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Elmer Bancorp (Elmer Bancorp) Liabilities-to-Assets : 0.92 (As of Dec. 2007)


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What is Elmer Bancorp 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. Elmer Bancorp's Total Liabilities for the quarter that ended in Dec. 2007 was $194.43 Mil. Elmer Bancorp's Total Assets for the quarter that ended in Dec. 2007 was $212.27 Mil. Therefore, Elmer Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2007 was 0.92.


Elmer Bancorp Liabilities-to-Assets Historical Data

The historical data trend for Elmer Bancorp'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.

Elmer Bancorp Liabilities-to-Assets Chart

Elmer Bancorp Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Liabilities-to-Assets
0.91 0.92 0.91 0.92 0.92

Elmer Bancorp Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
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 0.92 0.92 0.92 0.92 0.92

Competitive Comparison of Elmer Bancorp's Liabilities-to-Assets

For the Banks - Regional subindustry, Elmer Bancorp'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.


Elmer Bancorp's Liabilities-to-Assets Distribution in the Banks Industry

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

* The bar in red indicates where Elmer Bancorp's Liabilities-to-Assets falls into.



Elmer Bancorp 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.

Elmer Bancorp's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2007 is calculated as:

Liabilities-to-Assets (A: Dec. 2007 )=Total Liabilities/Total Assets
=194.431/212.265
=0.92

Elmer Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2007 is calculated as

Liabilities-to-Assets (Q: Dec. 2007 )=Total Liabilities/Total Assets
=194.431/212.265
=0.92

* 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.


Elmer Bancorp  (OTCPK:ELMA) 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.


Elmer Bancorp Liabilities-to-Assets Related Terms

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Elmer Bancorp (Elmer Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
10 South Main Street, P. O. Box 980, Elmer, NJ, USA, 08318
Elmer Bancorp Inc is a bank holding company incorporated in the State of New Jersey. Its First National Bank of Elmer (the Bank) operates under a national bank charter and provides a complete line of business and personal banking products. The Bank operates through its six full-service offices located in Cumberland, Gloucester and Salem counties in New Jersey. The majority of the Bank's activities are with customers located within Southern New Jersey.

Elmer Bancorp (Elmer Bancorp) Headlines