Park Sterling (Park Sterling) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2017)

View and export this data going back to 2007. Start your Free Trial

What is Park Sterling 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. Park Sterling's long-term debt to total assests ratio for the quarter that ended in Sep. 2017 was 0.02.

Park Sterling's long-term debt to total assets ratio stayed the same from Sep. 2016 (0.02) to Sep. 2017 (0.02).

Park Sterling LT-Debt-to-Total-Asset Historical Data

The historical data trend for Park Sterling'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.

* Premium members only.

Park Sterling LT-Debt-to-Total-Asset Chart

Park Sterling Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.02

0.03

0.02

Park Sterling Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Park Sterling LT-Debt-to-Total-Asset Calculation

Park Sterling's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )	/	Total Assets (A: Dec. 2016 )
	=	63.237	/	3255.395
	=	0.02

Park Sterling's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

LT Debt to Total Assets (Q: Sep. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2017 )	/	Total Assets (Q: Sep. 2017 )
	=	63.765	/	3247.253
	=	0.02

Park Sterling (NAS:PSTB) 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.

Park Sterling LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Park Sterling's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Park Sterling (Park Sterling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Park Sterling Corp (NAS:PSTB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.parksterlingbank.com

Park Sterling Corp acts as a holding company for Park Sterling Bank. The company provides banking services to small and mid-sized businesses, owner-occupied and income-producing real estate owners, residential builders, institutions and professionals. Products of the company include personal, business and non-profit checking accounts, IOLTA (Interest on Lawyers' Trust Accounts) accounts, individual retirement accounts, business and personal money market accounts, time deposits, safe deposit boxes and online and mobile banking. In addition, it also provides lending activities include short- to medium-term commercial, real estate, construction, residential mortgage and consumer loans, as well as long-term residential mortgages. Revenue of the company mainly consists of interest income.

Executives

Donald K Truslow	officer: Chief Financial Officer	ONE M&T PLAZA, BUFFALO NY 14203
Larry W. Carroll	director	C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Jean E Davis	director
James C. Cherry	director, officer: CEO	C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Donald E Pickett	officer: Principal Accounting Officer	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Thomas B Henson	director	THOMAS B HENSON, 2131 AYRSLEY TOWN BOULEVARD, SUITE 300, CHARLOTTE NC 28273
Walter C Ayers	director	8903 SIERRA ROAD RICHMOND VA 23229
Stephen A. Arnall	officer: Principal Accounting Officer	C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204

Park Sterling (Park Sterling) Headlines

No Headlines