Bridgewater Bancshares (Bridgewater Bancshares) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Bridgewater Bancshares LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Bridgewater Bancshares's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Bridgewater Bancshares's long-term debt to total assets ratio increased from Mar. 2023 (0.06) to Mar. 2024 (0.09). It may suggest that Bridgewater Bancshares is progressively becoming more dependent on debt to grow their business.

Bridgewater Bancshares LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bridgewater Bancshares's LT-Debt-to-Total-Asset 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.

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Bridgewater Bancshares LT-Debt-to-Total-Asset Chart

Bridgewater Bancshares Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.05

0.04

0.09

Bridgewater Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.08	0.09	0.09	0.09

Bridgewater Bancshares LT-Debt-to-Total-Asset Calculation

Bridgewater Bancshares's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	412.538	/	4611.99
	=	0.09

Bridgewater Bancshares's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	410.133	/	4723.109
	=	0.09

Bridgewater Bancshares (NAS:BWB) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Bridgewater Bancshares LT-Debt-to-Total-Asset Related Terms

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Bridgewater Bancshares (Bridgewater Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bridgewater Bancshares Inc (NAS:BWB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

1WA:Germany

Address

4450 Excelsior Boulevard, Suite 100, St. Louis Park, MN, USA, 55416

Website

https://www.bridgewaterbankmn.com

Bridgewater Bancshares Inc offers retail and commercial loan and deposit services to customers within the Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area. The company engages in providing a wide range of deposit and lending products. Its products and services include commercial deposits, loans, online business services, credit cards, mobile banking, and remote deposit services.

Executives

Mary Jayne Crocker	officer: EVP & Chief Operating Officer	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Joseph M. Chybowski	officer: SVP & Chief Financial Officer	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Lisa Brezonik	director	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Nicholas L. Place	officer: SVP & Chief Lending Officer	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Jerry J. Baack	director, officer: President & CEO	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Mohammed Lawal	director	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Todd B. Urness	director	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Douglas J. Parish	director	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Lisa M Salazar	officer: SVP Deposit Svcs/Emerging Prod	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Mark E. Hokanson	officer: Chief Technology Officer	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
David B. Juran	director	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
James S. Johnson	director	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Thomas P. Trutna	director	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Jeffrey D. Shellberg	director, officer: EVP and Chief Credit Officer	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
David J. Volk	director	4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416