American Bank (American Bank) LT-Debt-to-Total-Asset : 0.14 (As of Mar. 2007)

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What is American Bank LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. American Bank's long-term debt to total assests ratio for the quarter that ended in Mar. 2007 was 0.14.

American Bank's long-term debt to total assets ratio declined from Mar. 2006 (0.15) to Mar. 2007 (0.14). It may suggest that American Bank is progressively becoming less dependent on debt to grow their business.

American Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for American Bank's LT-Debt-to-Total-Asset 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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American Bank LT-Debt-to-Total-Asset Chart

American Bank Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

LT-Debt-to-Total-Asset

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0.24

0.22

0.21

0.19

0.14

American Bank Quarterly Data
	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.14	0.14	0.14	0.14

American Bank LT-Debt-to-Total-Asset Calculation

American Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

LT Debt to Total Assets (A: Dec. 2006 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2006 )	/	Total Assets (A: Dec. 2006 )
	=	72.237	/	504.595
	=	0.14

American Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2007 is calculated as

LT Debt to Total Assets (Q: Mar. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2007 )	/	Total Assets (Q: Mar. 2007 )
	=	72.208	/	504.368
	=	0.14

American Bank (OTCPK:AMBK) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

American Bank LT-Debt-to-Total-Asset Related Terms

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American Bank (American Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » American Bank Inc (OTCPK:AMBK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4029 West Tilghman Street, Allentown, PA, USA, 18104

Website

https://www.ambk.com

American Bank Inc is a United States-based holding company for American Bank. The bank offers deposit and loan products for consumer, business, institutional and governmental customers, including interest-bearing checking, money market accounts, and retirement accounts. It generates revenue from interest and dividend income on loans and investments.

Executives

John C Long

director

2400 BERNVILLE ROAD, READING PA 19612

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