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Ratios

Shore Bancshares (SHBI) Debt Ratio: 2017-2022

Historic Debt Ratio for Shore Bancshares (SHBI) over the last 6 years, with Dec 2022 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.
  • Per Shore Bancshares' latest filing, its Debt Ratio stood at 0.01 for FY2022, which was down 42.58% from 0.01 recorded in FY2021.
  • Shore Bancshares' 5-year Debt Ratio high stood at 0.04 for FY2018, and its period low was 0.01 during FY2022.
  • Its 3-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 spiked by 162.97% in 2018 and then plummeted by 74.62% in 2019.
  • Shore Bancshares' Debt Ratio (Yearly) stood at 0.04 in 2018, then tumbled by 74.62% to 0.01 in 2019, then rose by 21.42% to 0.01 in 2020, then dropped by 2.19% to 0.01 in 2021, then tumbled by 42.58% to 0.01 in 2022.