SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'ltd2asset' FIZN (First Citizens Bancshares (TN)) LT-Debt-to-Total-Asse
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Citizens Bancshares Inc (TN) (OTCPK:FIZN) » Definitions » LT-Debt-to-Total-Asset

First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) LT-Debt-to-Total-Asset

: 0.01 (As of Dec. 2018)
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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. First Citizens Bancshares (TN)'s long-term debt to total assests ratio for the quarter that ended in Dec. 2018 was 0.01.

First Citizens Bancshares (TN)'s long-term debt to total assets ratio declined from Dec. 2017 (0.03) to Dec. 2018 (0.01). It may suggest that First Citizens Bancshares (TN) is progressively becoming less dependent on debt to grow their business.

First Citizens Bancshares (TN) LT-Debt-to-Total-Asset Historical Data

The historical data trend for First Citizens Bancshares (TN)'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.

* Premium members only.

First Citizens Bancshares (TN) Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
LT-Debt-to-Total-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.03 0.03 0.01

First Citizens Bancshares (TN) Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
LT-Debt-to-Total-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.03 0.01 0.01 0.01 0.01

First Citizens Bancshares (TN) LT-Debt-to-Total-Asset Calculation

First Citizens Bancshares (TN)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )/Total Assets (A: Dec. 2018 )
=319.867/35408.629
=0.01

First Citizens Bancshares (TN)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (Q: Dec. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2018 )/Total Assets (Q: Dec. 2018 )
=319.867/35408.629
=0.01

* 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.

First Citizens Bancshares (TN)  (OTCPK:FIZN) 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.

First Citizens Bancshares (TN) LT-Debt-to-Total-Asset Related Terms

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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Citizens Bancshares Inc (TN) (OTCPK:FIZN) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
4300 Six Forks Road, Raleigh, NC, USA, 27609
Website
https://www.firstcitizens.com
First Citizens Bancshares Inc (TN) is a financial holding company. The bank offers various services such as checking accounts, savings accounts, mobile and tablet banking, digital banking, loans, insurance and other banking services. The company operates its business in four segments, 1) General Banking which offers a full suite of deposit products, loans, cash management, wealth, payments and various other fee-based services., 2) Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services to small and middle market companies, 3) Rail offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers throughout North America and 4) Corporate.

First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Headlines