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Bay Banks of Virginia (Bay Banks of Virginia) Liabilities-to-Assets : 0.90 (As of Sep. 2020)


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What is Bay Banks of Virginia Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Bay Banks of Virginia's Total Liabilities for the quarter that ended in Sep. 2020 was $1,130.15 Mil. Bay Banks of Virginia's Total Assets for the quarter that ended in Sep. 2020 was $1,251.58 Mil. Therefore, Bay Banks of Virginia's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2020 was 0.90.


Bay Banks of Virginia Liabilities-to-Assets Historical Data

The historical data trend for Bay Banks of Virginia's Liabilities-to-Assets 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.

* Premium members only.

Bay Banks of Virginia Liabilities-to-Assets Chart

Bay Banks of Virginia Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.88 0.89 0.89

Bay Banks of Virginia Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.89 0.89 0.90 0.90

Competitive Comparison of Bay Banks of Virginia's Liabilities-to-Assets

For the Banks - Regional subindustry, Bay Banks of Virginia's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Bay Banks of Virginia's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bay Banks of Virginia's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Bay Banks of Virginia's Liabilities-to-Assets falls into.



Bay Banks of Virginia Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Bay Banks of Virginia's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Liabilities-to-Assets (A: Dec. 2019 )=Total Liabilities/Total Assets
=1005.738/1131.923
=0.89

Bay Banks of Virginia's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2020 is calculated as

Liabilities-to-Assets (Q: Sep. 2020 )=Total Liabilities/Total Assets
=1130.153/1251.582
=0.90

* 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.


Bay Banks of Virginia  (OTCPK:BAYK) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Bay Banks of Virginia Liabilities-to-Assets Related Terms

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Bay Banks of Virginia (Bay Banks of Virginia) Business Description

Traded in Other Exchanges
N/A
Address
1801 Bayberry Court, Suite 101, Richmond, VA, USA, 23226
Bay Banks of Virginia Inc is a bank holding company. It serves businesses, professionals, and consumers with a wide variety of financial services, including retail and commercial banking, investment services, and mortgage banking. The company products include checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, individual retirement accounts, commercial and industrial loans, residential mortgages, commercial mortgages, home equity loans, consumer installment loans, insurance, credit cards, online banking, telephone banking, and mobile banking.
Executives
Randal R Greene director, officer: President & CEO
John C Hodges director P. O. BOX 5 WHITE STONE VA 22578
Reynolds Randolph N Jr director 3 PARTRIDGE HILL ROAD, RICHMOND VA 23238
Woolfolk D Kyle Jr director 2340 BEL CREST CIRCLE MIDLOTHIAN VA 23113
Vance H Spilman director 5417 CARY STREET ROAD, RICHMOND VA 23226
James P Vanlandingham director 8817 HALIFAX ROAD PETERSBURG VA 23805
Scott C Frank Iii director, officer: Chairman 528 HICKORY DRIVE, MANAKIN SABOT VA 23103
C. Dwight Clarke director P. O. BOX 1869 KILMARNOCK VA 22482
Elizabeth Hinton Crowther director P. O. BOX 1691, KILMARNOCK VA 22482
Julien G Patterson director P. O. BOX 1869, 100 S. MAIN STREET, KILMARNOCK VA 22482
Farmar Richard A Iii director P O BOX 1181, WARSAW VA 22572
Douglas F Jenkins officer: Vice President P. O. BOX 1869 KILMARNOCK VA 22482
Judy Carol Gavant officer: EVP & CFO ONE JAMES CENTER, 901 EAST CARY STREET, SUITE 1700, RICHMOND VA 23219
Eric F Nost officer: Executive Officer P. O. BOX 689 IRVINGTON VA 22480
Michael Harrison Troutman officer: Executive Vice President P. O. BOX 17310 RICHMOND VA 23226