Shore Bancshares (SHBI) Debt Ratio (2017 - 2023)
Historic Debt Ratio for Shore Bancshares (SHBI) over the last 7 years, with Q3 2023 value amounting to 0.01.
- Shore Bancshares' Debt Ratio fell 3964.15% to 0.01 in Q3 2023 from the same period last year, while for Sep 2023 it was 0.0, marking a year-over-year decrease of 1554.86%. This contributed to the annual value of 0.01 for FY2022, which is 4258.37% down from last year.
- As of Q3 2023, Shore Bancshares' Debt Ratio stood at 0.01, which was down 3964.15% from 0.01 recorded in Q2 2023.
- In the past 5 years, Shore Bancshares' Debt Ratio ranged from a high of 0.02 in Q1 2019 and a low of 0.0 during Q2 2020
- Its 5-year average for Debt Ratio is 0.01, with a median of 0.01 in 2021.
- Per our database at Business Quant, Shore Bancshares' Debt Ratio plummeted by 9638.9% in 2020 and then surged by 176742.68% in 2021.
- Shore Bancshares' Debt Ratio (Quarter) stood at 0.01 in 2019, then increased by 21.42% to 0.01 in 2020, then fell by 2.19% to 0.01 in 2021, then plummeted by 42.58% to 0.01 in 2022, then grew by 6.11% to 0.01 in 2023.
- Its last three reported values are 0.01 in Q3 2023, 0.01 for Q2 2023, and 0.01 during Q1 2023.