GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Marine Bancorp FLA Inc (OTCPK:MBOF) » Definitions » Debt-to-Asset

MBOF (Marine Bancorp FLA) Debt-to-Asset : 0.05 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Marine Bancorp FLA Debt-to-Asset?

Marine Bancorp FLA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Marine Bancorp FLA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $33.15 Mil. Marine Bancorp FLA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $654.45 Mil. Marine Bancorp FLA's debt to asset for the quarter that ended in Dec. 2023 was 0.05.

Marine Bancorp FLA Debt-to-Asset Historical Data

The historical data trend for Marine Bancorp FLA's Debt-to-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.

Marine Bancorp FLA Debt-to-Asset Chart

Marine Bancorp FLA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.02 0.01 0.01 0.05 0.05

Marine Bancorp FLA Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset 0.02 0.01 0.01 0.05 0.05

Competitive Comparison of Marine Bancorp FLA's Debt-to-Asset

For the Banks - Regional subindustry, Marine Bancorp FLA's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marine Bancorp FLA's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Marine Bancorp FLA's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Marine Bancorp FLA's Debt-to-Asset falls into.


Marine Bancorp FLA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Marine Bancorp FLA's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 33.152) / 654.449
=0.05

Marine Bancorp FLA's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 33.152) / 654.449
=0.05

* 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.

Marine Bancorp FLA  (OTCPK:MBOF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Marine Bancorp FLA Debt-to-Asset Related Terms

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

Marine Bancorp FLA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Marine Bancorp FLA Inc (OTCPK:MBOF) » Definitions » Debt-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
571 Beachland Boulevard, Vero Beach, FL, USA, 32963
Website
https://www.marinebankandtrust.bank
Marine Bancorp FLA Inc, through its subsidiary, is engaged in providing banking and related services. The Bank offers a variety of community banking services to individuals and corporate customers. The company offers Checking, Loans, Debit cards, Credit cards, Commercial Loans, Merchant Services, Business savings and money markets, Mobile Banking and related services. The loan portfolio segment includes Commercial real estate, Residential real estate, Construction and land development, Commercial and Consumer.

Marine Bancorp FLA Headlines

From GuruFocus

ELGA Credit Union to Acquire Marine Bank & Trust

By PRNewswire • 06-04-2024