NASB Financial (NASB Financial) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

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What is NASB 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. NASB Financial's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

NASB Financial's long-term debt to total assets ratio increased from Dec. 2022 (0.19) to Dec. 2023 (0.23). It may suggest that NASB Financial is progressively becoming more dependent on debt to grow their business.

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

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

NASB Financial Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.18

0.15

0.24

0.27

0.21

NASB Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.23	0.21	0.21	0.23

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

NASB Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	600.793	/	2814.082
	=	0.21

NASB Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	627.401	/	2752.294
	=	0.23

NASB Financial (OTCPK:NASB) 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.

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

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NASB Financial (NASB Financial) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

12498 South 71 Highway, Grandview, MO, USA, 64030

Website

https://www.nasb.com

NASB Financial Inc is a federally chartered stock savings bank, whose business is to attract deposits from the general public and to originate real estate loans, other loans, and short-term investments. It has a portfolio of mortgage loans that are secured by multifamily, construction, development, and commercial real estate properties. Its sources of income include interest on loans, interest on MBS, interest on investment securities, customer service fees, and mortgage banking fees.

Executives

Frederick V Arbanas	director	3350 SOUTHWEST HOOK ROAD, LEE'S SUMMIT MO 64082
David H Hancock	director, 10 percent owner, officer: Chairman and CEO	12498 S 71 HIGHWAY, GRANDVIEW MO 64030
Linda S Hancock	director	5049 WORNALL RD 5EF, KANSAS CITY MO 64112
Wagers Thomas B Sr	officer: Vice President	6444 SUMMIT STREET, KANSAS CITY MO 64113
John M Nesselrode	officer: Vice President	22004 W 52ND, SHAWNEE KS 66226
Braman Michael P Jr	officer: Vice President	14074 S BLACKFOOT COURT, OLATHE KS 66062
Dena K Sanders	officer: Vice President	7401 WARD PARKWAY, KANSAS CITY MO 64114
Derek A Bridges	officer: Vice President	3607 W 156TH TERRACE, OVERLAND PARK KS 66224
Barrett Brady	director	411 W 46TH TERRACE, APT 503, KANSAS CITY MO 64112
Laura Brady	director	4949 WORNALL ROAD #300, KANSAS CITY MO 64112
Michael G Anderson	officer: Vice President	14321 MELROSE STREET, OVERLAND PARK KS 66221
Russell W Welsh	director	644 N MEYER BLVD, KANSAS CITY MO 64113
Jim A Watson	director, officer: Vice President	19 WEST 70TH STREET, KANSAS CITY MO 64113
Fletcher M Lamkin	director	501 WESTMINSTER AVE., FULTON MO 65251
Wade M Hall	officer: Vice President	14300 CONNELL ST, OVERLAND PARK KS 66021