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Citizens Holding Co (Citizens Holding Co) Liabilities-to-Assets : 0.97 (As of Dec. 2023)


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What is Citizens Holding Co 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. Citizens Holding Co's Total Liabilities for the quarter that ended in Dec. 2023 was $1,361.82 Mil. Citizens Holding Co's Total Assets for the quarter that ended in Dec. 2023 was $1,404.60 Mil. Therefore, Citizens Holding Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.97.


Citizens Holding Co Liabilities-to-Assets Historical Data

The historical data trend for Citizens Holding Co'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.

Citizens Holding Co Liabilities-to-Assets Chart

Citizens Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.92 0.92 0.97 0.97

Citizens Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.97 0.97 0.97 0.98 0.97

Competitive Comparison of Citizens Holding Co's Liabilities-to-Assets

For the Banks - Regional subindustry, Citizens Holding Co'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.


Citizens Holding Co's Liabilities-to-Assets Distribution in the Banks Industry

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

* The bar in red indicates where Citizens Holding Co's Liabilities-to-Assets falls into.



Citizens Holding Co 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.

Citizens Holding Co'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
=1361.824/1404.597
=0.97

Citizens Holding Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1361.824/1404.597
=0.97

* 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.


Citizens Holding Co  (OTCPK:CIZN) 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.


Citizens Holding Co Liabilities-to-Assets Related Terms

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Citizens Holding Co (Citizens Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
521 Main Street, Philadelphia, MS, USA, 39350
Citizens Holding Co is a bank holding company. Through its subsidiary, it engages in various commercial and personal banking activities, such as accepting demand deposits, savings, and time deposit accounts, making secured and unsecured loans, issuing letters of credit, originating mortgage loans, and providing personal and corporate trust services. The firm also provides certain services that are closely related to commercial banking, such as credit life insurance and title insurance for its loan customers. It also involves providing lending activities which include commercial, real estate, installment, and credit card loans. Most of its revenues are derived from lending activities.
Executives
Vincent Craig Dungan director 5401 WESTMINSTER DRIVE, MERIDIAN MS 39305-9559
Herbert A King director 101 LITTLEJOHN LANE, STARKVILLE MS 39759
Phillip R Branch officer: Chief Financial Officer 521 MAIN STREET, PHILADELPHIA MS 39350
Jane D. Crosswhite director 10140 ROAD 377, PHILADELPHIA MS 39350
Stacy M Brantley director, other: CEO of The Citizens Bank 521 MAIN STREET, PHILADELPHIA MS 39350
Gregory E. Cronin director, officer: Gulf Cost President 521 MAIN STREET, PHILADELPHIA MS 39350
Jason Voyles director 177 SAINT ANDREWS DRIVE, JACKSON MS 39211
Gregory Lyle Mckee director, officer: President and CEO 11360 HIGHWY 16 EAST, PHILADELPHIA PA 39350
David Peebles Webb director 613 INGLENOOK COURT, MADISON MS 39110
David Anderson King director 1006 EDGEWATER LANE, PHILADELPHIA MS 39350
Robert Townsend Smith officer: Treasurer and CFO
Terrell Elton Winstead director 10100 ROAD 2230, UNION MS 39365
Daniel Adam Mars director 518 POPLAR AVENUE, PHILADELPHIA MS 39350
Amzie Thomas Williams director 900 MAPLE AVENUE, PHILADELPHIA MS 39350
Joe Steve Webb director 534 POPLAR AVENUE, PHILADELPHIA MS 39350

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