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Ocean Shore Holding Co (Ocean Shore Holding Co) Liabilities-to-Assets : 0.89 (As of Sep. 2016)


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What is Ocean Shore Holding Co 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. Ocean Shore Holding Co's Total Liabilities for the quarter that ended in Sep. 2016 was $978.63 Mil. Ocean Shore Holding Co's Total Assets for the quarter that ended in Sep. 2016 was $1,096.88 Mil. Therefore, Ocean Shore Holding Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2016 was 0.89.


Ocean Shore Holding Co Liabilities-to-Assets Historical Data

The historical data trend for Ocean Shore Holding Co'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.

Ocean Shore Holding Co Liabilities-to-Assets Chart

Ocean Shore Holding Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.90 0.90 0.90 0.89

Ocean Shore Holding Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.90 0.89 0.89 0.89 0.89

Competitive Comparison of Ocean Shore Holding Co's Liabilities-to-Assets

For the Banks - Regional subindustry, Ocean Shore Holding Co'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.


Ocean Shore Holding Co's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ocean Shore Holding Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Ocean Shore Holding Co's Liabilities-to-Assets falls into.



Ocean Shore Holding Co 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.

Ocean Shore Holding Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Liabilities-to-Assets (A: Dec. 2015 )=Total Liabilities/Total Assets
=931.59/1043.379
=0.89

Ocean Shore Holding Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2016 is calculated as

Liabilities-to-Assets (Q: Sep. 2016 )=Total Liabilities/Total Assets
=978.634/1096.875
=0.89

* 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.


Ocean Shore Holding Co  (NAS:OSHC) 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.


Ocean Shore Holding Co Liabilities-to-Assets Related Terms

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Ocean Shore Holding Co (Ocean Shore Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
Ocean Shore Holding Co was established in 1887. It is the holding company for Ocean City Home Bank. The Company is engaged in the business of directing, planning, and coordinating the business activities of the Bank. Ocean City Home Bank is a federally chartered savings bank. It operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area. It attracts deposits from the general public, small businesses and municipalities and uses those funds to originate a variety of consumer and commercial loans, which the Company holds for investment. Its lending activities include One- to Four-Family Residential Loans; Commercial and Multi-Family; Construction Loans; Commercial Loans; and Consumer Loans. It has legal authority to invest in various types of liquid assets, including U.S. Treasury obligations, securities of various federal agencies and of state and municipal governments, mortgage-backed securities and certificates of deposit of federally insured institutions. Its products include residential mortgage loans, commercial loans and mortgages, and home equity and other consumer loans. The Company competes with insurance companies, securities companies and specialty finance companies such as Bank of America, PNC Bank, Wells Fargo & Company, and TD Bank.
Executives
Samuel Young director C/O OCEAN SHORE HOLDING CO, 1001 ASBURY AVENUE, OCEAN CITY NJ 08226
Steven E Brady director, officer: Pres. & Chief Exec. Officer C/O OCEAN SHORE HOLDING CO, 1001 ASBURY AVENUE, OCEAN CITY NJ 08226
Dorothy Mccrosson director 1001 ASBURY AVENUE, OCEAN CITY NJ 08226

Ocean Shore Holding Co (Ocean Shore Holding Co) Headlines