Howard Bancorp (Howard Bancorp) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2021)

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What is Howard 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. Howard Bancorp's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.10.

Howard Bancorp's long-term debt to total assets ratio increased from Sep. 2020 (0.09) to Sep. 2021 (0.10). It may suggest that Howard Bancorp is progressively becoming more dependent on debt to grow their business.

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

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

Howard Bancorp Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.02

0.06

0.04

0.10

Howard Bancorp Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.10	0.10	0.09	0.10

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

Howard Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	242.704	/	2537.991
	=	0.10

Howard Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )	/	Total Assets (Q: Sep. 2021 )
	=	240.739	/	2527.258
	=	0.10

Howard Bancorp (NAS:HBMD) 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.

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

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Howard Bancorp (Howard Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

3301 Boston Street, Baltimore, MD, USA, 21224

Website

http://www.howardbank.com

Howard Bancorp Inc is a diversified financial services company. The company segmented its operating activities into one reportable segment, Community Banking. It provides commercial banking, mortgage banking, and consumer finance through banking branches, the internet and other distribution channels to businesses, business owners, professionals and other consumers located primarily in the Greater Baltimore Metropolitan Area. The company's primary market focus is on making loans to and gathering deposits from small and medium-sized businesses, professionals and high-net-worth individuals.

Executives

Donna Hill Staton	director	3301 BOSTON STREET BALTIMORE MD 21224
Kunisch Robert D Jr.	director, officer: President	611 UNIVERSITY BOULEVARD SUITE 370 ELLICOTT CITY MD 21043
Jack E Steil	director	6011 UNIVERSITY BOULEVARD SUITE 370 ELLICOTT CITY MD 21043
Turner Frank K Jr	officer: EVP-Chief Commercial Banking
Charles E. Schwabe	officer: EVP-CRO	3301 BOSTON STREET BALTIMORE MD 21224
Mary Ann Scully	director, officer: Chairman/CEO	3301 BOSTON STREET, BALTIMORE MD 21224
Thomas Randy Jones	officer: EVP-CLO	3301 BOSTON STREET BALTIMORE MD 21224
Steven Poynot	officer: EVP-CIO	3301 BOSTON STREET BALTIMORE MD 21224
Carpenter Robert L Jr	officer: EVP/CFO	3301 BOSTON STREET BALTIMORE MD 21224
Smith Robert W. Jr.	director	6011 UNIVERSITY BLVD. SUITE 370 ELLICOTT CITY MD 21043
Kenneth C. Lundeen	director	3301 BOSTON STREET BALTIMORE MD 21224
John J. Keenan	director	3301 BOSTON STREET BALTIMORE MD 21224
Howard Feinglass	director	6011 UNIVERSITY BOULEVARD, SUITE 370, ELLICOTT CITY MD 21043
Dresher James T Jr.	director	6011 UNIVERSITY BOULEVARD SUITE 370 ELLICOTT CITY MD 21043
William Gary Dorsch	director	6011 UNIVERSITY BOULEVARD SUITE 370 ELLICOTT CITY MD 21043