Great American Bancorp (Great American Bancorp) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2007)

View and export this data going back to 1995. Start your Free Trial

What is Great American 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. Great American Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2007 was 0.10.

Great American Bancorp's long-term debt to total assets ratio increased from Dec. 2006 (0.09) to Dec. 2007 (0.10). It may suggest that Great American Bancorp is progressively becoming more dependent on debt to grow their business.

Great American Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for Great American 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.

* Premium members only.

Great American Bancorp LT-Debt-to-Total-Asset Chart

Great American Bancorp Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.11

0.09

0.10

Great American Bancorp Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.09	0.10	0.10

Great American Bancorp LT-Debt-to-Total-Asset Calculation

Great American Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )	/	Total Assets (A: Dec. 2007 )
	=	14	/	144.25
	=	0.10

Great American Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (Q: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2007 )	/	Total Assets (Q: Dec. 2007 )
	=	14	/	144.25
	=	0.10

Great American Bancorp (OTCPK:GTPS) 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.

Great American Bancorp LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Great American Bancorp's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Great American Bancorp (Great American Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Great American Bancorp Inc (OTCPK:GTPS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1311 South Neil Street, Champaign, IL, USA, 61820

Website

https://www.greatamericanbancorp.com

Great American Bancorp Inc is a holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, First Federal Savings Bank of Champaign-Urbana (Bank). The Bank is engaged in providing a full range of banking and financial services to individual and corporate customers in Champaign County, Illinois. The Bank also provides full-service brokerage activities through a third-party broker-dealer and engages in the sale of tax-deferred annuities. The Bank's subsidiary offers insurance services to customers located primarily in Illinois.

Great American Bancorp (Great American Bancorp) Headlines

No Headlines