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NBBK (NB Bancorp) Debt-to-Asset : 0.02 (As of Sep. 2024)


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What is NB Bancorp Debt-to-Asset?

NB Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.0 Mil. NB Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $116.3 Mil. NB Bancorp's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $5,002.6 Mil. NB Bancorp's debt to asset for the quarter that ended in Sep. 2024 was 0.02.

NB Bancorp Debt-to-Asset Historical Data

The historical data trend for NB Bancorp'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.

NB Bancorp Debt-to-Asset Chart

NB Bancorp Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Asset
- 0.08 0.06

NB Bancorp Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.06 0.01 0.01 0.02

Competitive Comparison of NB Bancorp's Debt-to-Asset

For the Banks - Regional subindustry, NB Bancorp'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.

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

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

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


NB Bancorp Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NB Bancorp'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 + 283.338) / 4533.412
=0.06

NB Bancorp's Debt-to-Asset for the quarter that ended in Sep. 2024 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 + 116.335) / 5002.557
=0.02

* 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.

NB Bancorp  (NAS:NBBK) 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.

NB Bancorp Debt-to-Asset Related Terms

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NB Bancorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NB Bancorp Inc (NAS:NBBK) » Definitions » Debt-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
1063 Great Plain Avenue, Needham, MA, USA, 02492
Website
http://www.needhambank.com
NB Bancorp Inc operates as the holding company of Needham Bank. Its business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate and multifamily loans, one- to four-family residential real estate loans, construction and land development loans, commercial and industrial loans, and consumer loans.