Malaga Financial (Malaga Financial) LT-Debt-to-Total-Asset : 0.37 (As of Sep. 2007)

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What is Malaga 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. Malaga Financial's long-term debt to total assests ratio for the quarter that ended in Sep. 2007 was 0.37.

Malaga Financial's long-term debt to total assets ratio declined from Sep. 2006 (0.40) to Sep. 2007 (0.37). It may suggest that Malaga Financial is progressively becoming less dependent on debt to grow their business.

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

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

Malaga Financial Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

LT-Debt-to-Total-Asset

0.28

0.35

0.33

0.36

0.38

Malaga Financial Quarterly Data
	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.38	0.36	0.37	0.37

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

Malaga Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

LT Debt to Total Assets (A: Dec. 2006 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2006 )	/	Total Assets (A: Dec. 2006 )
	=	251.037	/	669.742
	=	0.37

Malaga Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2007 is calculated as

LT Debt to Total Assets (Q: Sep. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2007 )	/	Total Assets (Q: Sep. 2007 )
	=	262.996	/	705.445
	=	0.37

Malaga Financial (OTCPK:MLGF) 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.

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

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Malaga Financial (Malaga Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Malaga Financial Corp (OTCPK:MLGF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2514 Via Tejon, Palos Verdes Estates, CA, USA, 90274

Website

https://www.malagabank.com

Malaga Financial Corp is a full-service community bank. It bank is a real estate lender concentrating on financing apartments, construction projects, and single-family residences. Its operations are related to traditional banking activities, including the acceptance of deposits and the lending and investing of money. Its customers consist of individuals and small-to-midsize businesses located in the Palos Verdes Peninsula and adjoining areas of Los Angeles and Orange Counties, California.