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


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What is SSB Bancorp 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. SSB Bancorp's Total Liabilities for the quarter that ended in Mar. 2024 was $281.02 Mil. SSB Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $308.72 Mil. Therefore, SSB Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.91.


SSB Bancorp Liabilities-to-Assets Historical Data

The historical data trend for SSB Bancorp'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.

SSB Bancorp Liabilities-to-Assets Chart

SSB Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.93 0.89 0.90 0.90 0.91

SSB Bancorp Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 - 0.91 0.91 0.91 0.91

Competitive Comparison of SSB Bancorp's Liabilities-to-Assets

For the Banks - Regional subindustry, SSB Bancorp'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.


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

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

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



SSB Bancorp 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.

SSB Bancorp'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
=268.626/295.824
=0.91

SSB Bancorp'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
=281.018/308.721
=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.


SSB Bancorp  (OTCPK:SSBP) 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.


SSB Bancorp Liabilities-to-Assets Related Terms

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SSB Bancorp (SSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
8700 Perry Highway, Pittsburgh, PA, USA, 15237
SSB Bancorp Inc is engaged in the provision of financial services to individuals and corporate customers. The bank offers deposits, loans, consumer financing, certificate of deposits, mortgage loans, card services, internet banking, insurance, and other related services.
Executives
Moon Joseph Daniel Iv director, officer: President, CEO & CFO 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Gretchen Givens Generett director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Kenneth J. Broadbent director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Benjamin Contrucci officer: Vice President of Subsidiary 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Peter F. Stires officer: VP of Comm Lending 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Docchio David H. Jr. director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Mark C. Joseph director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bernie M. Simons director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bancorp, Mhc Ssb 10 percent owner 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Jennifer R. Harris officer: Chief Lending Officer of Sub 8700 PERRY HIGHWAY, PITTSBURGH PA 15237