Citizens Community Bancorp (Citizens Community Bancorp) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

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What is Citizens Community Bancorp 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. Citizens Community Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

Citizens Community Bancorp's long-term debt to total assets ratio declined from Dec. 2022 (0.12) to Dec. 2023 (0.08). It may suggest that Citizens Community Bancorp is progressively becoming less dependent on debt to grow their business.

Citizens Community Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for Citizens Community Bancorp'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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Citizens Community Bancorp LT-Debt-to-Total-Asset Chart

Citizens Community Bancorp Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.10

0.12

0.08

Citizens Community Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.10	0.10	0.08

Citizens Community Bancorp LT-Debt-to-Total-Asset Calculation

Citizens Community Bancorp'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 )
	=	146.995	/	1851.391
	=	0.08

Citizens Community Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	146.995	/	1851.391
	=	0.08

Citizens Community Bancorp (NAS:CZWI) 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.

Citizens Community Bancorp LT-Debt-to-Total-Asset Related Terms

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Citizens Community Bancorp (Citizens Community Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Community Bancorp Inc (NAS:CZWI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2174 EastRidge Center, Eau Claire, WI, USA, 54701

Website

https://www.ccf.us

Citizens Community Bancorp Inc is a bank holding company that offers traditional community banking services to businesses, Agricultural operators, and consumers, including one-to-four-family residential mortgages. it also offers a variety of loan products including commercial real estate loans, commercial and industrial (C&I) loans, agricultural real estate loans, agricultural operating loans, residential mortgages, home equity lines-of-credit, and consumer loans and offers deposit products through its branches, including demand deposits, various savings and money-market accounts and certificates of deposit. The company's sources of funds are deposits; amortization, prepayments, and maturities of outstanding loans; other short- term investments; and funds provided from operations.

Executives

Stephen M Bianchi	officer: CEO and President	225 S. MAIN AVENUE, SIOUX FALLS SD 57104
Kristina M Bourget	director	1703 PINE PARK DRIVE, EAU CLAIRE WI 54701
Kathleen Skarvan	other: Director of Subsidiary	40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
James S Broucek	officer: Chief Financial Officer
Timothy L Olson	director	2727 PINE VIEW ROAD, EAU CLAIRE WI 54703
James D Moll	director	400 9TH AVE SW, WELLS MN 56097
Francis E Felber	director	754 OAK ST, BARRON WI 54812
William Glen Bertrand	other: Director of Subsidiary	E3420 N PINECREEK ROAD, ELEVA WI 54738
Richard Mchugh	director, other: Chairman	C/O CITIZENS COMMUNITY BANCORP, 2174 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Nicholas William Amundsen	other: Director of Subsidiary	S4443 RYGG ROAD, EAU CLAIRE WI 54701
Martin S. Friedman	10 percent owner	7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
James R Lang	director	2194 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Michael R Conner	other: Director of Subsidiary	1124 CUMMINGS COURT, EAU CLAIRE WI 54701
Brian R Schilling	director	C/O CITIZENS COMMUNITY BANCORP, 2174 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Michael L Swenson	director	1414 WEST HAMILTON AVE., STE 3, EAU CLAIRE WI 54701