showing the working

← First Ottawa Bancshares

The business behind the dividend

MeasureFOTBMedianFormula
Return on equity3.1%10.6%Net income ÷ shareholders’ equity
Return on capital employedOperating income ÷ (equity + total debt)
Owner earnings$1.24m$120.90mNet income + depreciation & amortisation − capital expenditure
Free cash flow$5.26m$155.08mOperating cash flow − capital expenditure
Operating marginOperating income ÷ revenue
Net margin7.1%10.1%Net income ÷ revenue
Debt to equityTotal debt ÷ shareholders’ equity
Interest coverOperating income ÷ interest expense
Current ratioCurrent assets ÷ current liabilities
Long-term debt to working capitalLong-term debt ÷ (current assets − current liabilities)
Cash conversionOperating cash flow ÷ net income
Accruals-1.7%-3.1%(Net income − operating cash flow) ÷ total assets

Not computed here: Cash conversion, Current ratio, Debt to equity, Long-term debt to working capital, Interest cover, Operating margin, Return on capital employed — why a blank is not a zero.

How it compares in banks & insurers

Among the 377 banks & insurers companies here measured on GAAP earnings, First Ottawa Bancshares pays out less than 267 of them. The median for that group is 30.6%, against this company’s 22.4%.

Closest on GAAP earnings

Same sector and same denominator, so the figures are comparable. All 377 in banks & insurers →