First National annual debt-to-equity ratio
2012
2013
2022
2023
2024
2025
First National Debt-to-Equity Ratio Growth & History (FXNC)
First National's debt-to-equity ratio was 0.01 for fiscal 2025.
View full First National company overviewFirst National annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.01 | −0.00 | −18.57% |
| 2024 | 2024-12-31 | 0.01 | 0.01 | +327.59% |
| 2023 | 2023-12-31 | 0.00 | −0.13 | −97.85% |
| 2022 | 2022-12-31 | 0.13 | — | — |
| 2013 | 2013-12-31 | 0.11 | −0.02 | −16.52% |
| 2012 | 2012-12-31 | 0.14 | — | — |
First National quarterly debt-to-equity ratio
Q4.12
Q4.13
Q1.19
Q2.19
Q3.19
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.22 | −0.10 | −30.88% |
| Q1 2026 | 2026-03-31 | 0.23 | 0.04 | +24.15% |
| Q4 2025 | 2025-12-31 | 0.01 | −0.00 | −18.57% |
| Q3 2025 | 2025-09-30 | 0.17 | — | — |
| Q2 2025 | 2025-06-30 | 0.32 | — | — |
| Q1 2025 | 2025-03-31 | 0.18 | — | — |
| Q4 2024 | 2024-12-31 | 0.01 | 0.01 | +327.59% |
| Q4 2023 | 2023-12-31 | 0.00 | — | — |
| Q3 2019 | 2019-09-30 | 0.00 | — | — |
| Q2 2019 | 2019-06-30 | 0.00 | — | — |
| Q1 2019 | 2019-03-31 | 0.01 | — | — |
| Q4 2013 | 2013-12-31 | 0.11 | −0.02 | −16.52% |
| Q4 2012 | 2012-12-31 | 0.14 | — | — |
First National debt-to-equity ratio trends
Between the periods ended 2012-12-31 and 2025-12-31, First National's debt-to-equity ratio decreased from 0.14 to 0.01, a change of −0.13. The latest reported quarter, Q2 2026, shows 0.22.
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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