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Surrey Bancorp (Surrey Bancorp) Liabilities-to-Assets : 0.85 (As of Dec. 2018)


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What is Surrey 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. Surrey Bancorp's Total Liabilities for the quarter that ended in Dec. 2018 was $264.00 Mil. Surrey Bancorp's Total Assets for the quarter that ended in Dec. 2018 was $309.15 Mil. Therefore, Surrey Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2018 was 0.85.


Surrey Bancorp Liabilities-to-Assets Historical Data

The historical data trend for Surrey 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.

Surrey Bancorp Liabilities-to-Assets Chart

Surrey Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.85 0.85 0.86 0.85

Surrey Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.86 0.86 0.86 0.86 0.85

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

For the Banks - Regional subindustry, Surrey 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.


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

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

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



Surrey 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.

Surrey Bancorp's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

Liabilities-to-Assets (A: Dec. 2018 )=Total Liabilities/Total Assets
=264/309.15
=0.85

Surrey Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2018 is calculated as

Liabilities-to-Assets (Q: Dec. 2018 )=Total Liabilities/Total Assets
=264/309.15
=0.85

* 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.


Surrey Bancorp  (OTCPK:SRYB) 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.


Surrey Bancorp Liabilities-to-Assets Related Terms

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Surrey Bancorp (Surrey Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
145 North Renfro Street, Mount Airy, NC, USA, 27030
Surrey Bancorp is engaged in offering comprehensive individual and corporate financial services. The Bank serves Surry County, North Carolina and Patrick County, Virginia and surrounding areas through six banking offices. Its services include demand and time deposits as well as commercial, installment, mortgage and other consumer lending services, insurance and investment services.