HBT Financial (HBT Financial) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is HBT Financial 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. HBT Financial's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

HBT Financial's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.02). It may suggest that HBT Financial is progressively becoming less dependent on debt to grow their business.

HBT Financial LT-Debt-to-Total-Asset Historical Data

The historical data trend for HBT Financial'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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HBT Financial LT-Debt-to-Total-Asset Chart

HBT Financial Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.02

0.06

0.02

HBT Financial 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	0.05	0.05	0.02	0.02

HBT Financial LT-Debt-to-Total-Asset Calculation

HBT Financial'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 )
	=	104.886	/	5073.17
	=	0.02

HBT Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	105.023	/	5040.51
	=	0.02

HBT Financial (NAS:HBT) 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.

HBT Financial LT-Debt-to-Total-Asset Related Terms

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HBT Financial (HBT Financial) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 North Hershey Road, Bloomington, IL, USA, 61704

Website

https://ir.hbtfinancial.com

HBT Financial Inc provides a comprehensive suite of business, commercial, wealth management and retail banking products and services to individuals, businesses, and municipal entities throughout Central and Northeastern Illinois and Eastern Iowa. It operates through one reportable segment: community banking.

Executives

Patrick F Busch	director, officer: EVP & Chief Lending Officer	401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Roger A Baker	director	401 NORTH HERSHEY ROAD, BLOOMINGTON IL 61704
Eric E Burwell	director	401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Linda J. Koch	director	401 NORTH HERSHEY ROAD, BLOOMINGTON IL 61704
Peter Robert Chapman	officer: EXECUTIVE VICE PRESIDENT	C/O GREAT WESTERN BANCORP, INC., 100 NORTH PHILLIPS AVE., SIOUX FALLS SD 57104
Fred L Drake	director, 10 percent owner, officer: Chief Executive Officer	401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Diane H Lanier	officer: EVP and Chief Retail Officer	401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Gerald E Pfeiffer	director	401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
James Lance Carter	director, officer: See Remarks	401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Andrea E Zurkamer	officer: SVP & Chief Risk Officer	401 N. HERSEY ROAD, BLOOMINGTON IL 61702
C. Alvin Bowman	director	401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Dale S Strassheim	director	401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Matthew J Doherty	officer: EVP & Chief Financial Officer	401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Lawrence J Horvath	officer: See Remarks	401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Larry J Kallembach	officer: See Remarks	401 N. HERSEY ROAD, BLOOMINGTON IL 61702