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Community First Bancshares (Community First Bancshares) Liabilities-to-Assets : 0.91 (As of Sep. 2020)


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What is Community First Bancshares Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Community First Bancshares's Total Liabilities for the quarter that ended in Sep. 2020 was $808.96 Mil. Community First Bancshares's Total Assets for the quarter that ended in Sep. 2020 was $888.17 Mil. Therefore, Community First Bancshares's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2020 was 0.91.


Community First Bancshares Liabilities-to-Assets Historical Data

The historical data trend for Community First Bancshares's Liabilities-to-Assets 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.

Community First Bancshares Liabilities-to-Assets Chart

Community First Bancshares Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Dec19
Liabilities-to-Assets
0.81 0.81 0.72 0.75 0.76

Community First Bancshares Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.76 0.88 0.92 0.91

Competitive Comparison of Community First Bancshares's Liabilities-to-Assets

For the Banks - Regional subindustry, Community First Bancshares's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Community First Bancshares's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Community First Bancshares's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Community First Bancshares's Liabilities-to-Assets falls into.



Community First Bancshares Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Community First Bancshares's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Liabilities-to-Assets (A: Dec. 2019 )=Total Liabilities/Total Assets
=242.127/319.294
=0.76

Community First Bancshares's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2020 is calculated as

Liabilities-to-Assets (Q: Sep. 2020 )=Total Liabilities/Total Assets
=808.958/888.17
=0.91

* 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.


Community First Bancshares  (NAS:CFBI) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Community First Bancshares Liabilities-to-Assets Related Terms

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Community First Bancshares (Community First Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
3175 Highway 278, Covington, GA, USA, 30014
Community First Bancshares Inc operates as a mutual holding company which offers personal and commercial banking services. It offers a range of services under personal, business, loans and education portfolios. It provides services such as personal checking account, savings account, individual retirement account, investment account, business certificates of deposit, debit card security and identity theft and fraud prevention. In addition, it offers diversity of option for loan such as home mortgage loan, personal loans and business loan such as equipment loan, commercial real estate loan and others. Geographically, operation of the group is functioned through United States.
Executives
Elizabeth Galazka officer: EVP-Lending 3175 HIGHWAY 278, COVINGTON GA 30014
Edward John Cooney director, officer: CEO 3175 HIGHWAY 278, COVINGTON GA 30014
Robert Vickers officer: Chief Operations Officer 3175 HIGHWAY 278, COVINGTON GA 30014
Robin S Reich director 3175 HIGHWAY 278, COVINGTON GA 30014
Brandi C Pajot officer: SVP-Chief Treas.& Risk Officer 3175 HIGHWAY 278, COVINGTON GA 30014
Clark Nelson officer: EVP and CCO 3175 HIGHWAY 278, COVINGTON GA 30014
Gregory J. Proffitt officer: President 3175 HIGHWAY 278, COVINGTON GA 30014
Tessa M. Nolan officer: SVP and CFO 3175 HIGHWAY 278, COVINGTON GA 30014
Johnny S Smith director, officer: President and CEO 3175 HIGHWAY 278 COVINGTON GA 30014
Fortson William D. Jr. director 3175 HIGHWAY 278, COVINGTON GA 30014
John R Crook officer: SVP and Senior Credit Officer 3175 HIGHWAY 278 COVINGTON GA 30014
Mark J Ross director 3175 HIGHWAY 278, COVINGTON GA 30014
Howard G Roberts director 3175 HIGHWAY 278, COVINGTON GA 30014
Kenneth D. Lumpkin officer: EVP and CLO 3175 HIGHWAY 278 COVINGTON GA 30014
Marshall L. Ginn director 3175 HIGHWAY 278, COVINGTON GA 30014

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