Cornerstone Financial (Cornerstone Financial) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2012)

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What is Cornerstone Financial 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. Cornerstone Financial's long-term debt to total assests ratio for the quarter that ended in Mar. 2012 was 0.03.

Cornerstone Financial's long-term debt to total assets ratio declined from Mar. 2011 (0.08) to Mar. 2012 (0.03). It may suggest that Cornerstone Financial is progressively becoming less dependent on debt to grow their business.

Cornerstone Financial LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cornerstone Financial'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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Cornerstone Financial LT-Debt-to-Total-Asset Chart

Cornerstone Financial Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

LT-Debt-to-Total-Asset

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0.06

0.12

0.11

0.08

0.07

Cornerstone Financial Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.08	0.07	0.07	0.03

Cornerstone Financial LT-Debt-to-Total-Asset Calculation

Cornerstone Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (A: Dec. 2011 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2011 )	/	Total Assets (A: Dec. 2011 )
	=	28	/	383.785
	=	0.07

Cornerstone Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2012 is calculated as

LT Debt to Total Assets (Q: Mar. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2012 )	/	Total Assets (Q: Mar. 2012 )
	=	13	/	383.184
	=	0.03

Cornerstone Financial (OTCPK:CFIC) 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.

Cornerstone Financial LT-Debt-to-Total-Asset Related Terms

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Cornerstone Financial (Cornerstone Financial) Business Description

Industry

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Address

6000 Midlantic Drive, Suite 120S, Mount Laurel, NJ, USA, 08054

Website

http://www.cornerstonebanknj.com

Cornerstone Financial Corp provides a range of lending, deposit, and financial products. It emphasizes commercial real estate and commercial lending to small businesses and professionals. It offers savings, business lending, mobile banking, online banking, and other services.

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