Canadian Western Bank (Canadian Western Bank) LT-Debt-to-Total-Asset : 0.17 (As of Jan. 2024)

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What is Canadian Western Bank 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. Canadian Western Bank's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.17.

Canadian Western Bank's long-term debt to total assets ratio declined from Jan. 2023 (0.19) to Jan. 2024 (0.17). It may suggest that Canadian Western Bank is progressively becoming less dependent on debt to grow their business.

Canadian Western Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Canadian Western Bank'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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Canadian Western Bank LT-Debt-to-Total-Asset Chart

Canadian Western Bank Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

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0.18

0.20

0.19

0.17

Canadian Western Bank Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.18	0.18	0.17	0.17

Canadian Western Bank LT-Debt-to-Total-Asset Calculation

Canadian Western Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	5344.886	/	30863.552
	=	0.17

Canadian Western Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	5317.391	/	31807.251
	=	0.17

Canadian Western Bank (OTCPK:CBWBF) 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.

Canadian Western Bank LT-Debt-to-Total-Asset Related Terms

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Canadian Western Bank (Canadian Western Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Western Bank (OTCPK:CBWBF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

C7W:Germany CWB.PR.D.PFD:Canada CWB.PR.B.PFD:Canada CWB:Canada

Address

10303 Jasper Avenue, Suite 3000, Edmonton, AB, CAN, T5J 3X6

Website

https://www.cwb.com

Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products. Canadian Western Trust is engaged in retirement, trustee, and custodial solutions for financial advisors, corporations, and individuals. The company receives maximum revenue from interest income.

Canadian Western Bank (Canadian Western Bank) Headlines

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