Total Debt
—
Net Debt
-$41.1M
Carter Bankshares, Inc. currently has — in total debt. Net debt is -$41.1M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
CARE • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 0.00 | 0.04 | -0.04Net Cash | 4.80 | 0.0% |
| 2026-03-31 | 0.00 | 0.58 | -0.58Net Cash | 4.80 | 0.0% |
| 2025-12-31 | 0.18 | 0.49 | -0.31Net Cash | 4.85 | 3.7% |
| 2025-09-30 | 0.18 | 0.77 | -0.60Net Cash | 4.84 | 3.6% |
| 2025-06-30 | 0.11 | 0.79 | -0.68Net Cash | 4.78 | 2.4% |
| 2025-03-31 | 0.06 | 0.77 | -0.72Net Cash | 4.70 | 1.2% |
| 2024-12-31 | 0.07 | 0.79 | -0.72Net Cash | 4.66 | 1.5% |
| 2024-09-30 | 0.09 | 0.79 | -0.70Net Cash | 4.61 | 2.0% |
| 2024-06-30 | 0.24 | 0.75 | -0.51Net Cash | 4.53 | 5.3% |
| 2024-03-31 | 0.31 | 0.82 | -0.51Net Cash | 4.55 | 6.8% |
| 2023-12-31 | 0.39 | 0.77 | -0.38Net Cash | 4.51 | 8.7% |
| 2023-09-30 | 0.51 | 0.85 | -0.33Net Cash | 4.45 | 11.5% |
| 2023-06-30 | 0.42 | 0.87 | -0.46Net Cash | 4.38 | 9.5% |
| 2023-03-31 | 0.44 | 0.94 | -0.51Net Cash | 4.37 | 10.0% |
| 2022-12-31 | 0.20 | 0.88 | -0.68Net Cash | 4.20 | 4.7% |
| 2022-09-30 | 0.03 | 0.92 | -0.89Net Cash | 4.11 | 0.7% |
| 2022-06-30 | 0.00 | 0.98 | -0.98Net Cash | 4.12 | 0.0% |
| 2022-03-31 | 0.00 | 1.09 | -1.09Net Cash | 4.12 | 0.0% |
| 2021-12-31 | 0.01 | 1.20 | -1.19Net Cash | 4.13 | 0.2% |
| 2021-09-30 | 0.03 | 1.12 | -1.09Net Cash | 4.13 | 0.7% |
| 2021-06-30 | 0.03 | 1.06 | -1.03Net Cash | 4.12 | 0.7% |
| 2021-03-31 | 0.03 | 1.00 | -0.97Net Cash | 4.14 | 0.7% |
| 2020-12-31 | 0.04 | 1.02 | -0.99Net Cash | 4.18 | 0.8% |
| 2020-09-30 | 0.04 | 0.93 | -0.89Net Cash | 4.13 | 0.8% |
| 2020-06-30 | 0.04 | 0.94 | -0.90Net Cash | 4.15 | 0.8% |
| 2020-03-31 | 0.04 | 0.79 | -0.76Net Cash | 4.00 | 0.9% |
| 2019-12-31 | 0.01 | 0.87 | -0.86Net Cash | 4.01 | 0.2% |
| 2019-09-30 | 0.00 | 0.86 | -0.86Net Cash | 4.02 | 0.0% |
| 2019-06-30 | 0.00 | 0.94 | -0.94Net Cash | 4.06 | 0.0% |
| 2019-03-31 | 0.00 | 0.99 | -0.99Net Cash | 4.08 | 0.0% |
| 2018-12-31 | 0.00 | 1.08 | -1.08Net Cash | 4.04 | 0.0% |
| 2018-09-30 | 0.00 | 0.96 | -0.96Net Cash | 4.03 | 0.0% |
| 2018-06-30 | 0.00 | 1.05 | -1.05Net Cash | 4.09 | 0.0% |
| 2018-03-31 | 0.00 | 1.17 | -1.17Net Cash | 4.11 | 0.0% |
| 2017-12-31 | 0.00 | 1.22 | -1.22Net Cash | 4.11 | 0.0% |
| 2017-09-30 | 0.00 | 1.30 | -1.30Net Cash | 4.19 | 0.0% |
| 2017-06-30 | 0.00 | 0.83 | -0.83Net Cash | 4.31 | 0.0% |
| 2017-03-31 | 0.00 | 0.87 | -0.87Net Cash | 4.44 | 0.0% |
| 2016-12-31 | 0.00 | 0.86 | -0.86Net Cash | 4.51 | 0.0% |
| 2016-09-30 | 0.00 | 0.95 | -0.95Net Cash | 4.74 | 0.0% |
| 2016-06-30 | 0.00 | 1.02 | -1.02Net Cash | 4.91 | 0.0% |
| 2016-03-31 | 0.00 | 0.79 | -0.79Net Cash | 4.92 | 0.0% |
| 2015-12-31 | 0.00 | 0.61 | -0.61Net Cash | 4.89 | 0.0% |
| 2015-09-30 | 0.00 | 0.70 | -0.70Net Cash | 4.91 | 0.0% |
| 2015-06-30 | 0.00 | 0.49 | -0.49Net Cash | 4.80 | 0.0% |
| 2015-03-31 | 0.00 | 0.37 | -0.37Net Cash | 4.70 | 0.0% |
| 2014-12-31 | 0.00 | 0.24 | -0.24Net Cash | 4.63 | 0.0% |
| 2014-09-30 | 0.00 | 0.32 | -0.32Net Cash | 4.68 | 0.0% |
| 2014-06-30 | 0.00 | 0.33 | -0.33Net Cash | 4.65 | 0.0% |
| 2014-03-31 | 0.00 | 0.35 | -0.35Net Cash | 4.63 | 0.0% |
| 2013-12-31 | 0.00 | 0.48 | -0.48Net Cash | 4.66 | 0.0% |
| 2013-09-30 | 0.00 | 0.47 | -0.47Net Cash | 4.63 | 0.0% |
| 2013-06-30 | 0.00 | 0.47 | -0.47Net Cash | 4.63 | 0.0% |
| 2013-03-31 | 0.00 | 0.57 | -0.57Net Cash | 4.62 | 0.0% |
| 2012-12-31 | 0.00 | 0.51 | -0.51Net Cash | 4.44 | 0.0% |
| 2012-09-30 | 0.00 | 0.61 | -0.61Net Cash | 4.31 | 0.0% |
| 2012-06-30 | 0.00 | 0.00 | 0.00 | 4.30 | 0.0% |
| 2012-03-31 | 0.00 | 0.00 | 0.00 | 4.27 | 0.0% |
| 2007-09-30 | 0.01 | 0.16 | -0.15Net Cash | 2.57 | 0.2% |
| 2007-06-30 | 0.00 | 0.19 | -0.19Net Cash | 2.65 | 0.1% |
| 2007-03-31 | 0.00 | 0.07 | -0.07Net Cash | 2.66 | 0.1% |