Citizens & Northern annual debt-to-equity ratio
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Citizens & Northern Debt-to-Equity Ratio Growth & History (CZNC)
Citizens & Northern's debt-to-equity ratio was 0.09 for fiscal 2025.
View full Citizens & Northern company overviewCitizens & Northern annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.09 | 0.07 | +359.97% |
| 2024 | 2024-12-31 | 0.02 | −0.12 | −85.65% |
| 2023 | 2023-12-31 | 0.14 | −0.19 | −57.74% |
| 2022 | 2022-12-31 | 0.34 | 0.32 | +1732.59% |
| 2021 | 2021-12-31 | 0.02 | −0.06 | −76.46% |
| 2020 | 2020-12-31 | 0.08 | −0.27 | −77.80% |
| 2019 | 2019-12-31 | 0.35 | 0.11 | +42.74% |
| 2018 | 2018-12-31 | 0.25 | −0.13 | −34.38% |
| 2017 | 2017-12-31 | 0.38 | 0.03 | +8.37% |
| 2016 | 2016-12-31 | 0.35 | −0.14 | −29.39% |
| 2015 | 2015-12-31 | 0.49 | 0.07 | +17.94% |
| 2014 | 2014-12-31 | 0.42 | −0.12 | −22.58% |
| 2013 | 2013-12-31 | 0.54 | 0.05 | +10.21% |
| 2012 | 2012-12-31 | 0.49 | −0.29 | −37.19% |
| 2011 | 2011-12-31 | 0.78 | −0.42 | −35.19% |
| 2010 | 2010-12-31 | 1.20 | — | — |
Citizens & Northern quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.04 | 0.04 | +2172.79% |
| Q1 2026 | 2026-03-31 | 0.04 | 0.04 | +1898.93% |
| Q4 2025 | 2025-12-31 | 0.09 | 0.07 | +359.97% |
| Q3 2025 | 2025-09-30 | 0.01 | −0.04 | −87.71% |
| Q2 2025 | 2025-06-30 | 0.00 | −0.06 | −97.10% |
| Q1 2025 | 2025-03-31 | 0.00 | −0.18 | −98.91% |
| Q4 2024 | 2024-12-31 | 0.02 | −0.12 | −85.65% |
| Q3 2024 | 2024-09-30 | 0.04 | −0.06 | −57.44% |
| Q2 2024 | 2024-06-30 | 0.06 | −0.06 | −49.39% |
| Q1 2024 | 2024-03-31 | 0.19 | −0.18 | −48.93% |
| Q4 2023 | 2023-12-31 | 0.14 | −0.19 | −57.74% |
| Q3 2023 | 2023-09-30 | 0.10 | 0.09 | +840.82% |
| Q2 2023 | 2023-06-30 | 0.13 | −0.22 | −63.62% |
| Q1 2023 | 2023-03-31 | 0.37 | 0.36 | +4182.51% |
| Q4 2022 | 2022-12-31 | 0.34 | 0.32 | +1732.59% |
| Q3 2022 | 2022-09-30 | 0.01 | 0.00 | +64.30% |
| Q2 2022 | 2022-06-30 | 0.35 | 0.34 | +4882.98% |
| Q1 2022 | 2022-03-31 | 0.01 | −0.02 | −73.77% |
| Q4 2021 | 2021-12-31 | 0.02 | −0.06 | −76.46% |
| Q3 2021 | 2021-09-30 | 0.01 | −0.13 | −95.46% |
| Q2 2021 | 2021-06-30 | 0.01 | −0.05 | −87.59% |
| Q1 2021 | 2021-03-31 | 0.03 | −0.12 | −78.26% |
| Q4 2020 | 2020-12-31 | 0.08 | −0.27 | −77.80% |
| Q3 2020 | 2020-09-30 | 0.14 | 0.05 | +57.45% |
| Q2 2020 | 2020-06-30 | 0.06 | −0.06 | −50.90% |
| Q1 2020 | 2020-03-31 | 0.15 | −0.04 | −20.33% |
| Q4 2019 | 2019-12-31 | 0.35 | 0.11 | +42.74% |
| Q3 2019 | 2019-09-30 | 0.09 | −0.13 | −59.81% |
| Q2 2019 | 2019-06-30 | 0.11 | −0.12 | −50.94% |
| Q1 2019 | 2019-03-31 | 0.19 | −0.05 | −21.49% |
| Q4 2018 | 2018-12-31 | 0.25 | −0.13 | −34.38% |
| Q3 2018 | 2018-09-30 | 0.22 | 0.01 | +6.76% |
| Q2 2018 | 2018-06-30 | 0.23 | −0.01 | −5.96% |
| Q1 2018 | 2018-03-31 | 0.24 | −0.08 | −24.18% |
| Q4 2017 | 2017-12-31 | 0.38 | 0.03 | +8.37% |
| Q3 2017 | 2017-09-30 | 0.20 | −0.07 | −26.76% |
| Q2 2017 | 2017-06-30 | 0.25 | −0.09 | −26.36% |
| Q1 2017 | 2017-03-31 | 0.32 | −0.03 | −8.06% |
| Q4 2016 | 2016-12-31 | 0.35 | −0.14 | −29.39% |
| Q3 2016 | 2016-09-30 | 0.28 | −0.11 | −27.50% |
| Q2 2016 | 2016-06-30 | 0.34 | −0.10 | −23.70% |
| Q1 2016 | 2016-03-31 | 0.34 | −0.07 | −17.65% |
| Q4 2015 | 2015-12-31 | 0.49 | 0.07 | +17.94% |
| Q3 2015 | 2015-09-30 | 0.38 | −0.04 | −10.08% |
| Q2 2015 | 2015-06-30 | 0.44 | 0.03 | +7.53% |
| Q1 2015 | 2015-03-31 | 0.42 | −0.01 | −1.26% |
| Q4 2014 | 2014-12-31 | 0.42 | −0.12 | −22.58% |
| Q3 2014 | 2014-09-30 | 0.43 | −0.00 | −0.98% |
| Q2 2014 | 2014-06-30 | 0.41 | −0.09 | −17.87% |
| Q1 2014 | 2014-03-31 | 0.42 | −0.02 | −4.86% |
| Q4 2013 | 2013-12-31 | 0.54 | 0.05 | +10.21% |
| Q3 2013 | 2013-09-30 | 0.43 | −0.18 | −29.04% |
| Q2 2013 | 2013-06-30 | 0.50 | −0.15 | −22.82% |
| Q1 2013 | 2013-03-31 | 0.44 | −0.25 | −36.13% |
| Q4 2012 | 2012-12-31 | 0.49 | −0.29 | −37.19% |
| Q3 2012 | 2012-09-30 | 0.61 | −0.30 | −33.39% |
| Q2 2012 | 2012-06-30 | 0.65 | −0.35 | −35.02% |
| Q1 2012 | 2012-03-31 | 0.69 | — | — |
| Q4 2011 | 2011-12-31 | 0.78 | −0.42 | −35.19% |
| Q3 2011 | 2011-09-30 | 0.91 | — | — |
| Q2 2011 | 2011-06-30 | 1.00 | — | — |
| Q4 2010 | 2010-12-31 | 1.20 | — | — |
Citizens & Northern debt-to-equity ratio trends
Over the last five fiscal years, Citizens & Northern's debt-to-equity ratio increased from 0.08 to 0.09, a change of 0.02. The latest reported quarter, Q2 2026, shows 0.04.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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