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First Greenwich Financial (First Greenwich Financial) Liabilities-to-Assets : 0.91 (As of Sep. 2019)


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What is First Greenwich Financial 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. First Greenwich Financial's Total Liabilities for the quarter that ended in Sep. 2019 was $357.40 Mil. First Greenwich Financial's Total Assets for the quarter that ended in Sep. 2019 was $391.55 Mil. Therefore, First Greenwich Financial's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2019 was 0.91.


First Greenwich Financial Liabilities-to-Assets Historical Data

The historical data trend for First Greenwich Financial'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.

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First Greenwich Financial Liabilities-to-Assets Chart

First Greenwich Financial Annual Data
Trend
Liabilities-to-Assets

First Greenwich Financial Semi-Annual Data
Sep19
Liabilities-to-Assets 0.91

Competitive Comparison of First Greenwich Financial's Liabilities-to-Assets

For the Banks - Regional subindustry, First Greenwich Financial'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.


First Greenwich Financial's Liabilities-to-Assets Distribution in the Banks Industry

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

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



First Greenwich Financial 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.

First Greenwich Financial's Liabilities-to-Assets Ratio for the fiscal year that ended in . 20 is calculated as:

Liabilities-to-Assets (A: . 20 )=Total Liabilities/Total Assets
=/
=N/A

First Greenwich Financial's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2019 is calculated as

Liabilities-to-Assets (Q: Sep. 2019 )=Total Liabilities/Total Assets
=357.404/391.549
=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.


First Greenwich Financial  (OTCPK:FGFI) 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.


First Greenwich Financial Liabilities-to-Assets Related Terms

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First Greenwich Financial (First Greenwich Financial) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
444 East Putnam Avenue, Cos Cob, CT, USA, 06807
First Greenwich Financial Inc is a United States-based company engaged in attracting deposits from the general public and investing those deposits in residential & commercial real estate loans and consumer & small business loans. It offers services including Certificate of Deposit, Checking, Courier Service, Online Banking, Retirement Accounts, and Lending services, among others.

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