Madison County Financial (Madison County Financial) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2018)

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What is Madison County 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. Madison County Financial's long-term debt to total assests ratio for the quarter that ended in Dec. 2018 was 0.13.

Madison County Financial's long-term debt to total assets ratio declined from Dec. 2017 (0.14) to Dec. 2018 (0.13). It may suggest that Madison County Financial is progressively becoming less dependent on debt to grow their business.

Madison County Financial LT-Debt-to-Total-Asset Historical Data

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

Madison County Financial Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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0.13

0.12

0.14

0.13

Madison County Financial Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	-	-	-	0.13

Madison County Financial LT-Debt-to-Total-Asset Calculation

Madison County Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	51.6	/	411.293
	=	0.13

Madison County Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (Q: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2018 )	/	Total Assets (Q: Dec. 2018 )
	=	51.6	/	411.293
	=	0.13

Madison County Financial (OTCPK:MCBK) 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.

Madison County Financial LT-Debt-to-Total-Asset Related Terms

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Madison County Financial (Madison County Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Madison County Financial Inc (OTCPK:MCBK) » Definitions » LT-Debt-to-Total-Asset

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Address

111 West Third Street, PO Box 650, Madison, NE, USA, 68748

Website

http://www.madisoncountybank.com

Madison County Financial Inc is a bank holding company. The company is engaged in providing a full range of banking and financial services to individuals and corporate customers in the areas surrounding Madison, Nebraska. It offers deposit accounts, including non-interest-bearing and interest-bearing checking accounts, money market savings accounts, and certificates of deposit. The Bank offers online banking services, including mobile banking, mobile deposit, e-statements and bill pay services. It also offers various loans, including agricultural loans, residential mortgage loans, construction home loans, and consumer loans.

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