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Infinity Bancorp (Infinity Bancorp) Debt-to-Asset : 0.09 (As of Dec. 2023)


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What is Infinity Bancorp Debt-to-Asset?

Infinity Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.07 Mil. Infinity Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20.27 Mil. Infinity Bancorp's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $304.96 Mil. Infinity Bancorp's debt to asset for the quarter that ended in Dec. 2023 was 0.09.

Infinity Bancorp Debt-to-Asset Historical Data

The historical data trend for Infinity Bancorp's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Infinity Bancorp Debt-to-Asset Chart

Infinity Bancorp Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.01 0.03 0.02 0.02 0.09

Infinity Bancorp Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset Get a 7-Day Free Trial 0.01 0.03 0.02 0.02 0.09

Competitive Comparison of Infinity Bancorp's Debt-to-Asset

For the Banks - Regional subindustry, Infinity Bancorp's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Infinity Bancorp's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Infinity Bancorp's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Infinity Bancorp's Debt-to-Asset falls into.


Infinity Bancorp Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Infinity Bancorp's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6.071 + 20.265) / 304.964
=0.09

Infinity Bancorp's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6.071 + 20.265) / 304.964
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Infinity Bancorp  (OTCPK:INFT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Infinity Bancorp Debt-to-Asset Related Terms

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Infinity Bancorp (Infinity Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Infinity Bancorp (OTCPK:INFT) » Definitions » Debt-to-Asset
Comparable Companies
CBAF HCBC MNBP EQFN EFIN LUMB PBBK QNTO SHFS FSEA CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
6 Hutton Centre Drive, Suite 100, Santa Ana, CA, USA, 92707
Website
https://www.goinfinitybank.com
Infinity Bancorp operates as a community bank. It provides a full range of commercial banking products and solutions for retail and institutional customers. The company products and services include savings and checking accounts, credit cards, treasury management, payment processing, online banking, mobile banking, electronic statements, personal loans, commercial real estate loans and construction loans.