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Generations Bancorp NY (Generations Bancorp NY) Liabilities-to-Assets : 0.91 (As of Mar. 2024)


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What is Generations Bancorp NY 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. Generations Bancorp NY's Total Liabilities for the quarter that ended in Mar. 2024 was $373.93 Mil. Generations Bancorp NY's Total Assets for the quarter that ended in Mar. 2024 was $410.83 Mil. Therefore, Generations Bancorp NY's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.91.


Generations Bancorp NY Liabilities-to-Assets Historical Data

The historical data trend for Generations Bancorp NY'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.

Generations Bancorp NY Liabilities-to-Assets Chart

Generations Bancorp NY Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.92 0.89 0.90 0.91

Generations Bancorp NY Quarterly Data
Jun09 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.90 0.91 0.91 0.91 0.91

Competitive Comparison of Generations Bancorp NY's Liabilities-to-Assets

For the Banks - Regional subindustry, Generations Bancorp NY'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.


Generations Bancorp NY's Liabilities-to-Assets Distribution in the Banks Industry

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

* The bar in red indicates where Generations Bancorp NY's Liabilities-to-Assets falls into.



Generations Bancorp NY 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.

Generations Bancorp NY's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=386.798/424.496
=0.91

Generations Bancorp NY's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=373.926/410.831
=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.


Generations Bancorp NY  (NAS:GBNY) 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.


Generations Bancorp NY Liabilities-to-Assets Related Terms

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Generations Bancorp NY (Generations Bancorp NY) Business Description

Traded in Other Exchanges
N/A
Address
20 East Bayard Street, Seneca Falls, New York, NY, USA, 13148
Generations Bancorp NY Inc is a stock holding company whose business consists of attracting retail deposits investing those in mortgage loans, manufactured home, real estate, home equity, commercial, construction, and multi-family loans. It has three segments community banking, insurance agency and municipal banking segments.
Executives
Bradford M Jones director, other: Chairman of the Board 19 CAYUGA STREET, SENECA FALLS NY 13148
Frank Nicchi director 19 CAYUGA STREET, SENECA FALLS NY 13148
Menzo D Case director, officer: President and CEO 19 CAYUGA STREET, SENECA FALLS NY 13148
Cynthia S Aikman director 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Derek M Dyson officer: SVP, Chief Information Officer 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Alicia H Pender director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Anthony G Cutrona officer: SVP, Growth & Profitability 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Angela M Krezmer officer: SVP and CFO 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kenneth Vincent Winn officer: SVP Credit Administration 220 LIBERTY STREET, WARSAW NY 14569
Gerald Macaluso director 19 CAYUGA STREET, SENECA FALLS NY 13148
August P Sinicropi director 19 CAYUGA STREET, SENECA FALLS NY 13148
Jose A Acevedo director 20 EAST BAYARD STREET, SENECA FALLS NY 13148
James Elsworth Gardner director 20 EAST BAYARD STREET, SENECA FALLS NY 13148