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GVYB (Golden VY Bancshares) Liabilities-to-Assets : 0.93 (As of Dec. 2024)


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What is Golden VY 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. Golden VY Bancshares's Total Liabilities for the quarter that ended in Dec. 2024 was $497.59 Mil. Golden VY Bancshares's Total Assets for the quarter that ended in Dec. 2024 was $536.29 Mil. Therefore, Golden VY Bancshares's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.93.


Golden VY Bancshares Liabilities-to-Assets Historical Data

The historical data trend for Golden VY 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.

Golden VY Bancshares Liabilities-to-Assets Chart

Golden VY Bancshares Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial 0.91 0.92 0.94 0.93 0.93

Golden VY Bancshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.93 0.93 0.93 0.92 0.93

Competitive Comparison of Golden VY Bancshares's Liabilities-to-Assets

For the Banks - Regional subindustry, Golden VY 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.


Golden VY Bancshares's Liabilities-to-Assets Distribution in the Banks Industry

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

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


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Golden VY 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.

Golden VY Bancshares's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=497.587/536.291
=0.93

Golden VY Bancshares's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=497.587/536.291
=0.93

* 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.


Golden VY Bancshares  (OTCPK:GVYB) 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.


Golden VY Bancshares Liabilities-to-Assets Related Terms

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Golden VY Bancshares Business Description

Traded in Other Exchanges
N/A
Address
190 Cohasset Road, Suite 170, Chico, CA, USA, 95926
Golden VY Bancshares Inc is the parent company of its wholly-owned subsidiary, Golden Valley Bank. The Bank is a commercial bank that provides a wide range of loans and deposit products to its surrounding communities in Butte, Shasta and surrounding counties.