Home Bancorp (Home Bancorp) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is Home 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. Home Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Home Bancorp's long-term debt to total assets ratio increased from Dec. 2022 (0.03) to Dec. 2023 (0.03). It may suggest that Home Bancorp is progressively becoming more dependent on debt to grow their business.

Home Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for Home 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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Home Bancorp LT-Debt-to-Total-Asset Chart

Home Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

0.03

Home Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.07

Home Bancorp LT-Debt-to-Total-Asset Calculation

Home 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 )
	=	102.493	/	3320.122
	=	0.03

Home 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 )
	=	102.493	/	3320.122
	=	0.03

Home Bancorp (NAS:HBCP) 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.

Home Bancorp LT-Debt-to-Total-Asset Related Terms

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Home Bancorp (Home Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

503 Kaliste Saloom Road, Lafayette, LA, USA, 70508

Website

https://www.home24bank.com

Home Bancorp Inc is engaged in attracting deposits from the public and using those funds to invest in loans and securities. The principal sources of funds are customer deposits, repayments of loans, repayments of investments and funds borrowed from outside sources such as the Federal Home Loan Bank of Dallas. These funds are primarily used for the origination of loans, including one-to-four-family first mortgage loans, home equity loans, and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans, and consumer loans. Its primary expenses are interest expense on deposits and borrowings and general operating expenses.

Executives

David T. Kirkley	officer: EVP & Chief Financial Officer	503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Chris P Rader	director	503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Donald W Washington	director	503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
John Scott Ballard	director	503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Daniel G Guidry	director	HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Ann Forte Trappey	director	503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Michael P. Maraist	director	HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70598
Jason Freyou	officer: EVP/Chief Operations Officer	503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Joseph B Zanco	officer: Executive Vice President & CFO	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
John W. Bordelon	director, officer: President and CEO	HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Darren E. Guidry	officer: Executive Vice President	HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Blanchet Paul J. Iii	director	HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Kathy J Bobbs	director	503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Mark M Cole	director	HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Marc W Judice	director	HOME BANCORP INC, 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70598