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Camden National (Camden National) Liabilities-to-Assets : 0.91 (As of Dec. 2023)


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What is Camden National 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. Camden National's Total Liabilities for the quarter that ended in Dec. 2023 was $5,219.4 Mil. Camden National's Total Assets for the quarter that ended in Dec. 2023 was $5,714.5 Mil. Therefore, Camden National's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.91.


Camden National Liabilities-to-Assets Historical Data

The historical data trend for Camden National'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.

Camden National Liabilities-to-Assets Chart

Camden National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.89 0.90 0.92 0.91

Camden National Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.92 0.92 0.92 0.92 0.91

Competitive Comparison of Camden National's Liabilities-to-Assets

For the Banks - Regional subindustry, Camden National'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.


Camden National's Liabilities-to-Assets Distribution in the Banks Industry

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

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



Camden National 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.

Camden National's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=5219.442/5714.506
=0.91

Camden National's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=5219.442/5714.506
=0.91

* 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.


Camden National  (NAS:CAC) 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.


Camden National Liabilities-to-Assets Related Terms

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Camden National (Camden National) Business Description

Traded in Other Exchanges
Address
2 Elm Street, Camden, ME, USA, 04843
Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services. In addition, it offers various other services which include lending to dentists, optometrists and veterinarians across the United States.
Executives
David Ackley officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
David C Flanagan director 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Robert D Merrill director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Rebecca Hatfield director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Renee Smyth officer: EVP 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Carl John Soderberg director 2 ELM STREET, POB 310, CAMDEN ME 04843
Craig N Denekas director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Marie J Mccarthy director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Lawrence J Sterrs director 2 ELM ST, POB 310, CAMDEN ME 04843
Gregory A Dufour director, officer: CEO
Michael R Archer officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Patricia A Rose officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Ryan A Smith officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Heather D Robinson officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
S. Catherine Longley director 2 ELM STREET, CAMDEN ME 04843