023, and down 2.07% on a QoQ basis from $0.27 in Q1 2024.

Magyar Bancorp (MGYR) has 14 years of Debt to Equity data on file, last reported at $0.26 in Q2 2024.

  • For the quarter ending Q2 2024, Debt to Equity fell 40.87% year-over-year to $0.26; the trailing twelve-month figure through Jun 2024 stood at $0.26 (down 40.87% YoY), and the FY2023 full-year result was $0.28, up 77.56% from the prior year.
  • Debt to Equity for Q2 2024 stood at $0.26, down from $0.27 in the prior quarter.
  • Across five years, Debt to Equity topped out at $2.37 in Q3 2020 and bottomed at $0.15 in Q2 2022.
  • The 5-year median for Debt to Equity is $0.29 (2022), against an average of $0.54.
  • The widest annual swing landed in 2021, when Debt to Equity tumbled 79.83%; it then jumped 192.77% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $1.04 in 2020, then slumped by 79.05% to $0.22 in 2021, then jumped by 37.13% to $0.3 in 2022, then slipped by 9.15% to $0.27 in 2023, then dropped by 3.07% to $0.26 in 2024.
  • The last three Debt to Equity figures came in at $0.26 (Q2 2024), $0.27 (Q1 2024), and $0.27 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - 0.66
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 - 0.13
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 7.86
8 KB Financial 150.02 Bn 142.15 Bn - 0.20
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 0.34
10 Magyar Bancorp 108.50 Mn 60.86 Mn - -

Historic Data

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DateValue
Jun 30, 2024 0.26
Mar 31, 2024 0.27
Dec 31, 2023 0.27
Sep 30, 2023 0.28
Jun 30, 2023 0.44
Mar 31, 2023 0.25
Dec 31, 2022 0.30
Sep 30, 2022 0.16
Jun 30, 2022 0.15
Mar 31, 2022 0.19
Dec 31, 2021 0.22
Sep 30, 2021 0.48
Jun 30, 2021 0.51
Mar 31, 2021 0.77
Dec 31, 2020 1.04
Sep 30, 2020 2.37
Jun 30, 2020 1.19
Mar 31, 2020 0.56
Dec 31, 2019 0.55
Sep 30, 2019 1.32
Jun 30, 2019 0.93
Mar 31, 2019 0.61
Dec 31, 2018 0.66
Sep 30, 2018 0.69
Jun 30, 2018 0.96
Sep 30, 2017 0.65
Sep 30, 2015 0.68
Dec 31, 2014 0.60
Sep 30, 2014 0.56
Sep 30, 2013 0.11
Mar 31, 2013 0.86
Dec 31, 2012 0.78
Sep 30, 2012 0.81
Jun 30, 2012 0.33
Mar 31, 2012 0.34
Dec 31, 2011 0.34
Sep 30, 2011 0.34
Jun 30, 2011 0.34
Sep 30, 2010 0.34