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Oak View National Bank Warrenton VA (Oak View National Bank Warrenton VA) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2019)


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What is Oak View National Bank Warrenton VA 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. Oak View National Bank Warrenton VA's long-term debt to total assests ratio for the quarter that ended in Dec. 2019 was 0.11.

Oak View National Bank Warrenton VA's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2019 (0.11). It may suggest that Oak View National Bank Warrenton VA is progressively becoming more dependent on debt to grow their business.


Oak View National Bank Warrenton VA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oak View National Bank Warrenton VA'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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Oak View National Bank Warrenton VA LT-Debt-to-Total-Asset Chart

Oak View National Bank Warrenton VA Annual Data
Trend Dec18 Dec19
LT-Debt-to-Total-Asset
0.10 0.11

Oak View National Bank Warrenton VA Semi-Annual Data
Dec18 Dec19
LT-Debt-to-Total-Asset 0.10 0.11

Oak View National Bank Warrenton VA LT-Debt-to-Total-Asset Calculation

Oak View National Bank Warrenton VA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )/Total Assets (A: Dec. 2019 )
=29.8/263.735
=0.11

Oak View National Bank Warrenton VA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (Q: Dec. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2019 )/Total Assets (Q: Dec. 2019 )
=29.8/263.735
=0.11

* 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.


Oak View National Bank Warrenton VA  (OTCPK:OAKV) 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.


Oak View National Bank Warrenton VA LT-Debt-to-Total-Asset Related Terms

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Oak View National Bank Warrenton VA (Oak View National Bank Warrenton VA) Business Description

Traded in Other Exchanges
N/A
Address
128 Broadview Avenue, Warrenton, VA, USA, 20186
Oak View National Bank Warrenton VA operates as a national banking association to engage in a general banking business serving the communities in and around Marshall and Warrenton, Virginia. The company offers community banking services to small businesses, professionals and non-profit organizations. It also offers expansive digital channels and mortgage products for residential, commercial and farm purposes.