ChoiceOne Net Debt from 2010 to 2024

COFS Stock

USD 37.27 0.44 1.19%

ChoiceOne Financial Net Debt yearly trend continues to be comparatively stable with very little volatility. Net Debt is likely to outpace its year average in 2024. Net Debt is the total debt of ChoiceOne Financial Services minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

1999-06-30

Previous Quarter

144.6 M

Current Value

100.1 M

Quarterly Volatility

803.5 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check ChoiceOne Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChoiceOne Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 34.7 M or Selling General Administrative of 34.8 M, as well as many indicators such as Price To Sales Ratio of 2.6, Dividend Yield of 0.0281 or PTB Ratio of 1.35. ChoiceOne financial statements analysis is a perfect complement when working with ChoiceOne Financial Valuation or Volatility modules.

Check out the analysis of ChoiceOne Financial Correlation against competitors.

Latest ChoiceOne Financial's Net Debt Growth Pattern

Below is the plot of the Net Debt of ChoiceOne Financial Services over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. ChoiceOne Financial's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ChoiceOne Financial's overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Net Debt

Timeline

ChoiceOne Net Debt Regression Statistics

	Arithmetic Mean	31,307,513
	Coefficient Of Variation	227.82
	Mean Deviation	51,782,753
	Median	9,604,000
	Standard Deviation	71,324,308
	Sample Variance	5087.2T
	Range	256.2M
	R-Value	0.58
	Mean Square Error	3645.2T
	R-Squared	0.33
	Significance	0.02
	Slope	9,225,818
	Total Sum of Squares	71220.2T

ChoiceOne Net Debt History

	2024	189.1 M
	2023	180.1 M
	2022	91.3 M
	2021	53.1 M
	2020	-67.1 M
	2019	-25.4 M
	2018	-9.7 M

Other Fundumenentals of ChoiceOne Financial

Net Debt To E B I T D A

ChoiceOne Financial Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Accounts Payable	Long Term Debt	Short Term Investments	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.93	0.67	0.95	0.87	0.45	0.47	0.96	0.98	0.99	0.83	0.78	-0.11	0.87	0.82	0.85	0.51	0.83	0.68	0.94
Total Stockholder Equity	0.93		0.39	0.81	0.65	0.59	0.4	0.99	0.97	0.9	0.64	0.83	-0.09	0.9	0.95	0.76	0.43	0.88	0.48	0.97
Net Debt	0.67	0.39		0.79	0.87	-0.18	0.36	0.48	0.58	0.71	0.92	0.27	-0.17	0.34	0.17	0.53	0.22	0.33	0.9	0.45
Retained Earnings	0.95	0.81	0.79		0.91	0.3	0.43	0.85	0.9	0.96	0.89	0.64	-0.2	0.74	0.65	0.76	0.37	0.71	0.78	0.82
Total Liab	0.87	0.65	0.87	0.91		0.29	0.53	0.72	0.77	0.89	0.89	0.64	-0.11	0.64	0.5	0.82	0.45	0.6	0.75	0.7
Total Current Assets	0.45	0.59	-0.18	0.3	0.29		0.45	0.53	0.45	0.39	-0.02	0.84	-0.04	0.62	0.72	0.59	0.46	0.56	-0.26	0.53
Short Term Debt	0.47	0.4	0.36	0.43	0.53	0.45		0.45	0.43	0.43	0.3	0.58	-0.28	0.45	0.35	0.59	0.36	0.47	0.28	0.42
Common Stock	0.96	0.99	0.48	0.85	0.72	0.53	0.45		0.99	0.94	0.69	0.79	-0.08	0.91	0.91	0.79	0.46	0.9	0.57	0.98
Good Will	0.98	0.97	0.58	0.9	0.77	0.45	0.43	0.99		0.97	0.78	0.76	-0.07	0.89	0.87	0.8	0.47	0.88	0.65	0.98
Accounts Payable	0.99	0.9	0.71	0.96	0.89	0.39	0.43	0.94	0.97		0.87	0.74	-0.03	0.85	0.79	0.85	0.51	0.82	0.72	0.93
Long Term Debt	0.83	0.64	0.92	0.89	0.89	-0.02	0.3	0.69	0.78	0.87		0.43	0.0	0.56	0.46	0.64	0.25	0.55	0.92	0.69
Short Term Investments	0.78	0.83	0.27	0.64	0.64	0.84	0.58	0.79	0.76	0.74	0.43		-0.06	0.85	0.87	0.88	0.63	0.8	0.16	0.79
Intangible Assets	-0.11	-0.09	-0.17	-0.2	-0.11	-0.04	-0.28	-0.08	-0.07	-0.03	0.0	-0.06		0.04	0.07	0.1	0.18	0.09	-0.07	0.09
Property Plant Equipment	0.87	0.9	0.34	0.74	0.64	0.62	0.45	0.91	0.89	0.85	0.56	0.85	0.04		0.93	0.88	0.56	0.98	0.4	0.93
Net Tangible Assets	0.82	0.95	0.17	0.65	0.5	0.72	0.35	0.91	0.87	0.79	0.46	0.87	0.07	0.93		0.75	0.46	0.91	0.27	0.93
Long Term Investments	0.85	0.76	0.53	0.76	0.82	0.59	0.59	0.79	0.8	0.85	0.64	0.88	0.1	0.88	0.75		0.73	0.85	0.43	0.83
Short Long Term Debt	0.51	0.43	0.22	0.37	0.45	0.46	0.36	0.46	0.47	0.51	0.25	0.63	0.18	0.56	0.46	0.73		0.5	0.0	0.52
Earning Assets	0.83	0.88	0.33	0.71	0.6	0.56	0.47	0.9	0.88	0.82	0.55	0.8	0.09	0.98	0.91	0.85	0.5		0.44	0.93
Net Invested Capital	0.68	0.48	0.9	0.78	0.75	-0.26	0.28	0.57	0.65	0.72	0.92	0.16	-0.07	0.4	0.27	0.43	0.0	0.44		0.56
Capital Stock	0.94	0.97	0.45	0.82	0.7	0.53	0.42	0.98	0.98	0.93	0.69	0.79	0.09	0.93	0.93	0.83	0.52	0.93	0.56

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About ChoiceOne Financial Financial Statements

ChoiceOne Financial shareholders use historical fundamental indicators, such as Net Debt, to determine how well the company is positioned to perform in the future. Although ChoiceOne Financial investors may analyze each financial statement separately, they are all interrelated. The changes in ChoiceOne Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on ChoiceOne Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Net Debt	180.1 M	189.1 M
Net Debt To EBITDA	2.56	2.18

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Additional Tools for ChoiceOne Stock Analysis

When running ChoiceOne Financial's price analysis, check to measure ChoiceOne Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChoiceOne Financial is operating at the current time. Most of ChoiceOne Financial's value examination focuses on studying past and present price action to predict the probability of ChoiceOne Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChoiceOne Financial's price. Additionally, you may evaluate how the addition of ChoiceOne Financial to your portfolios can decrease your overall portfolio volatility.

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ChoiceOne Net Debt from 2010 to 2024

Latest ChoiceOne Financial's Net Debt Growth Pattern

ChoiceOne Net Debt Regression Statistics

ChoiceOne Net Debt History

Other Fundumenentals of ChoiceOne Financial

ChoiceOne Financial Net Debt component correlations

About ChoiceOne Financial Financial Statements

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for ChoiceOne Stock Analysis

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