Shore Bancshares (SHBI) Debt Ratio: 2017-2023
Historic Debt Ratio for Shore Bancshares (SHBI) over the last 7 years, with Sep 2023 value amounting to 0.01.
- Shore Bancshares' Debt Ratio fell 39.64% to 0.01 in Q3 2023 from the same period last year, while for Sep 2023 it was 0.01, marking a year-over-year decrease of 39.64%. This contributed to the annual value of 0.01 for FY2022, which is 42.58% down from last year.
- According to the latest figures from Q3 2023, Shore Bancshares' Debt Ratio is 0.01, which was down 36.57% from 0.01 recorded in Q2 2023.
- Shore Bancshares' 5-year Debt Ratio high stood at 0.02 for Q1 2019, and its period low was 0.00 during Q2 2020.
- In the last 3 years, Shore Bancshares' Debt Ratio had a median value of 0.01 in 2021 and averaged 0.01.
- Per our database at Business Quant, Shore Bancshares' Debt Ratio tumbled by 96.39% in 2020 and then spiked by 1,767.43% in 2021.
- Quarterly analysis of 5 years shows Shore Bancshares' Debt Ratio stood at 0.01 in 2019, then grew by 21.42% to 0.01 in 2020, then declined by 2.19% to 0.01 in 2021, then slumped by 42.58% to 0.01 in 2022, then plummeted by 39.64% to 0.01 in 2023.
- Its Debt Ratio stands at 0.01 for Q3 2023, versus 0.01 for Q2 2023 and 0.01 for Q1 2023.