HFB Financial (HFB Financial) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2003)

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What is HFB 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. HFB Financial's long-term debt to total assests ratio for the quarter that ended in Sep. 2003 was 0.11.

HFB Financial's long-term debt to total assets ratio increased from Sep. 2002 (0.10) to Sep. 2003 (0.11). It may suggest that HFB Financial is progressively becoming more dependent on debt to grow their business.

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

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

HFB Financial Annual Data

Trend

Jun96

Jun97

Jun98

Jun99

Jun00

Jun01

Jun02

LT-Debt-to-Total-Asset

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0.04

0.06

0.07

0.06

0.08

HFB Financial Quarterly Data
	Jun96	Jun97	Jun98	Jun99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.11	0.11	0.11	0.11

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

HFB Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2002 is calculated as

LT Debt to Total Assets (A: Jun. 2002 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2002 )	/	Total Assets (A: Jun. 2002 )
	=	20.726	/	246.164
	=	0.08

HFB Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2003 is calculated as

LT Debt to Total Assets (Q: Sep. 2003 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2003 )	/	Total Assets (Q: Sep. 2003 )
	=	28.927	/	256.689
	=	0.11

HFB Financial (OTCPK:HFBA) 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.

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

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HFB Financial (HFB Financial) Business Description

Industry

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Traded in Other Exchanges

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Address

1602 Cumberland Avenue, Middlesboro, KY, USA, 40965-1225

Website

https://www.hearthsidebank.com

HFB Financial Corp is a United States based company engaged in providing banking and financial services. The company offers checking accounts, saving accounts, money market accounts, certificates of deposit, health savings accounts, individual retirement accounts, overdrafts, and card facilities Further, it also offers loans, online banking, investment, and insurance-related services.

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