Old National Bancorp (Old National Bancorp) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2023)

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What is Old National Bancorp 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. Old National Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.10.

Old National Bancorp's long-term debt to total assets ratio increased from Dec. 2022 (0.10) to Dec. 2023 (0.10). It may suggest that Old National Bancorp is progressively becoming more dependent on debt to grow their business.

Old National Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for Old National Bancorp'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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Old National Bancorp LT-Debt-to-Total-Asset Chart

Old National Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.10

0.09

0.10

Old National Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.12	0.11	0.10	0.10

Old National Bancorp LT-Debt-to-Total-Asset Calculation

Old National Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	5045.551	/	49089.836
	=	0.10

Old National Bancorp'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 )
	=	5045.551	/	49089.836
	=	0.10

Old National Bancorp (NAS:ONB) 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.

Old National Bancorp LT-Debt-to-Total-Asset Related Terms

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Old National Bancorp (Old National Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Old National Bancorp (NAS:ONB) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ONBPP.PFD:USA

Address

One Main Street, Evansville, IN, USA, 47708

Website

https://www.oldnational.com

Old National Bancorp with almost $10 billion in assets following its latest acquisition, Old National Bancorp is a financial services bank holding company headquartered in Indiana. Based in Evansville, Ind., Old National owns multiple financial services operations in Indiana, Illinois, and Kentucky. The company provides a group of similar community banking services, including such products and services as commercial, real estate, and consumer loans; deposits; and brokerage, trust, and investment advisory services.

Executives

Michael L Scudder	director, officer: Executive Chairman	300 PARK BLVD, SUITE 405, ITASCA IL 60143
Ryan James C Iii	officer: SENIOR VP & TREASURER	ONE MAIN STREET, EVANSVILLE IN 47708
Kathryn Hayley	director	C/O AON CORPORATION, LAW DEPT, 200 EAST RANDOLPH STREET, 8TH FLOOR, CHICAGO IL 60601
Thomas Lynn Brown	director	8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Peter J Henseler	director	C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Ellen A Rudnick	director	5807 SOUTH WOODLAWN AVENUE, MP POLSKY CENTER FOR ENTREPRENEURSHIP, CHICAGO IL 60637
Mark G Sander	officer: President and COO	1200 HANSEN ROAD, GREEN BAY WI 54304
Angela L Putnam	officer: CAO and Corporate Controller	ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Nicholas J Chulos	officer: Chief Legal Officer & Corp Sec	ONE PIERCE PLACE, SUITE, ITASCA IL 60143
Chady M. Alahmar	officer: CEO, Wealth Management	ONE MAIN STREET, EVANSVILLE IN 47708
Barbara A Boigegrain	director	ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Michael Small	director	C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719
Van Arsdell Stephen C	director	ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Austin M Ramirez	director	ONE MAIN STREET, EVANSVILLE IN 47708
Ryan C Kitchell	director	ONE MAIN STREET, EVANSVILLE IN 47708