Peoples Financial (Peoples Financial) LT-Debt-to-Total-Asset

: 0.02 (As of Dec. 2023)

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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. Peoples Financial's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Peoples Financial's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.02). It may suggest that Peoples Financial is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Peoples 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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Peoples Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.02

Peoples 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																-	-	-	-	0.02

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

Peoples Financial'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 )
	=	18.5	/	797.738
	=	0.02

Peoples 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 )
	=	18.5	/	797.738
	=	0.02

Peoples Financial (OTCPK:PFBX) 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.

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

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Peoples Financial (Peoples Financial) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lameuse and Howard Avenues, Biloxi, MS, USA, 39533

Website

https://www.thepeoples.com

Peoples Financial Corp is a bank holding company that provides banking, financial and trust services to individuals, small and commercial businesses operating in Mississippi, Louisiana, and Alabama. The bank's lending services include business, commercial, real estate, construction, personal and installment loans; and deposit services include interest-bearing, non-interest-bearing checking accounts, savings accounts, certificates of deposit, and individual retirement accounts. It also offers safe deposit box rental, collection services, cash management, and internet banking.

Executives

Joseph Stilwell	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Chevis Swetman	director, 10 percent owner, officer: President/CEO	P.O. BOX 1416, BILOXI MS 39533-1416
Padrick D Dennis	director	12473 PRESERVATION DRIVE, GULFPORT MS 39503-7062
Rodney H Blackwell	other: See Explanation of Responses	P.O. BOX 18439, HATTIESBURG MS 39404
Stilwell Activist Investments, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Llc	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Katherine Paige Riley	director	920 WASHINGTON AVENUE, OCEAN SPRINGS MS 39564
Sliman George J Iii	director	723 HOWARD AVENUE, BILOXI MS 39530-4305
Ronald G Barnes	director	10600 JORDAN RD, VANCLEAVE MS 39565
Andrew T Swetman	10 percent owner, officer: Senior Vice President	152 LAMEUSE STREET, BILOXI MS 39530
Brian J Kozlowski	officer: Senior Vice President	155 LAMEUSE STREET, BILOXI MS 39530
James J Gruich	officer: Senior Vice President	7113 WAYNE LANE, BILOXI MS 39532-9361
Lauri A Wood	officer: Chief Financial Officer	P.O. BOX 1416, BILOXI MS 39533-1416