Victory Bancorp (Victory Bancorp) Debt-to-Asset : 0.09 (As of Mar. 2024)

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What is Victory Bancorp Debt-to-Asset?

Victory Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Victory Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $38.56 Mil. Victory Bancorp's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $450.10 Mil. Victory Bancorp's debt to asset for the quarter that ended in Mar. 2024 was 0.09.

Victory Bancorp Debt-to-Asset Historical Data

The historical data trend for Victory 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.

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Victory Bancorp Debt-to-Asset Chart

Victory Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.04

0.07

0.05

0.04

0.11

Victory Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.04	0.05	0.08	0.11	0.09

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

For the Banks - Regional subindustry, Victory 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.

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

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

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

Victory Bancorp Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Victory 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	+	49.03)	/	442.163
	=	0.11

Victory Bancorp's Debt-to-Asset for the quarter that ended in Mar. 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	+	38.561)	/	450.102
	=	0.09

Victory Bancorp (OTCPK:VTYB) 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.

Victory Bancorp Debt-to-Asset Related Terms

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Victory Bancorp (Victory Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

548 N. Lewis Road, Suite 205, Limerick, PA, USA, 19468

Website

https://www.victorybank.com

Victory Bancorp Inc operates a full-service commercial and consumer banking business. The Bank's focus is on small- and middle-market commercial and retail customers. The Bank originates secured and unsecured commercial loans, commercial mortgage loans, consumer loans and construction loans and does not make subprime loans. The Bank also offers revolving credit loans, small business loans and automobile loans. The Bank offers a variety of deposit products, including demand and savings deposits, regular savings accounts, investment certificates and fixed-rate certificates of deposit.