Merchants Bancshares (Merchants Bancshares) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2017)

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What is Merchants Bancshares 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. Merchants Bancshares's long-term debt to total assests ratio for the quarter that ended in Mar. 2017 was 0.01.

Merchants Bancshares's long-term debt to total assets ratio declined from Mar. 2016 (0.01) to Mar. 2017 (0.01). It may suggest that Merchants Bancshares is progressively becoming less dependent on debt to grow their business.

Merchants Bancshares LT-Debt-to-Total-Asset Historical Data

The historical data trend for Merchants Bancshares'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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Merchants Bancshares LT-Debt-to-Total-Asset Chart

Merchants Bancshares Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

LT-Debt-to-Total-Asset

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0.01

Merchants Bancshares Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Merchants Bancshares LT-Debt-to-Total-Asset Calculation

Merchants Bancshares's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )	/	Total Assets (A: Dec. 2016 )
	=	24.27	/	2062.658
	=	0.01

Merchants Bancshares's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (Q: Mar. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2017 )	/	Total Assets (Q: Mar. 2017 )
	=	24.249	/	2023.544
	=	0.01

Merchants Bancshares (NAS:MBVT) 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.

Merchants Bancshares LT-Debt-to-Total-Asset Related Terms

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Merchants Bancshares (Merchants Bancshares) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mbvt.com

Merchants Bancshares Inc is a bank holding company organized under Vermont law in 1983. Merchants Bank, the Company's primary subsidiary, is a Vermont commercial bank with 32 full-service banking offices located throughout the state of Vermont. The Company, through its subsidiary, offers a full range of deposit, loan, cash management, and trust services to meet the financial needs of individual consumers, businesses and municipalities at 32 full-service banking offices throughout the state of Vermont. Its trust division offers investment management, financial planning and trustee services. The Company competes in Vermont for deposit and loan business not only with other commercial and savings banks, and savings and loan associations, but also with credit unions and other non-bank financial providers. It is subject to extensive regulation and supervision, including, in many cases, regulation that limits the type and scope of its activities.

Executives

Jeffrey L Davis	director	275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
Pecor Raymond C Iii	director	1 KING STREET DOCK, BURLINGTON VT 05401
Richard M Donovan	officer: Interim PAO, PFO and Treasurer	C/O FIRST SEACOAST BANCORP, 633 CENTRAL AVENUE, DOVER NH 03820
Bruce M Lisman	director	C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Eric Andrew Segal	officer: Interim PAO, PFO and Treasurer	6489 DEERFIELD DRIVE, NEW HOPE PA 18938
Thomas J. Meshako	officer: Treasurer and CFO	MERCHANTS BANK, P.O. BOX 1009, BURLINGTON VT 05402
John A Kane	director	C/O MERCHANTS BANCSHARES, INC., 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
F Sheldon Prentice	officer: Senior Vice President	C/O NBT BANCORP, 52 BROAD STREET, NORWICH NY 13815
Charles A Davis	director	1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029

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